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From Goldman and Citi’s $270 million “Project Faro” to SoFi, Anchorage, Mastercard, Visa and Circle, traditional finance is racing to claim the onchain dollar once dominated by Tether and Circle.
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Twenty One Capital reported $1.09 billion in Q3 net income, driven by Bitcoin gains, while posting a $4.8 million operating loss.
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The Digital Crime Task Force aims to proactively trace illicit USDT on Tron and freeze funds before they move—just weeks after the trio’s near-identical T3 unit, built with rival firm TRM Labs, quietly collapsed.
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KPMG counted every gold bar behind XAUT, making it Tether's second stablecoin to complete a full audit by a Big Four accounting firm.