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treasury tehran crypto exchange handled part of irans 2 million hormuz passage fees Tankers crossing the Strait of Hormuz have paid Iran somewhere between $1 million and $2 million apiece this year. According to the U.S. Treasury, a slice of those payments has moved through a Tehran-based cryptocurrency exchange since June.

Treasury: Tehran crypto exchange handled part of Iran’s $2 million Hormuz passage fees

one us forfeiture case ties tether binance and a 1 5 billion iranian oil pipeline together The number prosecutors are asking for is $61 million. The number they describe in the same document is north of $1.5 billion. That spread — roughly 4 cents on the dollar — is the sharpest available snapshot of what on-chain enforcement currently reaches, and what it doesn't.

One US forfeiture case ties Tether, Binance and a $1.5 billion Iranian oil pipeline together

coinbase wires community banks into stablecoins and owns the rails underneath A small-town business reaching a stablecoin rail now has three parties standing in the path. The customer relationship belongs to the bank or credit union. The payments-platform link comes from Moov. Custody and movement components come from Coinbase, per its announcement. To the customer, it all looks like a single bank-branded product.

Coinbase Wires Community Banks Into Stablecoins — And Owns the Rails Underneath

tether bets on private credit with fasanara as 3 trillion market shows record defaults Tether has stepped into private credit just as the incumbents in that market are nursing a rough quarter.

Tether Bets on Private Credit With Fasanara as $3 Trillion Market Shows Record Defaults

won backed stablecoins could shave up to 3 8 billion a year off south korean merchant fees parliaments budget office estimates The figure worth pausing on in the National Assembly Budget Office's analysis of South Korea isn't the top-line savings number at all. It's how wide the range is.

Won-backed stablecoins could shave up to $3.8 billion a year off South Korean merchant fees, parliament’s budget office estimates

won stablecoins could trim up to 3 8 billion from korean merchants payment bills but the floor is far lower Won-denominated stablecoins could shave somewhere between 370 billion won ($275 million) and 5.15 trillion won off what South Korean merchants pay in annual payment fees each year, according to the National Assembly Budget Office. That is the conclusion. The real story sits in the distance between those two figures.

Won stablecoins could trim up to $3.8 billion from Korean merchants’ payment bills — but the floor is far lower

arbitrum daos h1 income hit 6 19m and its top revenue source landed one day too late In Brief:

Arbitrum DAO’s H1 Income Hit $6.19M — And Its Top Revenue Source Landed One Day Too Late

21 banks including citi and goldman line up a stablecoin and circle shares are already sinking A group of 21 banks and asset managers has revealed plans to stand up a company that will issue stablecoins. Circle's shares have slid roughly 6% on the day, lagging behind most crypto-linked equities. Those two sentences are the entire story — and it marks the second occasion this year that traders have marked Circle down over a competitor that has yet to exist.

21 Banks Including Citi and Goldman Line Up a Stablecoin — and Circle Shares Are Already Sinking

inside strategys 13400 strc bitcoin floor a coverage ratio marker not a safety net Strategy has attached a figure to the downside, and that figure is $13,400. The company is marketing it as the "BTC Floor" for STRC, its variable-rate cumulative perpetual preferred stock. Bitcoin trades near $78,000, so the label reads like an enormous cushion.

Inside Strategy’s $13,400 STRC “Bitcoin floor”: a coverage-ratio marker, not a safety net

deribit moved 90 of client assets to coinbase now its daily proof of reserves check is going away Come Sept. 1, the one page that let anyone check Deribit's arithmetic disappears.

Deribit Moved 90% of Client Assets to Coinbase — Now Its Daily Proof-of-Reserves Check Is Going Away

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