);)
Tether's issuing company has achieved a profit of $5.7 billion in 2025. According to the performance report released by Tether on the 31st, Tether recorded approximately $4.9 billion in profit in the second quarter of 2025 alone. This is an increase of about 277% compared to the same period last year. Tether's performance is interpreted as a result of the passage of the US Stablecoin regulation 'GENIUS Act'.
2. US SEC Announces Cryptocurrency Regulation Initiative Containing Presidential Recommendations
The US Securities and Exchange Commission (SEC) announced the cryptocurrency regulation initiative 'Project Crypto' on the 31st. SEC Chairman Paul Atkins explained that in response to recent presidential task force recommendations, he is announcing an initiative with specific regulatory guidelines for cryptocurrency market regulation. Project Crypto includes provisions supporting cryptocurrency companies' activities, including introducing a licensing system for the cryptocurrency market and Initial Coin Offerings (ICO).
3. Deutsche Bank-Supported Euro-Linked Stablecoin Launched
The euro-linked stablecoin 'EURAU' was launched on the 31st. 'All Unity', a company established by Deutsche Bank subsidiary DWS, Flow Traders, and Galaxy Digital, announced the launch of a stablecoin compliant with the European Union's integrated cryptocurrency regulation 'MICA'. EURAU is set to be issued on the Ethereum network (ERC-20) and plans to expand to additional networks this year.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
