Tether launches tether.wallet, a self-custodial app supporting USDT, XAUT, USAT and Bitcoin with cloud-based key backup features. Tether, the company behind the world’s largest stablecoin, USDt (USDT), has launched a self-custodial wallet called tether.wallet. Tether.wallet supports three Tether-issued assets: USDT, XAUt (XAUT) and the US-focused USAT (USAT), as well as Bitcoin (BTC), the company announced Tuesday. Tether said the wallet allows users to transact without requiring them to hold separate network or gas tokens, with fees paid directly in the asset being transferred. Read more
X product chief Nikita Bier teases a crypto “fix” product as speculation grows around an X Money rollout this month, a potential Bitcoin revival and Bier’s Solana ties. X’s head of product Nikita Bier hinted on Tuesday that the platform could launch a crypto-related product, prompting speculation across the industry. The post drew attention because it came just weeks before the expected launch of X Money, a payments and digital wallet product that Elon Musk has presented as part of his plan to expand X into a broader financial platform. The post quickly drew responses across the crypto industry, prompting immediate speculation around X’s potential Bitcoin (BTC) revival, Solana-related initiatives, stablecoins as well as prediction markets. Read more
XRPL is integrating Boundless’ zero-knowledge tech into its base layer, stepping into the race to offer banks confidential onchain transactions without losing regulatory visibility. The XRP Ledger (XRPL) used by blockchain payments company Ripple has tapped Boundless, a zero-knowledge infrastructure provider, to let banks and asset managers execute confidential yet compliant transactions directly on the network, according to a Tuesday release shared with Cointelegraph. Boundless chief executive Shiv Shankar told Cointelegraph the design aims to shield details like transaction size, frequency and counterparties from public view, while still allowing regulators to audit activity via selective disclosure and role-based access controls. Boundless’ integration is meant to enable a range of institutional use cases that have historically been challenging to run on fully transparent ledgers. Those include cross-border business-to-business payments, treasury and capital management, over-the-counter positions, tokenize...