The Vault · 2026-04-16 19:52:40 · Protos
In a calculated move to challenge its rival's stronghold, stablecoin giant Tether has committed $127.5 million to bail out the hacked Solana exchange Drift Protocol. This intervention is not merely a rescue; it is a direct assault on Circle's USDC, which currently dominates the Solana ecosystem. The deal is contingent ...
The Vault · 2026-04-21 18:53:06 · Decrypt
In the wake of major crypto hacks and industry turmoil, Tether's USDT has surged to a record market capitalization, solidifying its dominance over rival stablecoins like Circle's USDC. This surge signals a clear market preference, with decentralized finance (DeFi) users and capital flows treating USDT as a primary refu...
The Vault · 2026-04-30 09:27:32 · Medianama
Major technology companies, including Amazon and Meta, are preparing to confront the National Payments Corporation of India over the entrenched dominance of PhonePe and Google Pay on the Unified Payments Interface—a market concentration problem that India's payments regulator has repeatedly failed to resolve since prop...