# Сопутствующие статьи по теме Regulation

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Regulation", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Profits Fall by a Quarter: Why Tether Abandoned Its $20 Billion Financing Plan

In the face of a cooling crypto market and investor skepticism, Tether, the world's largest stablecoin issuer, has significantly scaled back its ambitious fundraising plans. Initially targeting $15-20 billion, which would have valued the company at $500 billion, the firm is now considering raising only about $5 billion. CEO Paolo Ardoino downplayed the original target, calling it a "misunderstanding" and a maximum cap, not a goal, while emphasizing that Tether is highly profitable and doesn't urgently need the capital. Despite the success of its USDT stablecoin, which has a market cap of approximately $185 billion, Tether faces persistent investor caution. Concerns revolve around its $500 billion valuation—comparable to major AI firms and SpaceX—ongoing regulatory scrutiny, and the lack of a full independent audit, relying instead on quarterly attestations. Ardoino defended the valuation, contrasting Tether's substantial profits with the losses of highly-valued AI companies. While new U.S. stablecoin legislation and competitor Circle's IPO have boosted momentum, regulatory risks and Tether's controversial history remain hurdles. The company's profits fell by about a quarter in 2025, attributed to declining Bitcoin prices, though it gained $8-10 billion from its gold holdings. Tether's massive scale has made it a major player in U.S. Treasuries and gold markets, positioning it as a critical bridge between traditional finance and the volatile crypto world.

marsbit02/05 09:03

Profits Fall by a Quarter: Why Tether Abandoned Its $20 Billion Financing Plan

marsbit02/05 09:03

Wintermute Ventures: By 2026, Crypto Gradually Becomes the Settlement Layer for the Internet Economy

Wintermute Ventures argues that by 2026, crypto will mature into the essential clearing and settlement layer for the internet economy, enabling value to flow as freely as information does today. The report identifies five key themes driving this transformation: 1. **Everything becomes tradable:** Prediction markets, tokenization, and derivatives are creating liquidity for previously illiquid assets and real-world outcomes, enabling new data products and replacing traditional financial infrastructure like insurance. 2. **Stablecoins as a trust layer:** The need for interoperability among the growing number of stablecoins will be met by new infrastructure that handles netting, conversion, and settlement across chains, akin to on-chain correspondent banking. 3. **Tokenomics return to fundamentals:** Markets will increasingly reward sustainable revenue and long-term value over short-term token incentives. Token launches will occur only after proven product-market fit, aligning with traditional cash-flow-based valuation models. 4. **DeFi and TradFi convergence:** The future lies in hybrid models where user-friendly fintech front-ends leverage the capital efficiency and yield of DeFi infrastructure in the background, abstracting away complexity for the end-user. 5. **Privacy as a regulatory catalyst:** Privacy technologies like zero-knowledge proofs will transition from a compliance burden to a regulatory enabler, allowing institutions to prove compliance without exposing sensitive data and unlocking new financial products. Underpinning these themes is regulatory clarity, which is shifting from a barrier to a standardized distribution channel, accelerating institutional adoption. This infrastructure maturation will see crypto fade into the background, quietly powering a new global, open financial system.

marsbit02/05 08:41

Wintermute Ventures: By 2026, Crypto Gradually Becomes the Settlement Layer for the Internet Economy

marsbit02/05 08:41

14 Years After Incubating Coinbase, YC Finally Decides to Issue Investment Funds in USDC

Y Combinator (YC), the renowned startup accelerator behind companies like Airbnb, Stripe, and Coinbase, announced on February 3 that, starting from the Spring 2026 batch, it will offer its startups the option to receive their $500,000 investment in USDC stablecoin. This marks the first time YC has officially introduced a stablecoin payment method for its investments. The decision follows the U.S. GENIUS Act passed in July 2025, which established a federal regulatory framework for stablecoins, requiring 1:1 reserve backing and granting holders redemption rights. This regulatory clarity has removed a major barrier to institutional adoption of cryptocurrencies. YC's move is significant because it signals a shift from being a crypto investor to an active participant using stablecoins in its core operations. Benefits include near-instant, low-cost transactions, especially beneficial for international startups in regions like India and Latin America, where traditional banking can be slow and expensive. YC specifically selected USDC due to its U.S.-based issuer, Circle, and regulatory compliance. The accelerator will support USDC on Ethereum, Base, and Solana blockchains. While crypto-native VCs have used stablecoins before, YC’s standardized integration into its process for all startups—not just crypto projects—represents a major step for mainstream venture capital. This shift reflects broader trends: 90% of financial institutions are integrating stablecoins, which saw $46 trillion in transaction volume in 2025. YC continues to seek founders in areas like stablecoin applications, tokenization, and on-chain ventures through its Fintech 3.0 initiative.

marsbit02/05 06:33

14 Years After Incubating Coinbase, YC Finally Decides to Issue Investment Funds in USDC

marsbit02/05 06:33

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