USDT news
Revolut Freezes USDT Deposits in Europe With 30 Days Left on the MiCA Clock
Revolut stopped accepting USDT deposits on July 30 for its more than 75 million users, leaving 30 days until the August 31 full delisting under MiCA.
South Korea's Biggest Bank Puts Corporate Dollar Payments on JPMorgan's Kinexys
KB Kookmin Bank, South Korea's largest lender, will use JPMorgan's Kinexys blockchain to move US dollar corporate payments across 10 country corridors starting in August 2026.
Russia's Biggest Bank Is Building a Crypto Exchange Before the Law Exists
Sberbank set a December 1, 2026 launch date for a full crypto trading stack including a digital depository, moving faster than the State Duma's July 21 bill that has not yet been signed into law.
OCC Slams 30-Day Window on Stablecoin AML Rule, Bank Lobby Cries Foul
The OCC's GENIUS Act BSA/sanctions proposal closed July 24 after just 30 days. It treats permitted stablecoin issuers as banks under BSA, forcing Circle and future PPSIs to build full compliance stacks before charter approval.
3 Bridges Lost $35M Yesterday Without A Single Solidity Bug. The 2026 DeFi Threat Model Stopped Fitting The Audit Report Months Ago
In May 2026, compromised keys overtook smart contract exploits as the leading DeFi attack vector by incident count. The July 22-23 bridge losses of $35.55M confirm it. What audits certify is no longer what protects LP capital, and $840M is already gone this year.
Verus Redeposited $11.56M Into The Bridge That Just Got Drained. Two Weeks Later An Attacker Emptied It Again For $7.54M
Verus refunded its bridge on July 8 after the May exploit. Fourteen days later a different attacker drained $7.54M through the same forged import path bug class. Blockaid flagged the entry vector as identical. Post-incident review missed the class.
42DAO's Own Oracle Signed Off On A BTCB Print That Let An Attacker Mint 4.5 Million BLC From Nothing
An attacker poked 42DAO's Median Oracle on July 22, 2026, got a bad BTCB print accepted, and used it to mint 4.5M BLC from a null address on BNB Chain. The drain via PancakeSwap V2 hit $915K and the stablecoin collapsed 99% to $0.001209 in two hours.
Peirce Just Drew A Line That Puts $8B Of DeFi Vaults On The Wrong Side
SEC Commissioner Hester Peirce said on July 22 that many DeFi vaults may qualify as securities depending on curator discretion, putting Coinbase and Robinhood yield products directly in the regulatory blast radius.
Allbridge's Own 2023 Fix Would Have Blocked This Attack, But Solana's Pool Was Misconfigured
Allbridge paused Core after an attacker drained roughly $1.65M from Solana stablecoin pools using a Kamino flash loan. A post-2023 safeguard should have stopped the exact attack, but the Solana pool held both USDC and USDT.
Circle Gets OCC Trust Charter as USDC Hits 70 Percent of Stablecoin Volume
Circle received its OCC national trust bank charter on July 10, and USDC now runs 70 percent of adjusted stablecoin transaction volume, widening its lead over USDT for the first time in years.
Aave Stable Vaults Push 20B Stablecoin Yield Engine Into Fintech Apps
Aave Labs launched Stable Vaults on July 9, letting fintechs, wallets and exchanges embed predictable USDC, USDT and GHO yield through a single Chainlink CCIP integration.
GENIUS Act final rules hit today. What every stablecoin holder needs to check before Monday.
Six US federal agencies had until July 18 to publish final GENIUS Act stablecoin rules. The framework separates payment stablecoins from yield stablecoins, forces monthly attestations, and reshapes what a US holder can safely custody. Here is the practical portfolio checklist.
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