Tether has introduced USAt, a new U.S. dollar–backed stablecoin designed to comply with U.S. federal regulations. The token marks Tether’s first effort to issue a stablecoin specifically for domestic use under a new legal framework. Additionally, the initial exchange listings represent its first public rollout.
Crypto markets appear to have moved past the leverage-driven stress seen in October, according to asset manager Grayscale. Recent research shared by the firm suggests derivatives activity has stabilized, supply pressure has eased, and market direction is now more closely tied to fundamentals and policy developments. As a result, price action may be better positioned to respond to upcoming regulatory and institutional shifts rather than past disruptions.
Bitcoin’s Lightning Network has reached a new capacity record as major exchanges add more funds and developers roll out new tools. At the same time, an upgrade to Taproot Assets is pushing Bitcoin closer to supporting multiple asset types on its base ecosystem.
Spot is making a comeback, Binance still reigns, and ETFs attract big fish: crypto hasn't said its last word... except for altcoins that are sulking.
While Bitcoin catches its breath, OKB burns 93% of its reserve, soars to the sky, flirts with a liver crisis… and quietly builds its kingdom on X Layer.
OKB, the native token of OKX, has jumped nearly 160% in a single day after the platform announced sweeping changes to its blockchain ecosystem and tokenomics, including a massive one-time token burn and a fixed maximum supply. The price of OKB jumped from around $45 to as high as $135 on Wednesday, following news that OKX will permanently remove 65,256,712 OKB from circulation. The burn, which comes from historical repurchases and treasury reserves, will leave the total supply capped at 21 million tokens.