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US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million

US authorities have used Tether's control over its dollar-linked stablecoin to freeze about $475 million connected to Iran in less than three months, extending Washington's sanctions reach beyond the traditional banking system. On July 14, the US government sanctioned four wallets on the Tron blockchain holding roughly $131 million in USDT. These addresses are linked […]

CryptoSlateCryptoSlateOluwapelumi Adejumo15 Jul

The next currency crisis could turn $300 billion in stablecoins into national currencies

Bolivia's government is evaluating whether to include USDT in its regulated payment system alongside the boliviano and the US dollar, according to local media. Cryptoassets are authorized in the country with no legal-tender status attached. The country's finance minister described the current state as a prohibition lifted without a clear regulatory framework, with the technical […]

CryptoSlateCryptoSlateGino Matos14 Jul

Crypto exchanges are becoming the new distribution channel for Wall Street assets

Crypto exchanges are increasingly becoming distribution platforms for Wall Street exposure as trading in tokenized stocks and real-world asset derivatives accelerates across crypto markets. Tokenized assets became the most-listed category across major centralized exchanges in the first half of 2026, accounting for nearly one in every five new listings, CryptoRank data shows. The category represented […]

CryptoSlateCryptoSlateOluwapelumi Adejumo13 Jul