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Senate Report Names Names: USDT Emerges as Core Tool in Iran's Shadow Banking System
A new US Senate investigative report states that Tether and its stablecoin USDT have become central to the operation of "Iran's shadow banking system"—details are scarce, but the allegation is unambiguous.
Uniswap Rolls Out StablePair Hook, Dynamic Fees to Lock In USDC/USDT Stablecoin Pairs
Uniswap Labs has launched StablePair Hook, built on the Uniswap v4 architecture, introducing a dynamic fee mechanism for stablecoin pairs like USDC and USDT. The official line: the goal is to help liquidity providers capture more fee value.
Tether Teams Up with Fasanara on $400M Fund, Aims to Raise Cap to $3B
Stablecoin issuer Tether and fintech firm Fasanara have jointly launched a stablecoin-settled private credit fund, starting at $400 million, with plans to raise up to $3 billion from institutional investors, deployed through Fasanara's global fintech lending network.
Bybit launches round-the-clock options trading, SpaceX and Nvidia become the first targets
Bybit announced that it will open SPCX and NVDA stock perpetual contract options starting from September 17, supporting all-weather trading, odd-lot unit and USDT settlement. The exchange continues to move traditional stock assets into the crypto market.