Stablecoin issuer Tether accessed US banking system using Signature: Report
At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars through the bank’s Signet platform.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars through the bank’s Signet platform.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
What the Tether audit means for the crypto industry
In news that will shock anyone who’s been involved in the crypto industry for any significant amount of time, Tether announced las...
SEC Shelved Crypto Fundraising Rulemaking After Wall Street Group Weighed Legal Challenge: Report
The Securities and Exchange Commission abruptly canceled an open meeting Friday that would have started the formal rulemaking proc...
U.S. Treasury Unveils GENIUS Act Stablecoin Rules With 2027 Licensing Deadline Ahead
Key Takeaways: The Treasury proposed rules to implement the GENIUS Act for payment stablecoins. U.S. issuers will typically have t...
Citi to Debut Bitcoin Custody for Institutional Investors
Bitcoin Magazine Citi to Debut Bitcoin Custody for Institutional Investors Citi will debut a bitcoin custody service later this ye...
Visa seeks new partner for stablecoin settlement after Mastercard snags BVNK
Visa's search for a new stablecoin partner highlights the intensifying competition in real-time payments, impacting global financi...
Ex-Signature Bank chair launches blockchain-powered instant overseas payments service
N3XT's blockchain-based service could reshape global finance by offering regulated, instant cross-border payments, challenging tra...