Orlen Oil Loss Exposes Stablecoin Payment-Control Gaps
A failed Venezuelan oil transaction involving Poland’s Orlen shows how stablecoin settlement can magnify counterparty, custody and sanctions-control failures.
Tag: Tether
Tether and Nairobi Exchange Explore Tokenised Settlement
Tether and the Nairobi Securities Exchange will study tokenised securities and settlement infrastructure, but the agreement does not launch a market or approve USDT for settlement.
Tether Reports $1.5B Q2 Profit and $4.11B Reserve Buffer
Tether reported $1.5 billion in quarterly operating profit and a $4.11 billion asset buffer as USDT issuance reached $184.6 billion.
Hyundai Tests USDT for Cross-Border Treasury Settlement
Hyundai’s US and Mexican units completed a $20,000 USDT transfer pilot, testing stablecoin settlement within an established corporate treasury process.
Tether Announces $20M Investment in Mercado Bitcoin
Tether announced a $20 million investment in Mercado Bitcoin, with the Brazilian platform planning to expand payments, tokenization and credit infrastructure.