What matters today
Headlines and short briefings we actually use when reading the market — filtered for relevance, not volume.
The Bank Policy Institute is pressing the Office of the Comptroller of the Currency for a clearer process regarding stablecoin rewards following the finalization of new rules. Concerns center on the lack of a defined framework for evaluating arrangements that incentivize stablecoin holders.
2 min read
Prosecutors have detailed a flow of $37 million allegedly stolen from 174 American victims, tracing the funds through a Bahamas-based bank and ultimately into Tether’s USDT stablecoin. No new recovery figures were released.
2 min read
Cardano developers have released the Dijkstra testnet, providing a public environment for preparation ahead of the upcoming Conway upgrade. The launch doesn’t signal immediate mainnet activation, but a crucial step in compatibility testing.
2 min read
Hedge funds held roughly $2 trillion in cash U.S. Treasuries at year-end 2025, representing about 7% of marketable debt, driven by basis trades that exploit small gaps between bonds and derivatives.
2 min read
Circle's cross-chain balance service Gateway now supports wrapped Bitcoin token cirBTC and euro stablecoin EURC alongside USDC, with each asset maintaining independent balances across distinct network routes.
3 min read
The UK Financial Conduct Authority has launched a consultation on updated financial crime guidance for crypto businesses, detailing expectations for wallet checks, blockchain analytics, and Travel Rule compliance. The consultation closes on December 24.
2 min read
Circle has introduced USDC auctions allowing institutions to capture fees previously paid by redeemers cashing out of the stablecoin. The new system aims to improve capital efficiency and offer incentives within the USDC ecosystem.
2 min read
The Democratic ranking member of the Senate Permanent Subcommittee on Investigations has requested records from Tether CEO Paolo Ardoino regarding a reported agreement between the stablecoin issuer and Nxum, a firm tied to former Trump crypto adviser Bo Hines.
2 min read
Sen. Richard Blumenthal (D-Conn.) launched an investigation into Tether's reported $6 million payment to a consulting firm co-owned by former White House cryptocurrency adviser Bo Hines, citing potential conflicts of interest and violations of federal ethics and lobbying laws.
2 min read
