Strategy Buys 1,045 More Bitcoin Worth $110M Amid Price Surge
Strategy has added another $110.2 million in Bitcoin to its balance sheet as the asset hovers near its record price. In a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, the company disclosed the purchase of 1,045 BTC at an average cost of $105,426 per coin. This latest move brings Strategy’s […]
USDT Prices Appear in Bolivian Airport Shops Amid Economic Struggles
Tether’s USDT stablecoin is beginning to surface in unexpected places — most recently, on price tags at a shop inside a Bolivian airport, highlighting its growing role in the country’s informal economy. Tether CEO Paolo Ardoino took to X on Saturday to share photos from a Duty Fly store in Bolivia, where various products, such […]
Kaia Commits to Won-Backed Stablecoin as South Korean Payment Stocks Surge
Layer-1 blockchain platform Kaia has announced plans to introduce a stablecoin tied to the South Korean won, following the swearing-in of President Lee Jae-myung on Wednesday. Lee, a progressive leader, stood out during the election campaign with strong pro-crypto policies. Issuing a stablecoin backed by the won was one of the central pillars of Lee’s […]