Market News Today — AI-Curated Stock & Crypto Headlines

A consortium of 21 banks, including Goldman Sachs and Bank of America, is planning to launch a U.S.

Tether's USDT stablecoin has launched on the Stellar blockchain, expanding its ecosystem to a new network.

Societe Generale’s euro‑denominated stablecoin EURCV added $5.6 million in value, making it the second‑fastest‑growing euro stablecoin, according to Crypto Briefing.

David Schwartz, former Ripple CTO, publicly supported Tether's decision to freeze $42 million in a warrantless action as part of an SDNY lawsuit, citing anti-money laundering (AML) risks.

Armitage has expanded its USDT vault offerings on the Morpho platform, which may increase access to stablecoin demand across global markets.

Wyoming’s Stable Token Commission migrated the FRNT stablecoin from LayerZero to Chainlink CCIP following a security review.

A legal dispute emerged where plaintiffs involved in a pig butchering scam challenged Tether's authority to freeze $42 million linked to the case.

Major financial institutions, including Bank of America and Citi, are reportedly racing to control the projected $1.9 trillion stablecoin market shift to retain customer deposits, as stablecoins could divert $500 billion from US bank deposits by 2028 according to Standard Chartered.

Tether, the issuer of the USDT stablecoin, faces a lawsuit over its decision to freeze $42.4 million in wallets without a warrant.

A lawsuit alleges Tether froze $42.4 million USDT in response to an informal U.S.

The CLARITY Act, a proposed crypto regulation bill, is scheduled for a critical Senate debate vote on September 15 requiring 60 votes to proceed.

Circle, the issuer of the USDC stablecoin, processed $32 trillion in USDC transfers in Q2, with 95.2% of its revenue derived from interest income on reserves.