Tether, the USDT issuer, is making big changes to its operations, adding Bo Hines, a former crypto advisor to President Donald Trump, as CEO of its American division and launching a new dollar-pegged cryptocurrency designed specifically for US institutions. Tether’s New USAT Token Hines, who previously led the Presidential Council of Advisors for Digital Assets, began advising Tether in August, following a brief tenure at the White House. Under his leadership, Tether US will be headquartered in Charlotte. In conjunction with Hines’s appointment, the stablecoin issuer is introducing a new token called “USAT,” which will operate under the recently signed GENIUS Act, which aims to provide a new regulatory framework for the fast-growing stablecoin sector in the country. While the firm’s USDT, the largest stablecoin by trading volume, continues to serve global markets, USAT is specifically designed to cater to businesses and institutions that require compliance with US regulations. The launch of USAT will utilize Tether’s proprietary tokenization platform, Hadron. Anchorage Digital will serve as the issuer of USAT, while Cantor Fitzgerald has been designated as the reserve custodian and preferred primary dealer. Paolo Ardoino Highlights USAT Token’s Tether’s CEO, Paolo Ardoino, emphasized the importance of the firm’s new USAT token, highlighting its role in building trust and improving accessibility in the digital economy. Ardoino added: For over a decade, Tether – as the creator of the stablecoin industry – has issued USDT, the backbone of the digital economy, and today the US dollar stablecoin for hundreds of millions of underserved people living in emerging markets, proving that digital assets can deliver trust, resilience, and freedom on a global scale Ardoino reiterated Tether’s dedication to ensuring the dollar remains central in the digital age, stating, “USAT is our commitment to ensuring that the dollar not only remains dominant, but thrives.” Featured image from DALL-E, chart from TradingView.com
Bitcoin supply squeeze is forming as large holders (“sharks”) and long-term holders hoard coins while exchanges register outflows, concentrating roughly 65,000 BTC added by sharks in seven days and creating
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Salvadoran president and Bitcoin advocate Nayib Bukele says he buys 1 BTC per day. The IMF says he doesn't. Who's wrong?
XRPL TVL has climbed above $100 million after a roughly 10% rise in locked liquidity, driven by increased corporate and institutional adoption of XRPL dApps and protocol upgrades. This uptick
Abs Nassif, host of the Good Morning Crypto podcast, has shared the updated XRP rich list, with details tracking the acquisition costs required to join different tiers of top holders. The chart breaks down account percentages, balances, and valuations across key dates from 2013 to 2025, with an additional projection based on a potential $10 XRP price. The data illustrates how the thresholds to enter the top ranks of XRP holders have changed dramatically over time. In 2013, an account needed a balance of just 50,025 XRP to sit within the top 1%. At that point, the cost was $750 when XRP traded at $0.015. By September 2025, the same balance required an investment of $141,071 with XRP at $2.82. JUST IN: $XRP *UPDATED* RICH LIST! CLICK THE LINK BELOW TO WATCH THE FULL ANALYSIS! https://t.co/gb1dATeH4b pic.twitter.com/ulJwQgyRC3 — Good Morning Crypto (@AbsGMCrypto) September 11, 2025 Rising Acquisition Costs Across Tiers The figures reveal the steep climb in costs across all levels. Joining the top 10% requires 2,396 XRP. In 2013, that cost just $36, rising to $527 in 2017, $2,851 in 2021, and $6,757 in 2025. At $10 XRP, it would equal $23,960. To reach the top 0.10%, an account must hold at least 350,491 XRP. In early 2013, that position could be secured for $5,257. Four years later, in September 2017, it took $77,108 to join that tier. By 2021, the value surged to $417,084, and as of September 2025, the cost reached $988,385. The top 0.01% on the XRP rich list represent only 691 accounts, demonstrating this change on the highest scale. That threshold requires at least 6,692,587 XRP. When XRP traded at $0.015, the value stood at $100,389. In 2017, it had climbed to $1,472,369, and by 2021, it was $7,964,179. Four years later, in 2025, the total has risen to $18,873,095. Looking Toward the Future The chart also provides a hypothetical scenario in which XRP reaches $10 . At that level, the top 0.01% balance would be valued at $66,925,870. Even the 1% threshold of 50,025 XRP would translate to $500,250. Lower tiers reflect the same trend, with the 5% threshold of 8,370 XRP equating to $83,700 in value. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 This progression shows that what once required only hundreds of dollars now demands tens of thousands, and in some cases, millions. The cost to join the most exclusive categories has expanded so sharply that long-term holders now find themselves in positions of extraordinary value, and investors who fail to get in early might get priced out soon . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Updated XRP Rich List Shows How Much Needed to Be a Millionaire appeared first on Times Tabloid .
BitcoinWorld Shocking USDT Seizure: US DOJ Targets Iranian Drone Firm Founder The cryptocurrency world is once again at the forefront of global enforcement actions. In a significant move, the U.S. Department of Justice (DOJ) has initiated a civil forfeiture complaint, seeking a substantial USDT seizure . This action targets approximately 580,000 USDT linked to the founder of an Iranian drone firm, sending a clear message about the increasing scrutiny of digital assets in illicit finance. Why is the US DOJ Pursuing This USDT Seizure? The U.S. Department of Justice recently filed a civil forfeiture complaint. This legal action aims to seize a considerable sum of Tether (USDT) from a key individual. The target is the founder of SDRA, a company reportedly involved in providing drone technology to the Iranian military. Decrypt, a reputable crypto news outlet, brought this development to light, emphasizing the ongoing global efforts to disrupt funding for sanctioned entities. SDRA’s Alleged Role: SDRA is accused of being a crucial supplier of drone technology to the Iranian military, an entity subject to international sanctions. Sanctions Evasion Concerns: The use of Tether (USDT) in this context raises serious questions about attempts to bypass traditional financial sanctions and hide transactions. Global Implications: This case highlights the intricate challenge of monitoring and enforcing financial regulations within the decentralized and borderless cryptocurrency landscape. What Does This USDT Seizure Mean for Digital Asset Holders? This isn’t an isolated incident; it signifies a growing trend in global enforcement. Governments worldwide are actively enhancing their capabilities to trace, freeze, and seize digital assets that are linked to illicit operations. For individuals and businesses holding cryptocurrencies, this development underscores the critical importance of due diligence and understanding the provenance of their digital funds. Expect to see several key impacts: Increased Transaction Scrutiny: Authorities will likely intensify their monitoring of cryptocurrency transactions, especially those involving cross-border movements or connections to high-risk jurisdictions. Advanced Investigative Tools: Law enforcement agencies are continually investing in sophisticated blockchain analytics tools. These tools help identify suspicious patterns and illicit activities within the vast network of digital transactions. Calls for Regulatory Clarity: This case could further fuel discussions for clearer, more comprehensive regulations around stablecoins like USDT. The aim is to prevent their misuse in international transactions that violate sanctions. How Does This USDT Seizure Impact Global Sanctions Enforcement? The civil forfeiture complaint against the Iranian drone firm founder represents a pivotal adaptation of sanctions enforcement for the digital age. Historically, sanctions focused on freezing bank accounts or physical assets. However, as malicious actors increasingly leverage cryptocurrencies, authorities are compelled to evolve their strategies. This aggressive move by the DOJ sends a resounding message: digital assets are not a safe haven from legal action. It reinforces the need for international cooperation to combat financial crime in an interconnected digital economy. The successful execution of such a USDT seizure could establish a significant precedent, paving the way for similar actions in future cases involving cryptocurrency-related illicit finance. The U.S. DOJ’s determined pursuit of this USDT seizure from an Iranian drone firm founder marks a critical juncture in the global fight against illicit finance. It vividly illustrates the evolving landscape where digital assets are facing intensified scrutiny from authorities worldwide. This action serves as a stark reminder that the perceived anonymity of cryptocurrencies does not grant immunity from legal repercussions. It also reinforces the urgent need for heightened vigilance and robust compliance frameworks across the entire cryptocurrency ecosystem. To learn more about the latest crypto market trends, explore our article on key developments shaping the digital asset space and institutional adoption. Frequently Asked Questions About Crypto Seizures 1. What exactly is USDT? USDT, or Tether, is a stablecoin. This means its value is pegged to a fiat currency, specifically the U.S. dollar, on a 1:1 basis. It aims to offer the stability of traditional currencies with the flexibility of digital assets. 2. Why is the DOJ specifically targeting USDT in this case? USDT is one of the most widely used stablecoins globally. Its liquidity and ease of transfer across various blockchain networks make it attractive for both legitimate and, unfortunately, illicit transactions, including attempts to circumvent financial sanctions. 3. How does the U.S. Department of Justice seize digital assets like USDT? The DOJ typically works with cryptocurrency exchanges, wallet providers, or uses court orders to compel custodians to freeze and transfer assets. They also leverage advanced blockchain analysis to trace funds and identify wallets associated with illegal activities. 4. What is the broader significance of this particular USDT seizure? This seizure highlights the increasing sophistication of law enforcement in tracking and confiscating digital assets used in illicit schemes. It signals a strong commitment from authorities to extend traditional financial regulations into the cryptocurrency domain, especially concerning national security and sanctions compliance. 5. How can legitimate crypto users protect themselves from involvement in illicit activities? Legitimate users should always conduct thorough due diligence on their transaction counterparts, use reputable exchanges, and be aware of “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) regulations. Avoid engaging with unverified sources or transactions that seem too good to be true. Stay informed on critical developments shaping the crypto landscape. Share this article with your network to spread awareness about global enforcement actions in the digital asset space and the ongoing fight against illicit finance. This post Shocking USDT Seizure: US DOJ Targets Iranian Drone Firm Founder first appeared on BitcoinWorld .
On Sept. 12, 2025, XRP traded at $3.04, valuing the asset at a market capitalization of $181 billion. Over the last 24 hours, volume totaled $5.25 billion, with an intraday range of $2.99 to $3.07. XRP On the 1-hour chart, XRP is confined to a compact band between $3.02 and $3.075 following a mild pullback
Dogecoin (DOGE) continues leading the pack for meme coins and earning fame for making its