TetherUSDT-USD
▲ PositiveRegulationrelevance
Thai push to amend digital asset laws and open Stablecoin for payments would expand official use of stablecoins like USDT, benefiting Tether.
Impact on assets 1
Others▲ · 1 stocks
TetherTheme Impact 3
Off-coverage companies
Related news
▲2
Mastercard Enables SoFiUSD Stablecoin Settlement Across $25b SoFi Card Program
Mastercard has switched on stablecoin settlement for SoFi Bank's debit and credit cards, using SoFiUSD across a reported $25b card program and tying blockchain-based assets directly into its existing global network. The launch adds to recent card partnerships and open finance integrations that feed into how the market weighs Mastercard's future growth potential against execution and regulatory risk. Mastercard's stock has a 90 day share price return of 13.75%, while the 30 day move is down 5.15%, and its total shareholder return stands at 45.96% over three years and 62.33% over five years. Against a last close of $567.65, the most followed narrative on Mastercard argues for a fair value of $750, a 24% undervalued view. On the other side of that narrative, Mastercard trades on 30.6x earnings, while the fair ratio sits at 21.5x, the US Diversified Financial industry at 17.3x, and direct peers around 48x.
▲
AI Agents on XRP Ledger Favor Ripple USD Over XRP, XRPL AI Hub Data Shows
Autonomous AI agents using XRP Ledger infrastructure for around-the-clock settlements have begun to favor regulated stablecoins over native crypto assets on a large scale, according to XRPL AI Hub data. The shift means these agents are opting for Ripple USD rather than XRP when settling transactions around the clock. The data comes from XRPL AI Hub, which tracks activity on the XRP Ledger. The article also references a new prediction from BlackRock, though no further details on that prediction are provided in the available text.
▼3impact 4
Fed Publishes Proposed Rules for Stablecoin Regulation Under the GENIUS Act
The US Federal Reserve Board on September 24 published two proposed rules to flesh out stablecoin regulation under the GENIUS Act. The first proposal would require issuers under Fed supervision to back their outstanding tokens 100 percent at all times with qualifying reserve assets, limited to highly safe and liquid assets such as US dollar cash and deposits and US Treasuries with a remaining maturity of 93 days or less, held separately from the company's other assets and disclosed in a monthly breakdown. If reserve assets fall below the outstanding issuance, the issuer must report to the Fed and promptly close the shortfall, and if improvement proves difficult, liquidate assets to redeem the outstanding stablecoins. Redemption requests from users would in principle be honored at par within two business days, and issuers would also be required to hold capital separate from reserve assets to guard against system failures and fraud, put in place information security and anti-money laundering measures, and be barred from paying interest or yield solely for holding the tokens. The second proposal sets out the application process for banks under Fed supervision that issue stablecoins through subsidiaries, requiring them to submit business plans and financial information and obtain prior Fed approval. The proposals translate the GENIUS Act, enacted in July 2025, into actual supervisory rules, and will be open for public comment for 60 days after publication in the Federal Register, after which the final content will be decided.