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Tuesday, October 13, 2026
BTC83,571+1.14%ETH2,517.85-0.38%SOL107.55-1.26%BNB744.19-0.15%XRP1.37-0.32%ADA0.2354-3.02%DOGE0.0844-0.70%AVAX10.34-3.44%LINK12.96-0.35%DOT1.17-5.87%MATIC0.12620.00%

#tether

2 stories
Tether-Backed Chilean Exchange Orionx Closes After Audit Finds $7m Custody Shortfall
CryptoSep 6, 2026

Tether-Backed Chilean Exchange Orionx Closes After Audit Finds $7m Custody Shortfall

Customer assets were moved to outside wallets, an audit found. Poland's crypto veto also stands, and US sheriffs have dropped their opposition to the CLARITY Act.

peatpost Desk
Stablecoins Are Now the Product. Everything Else Is Distribution.
OpinionMar 29, 2026

Stablecoins Are Now the Product. Everything Else Is Distribution.

Tether is the most profitable company per employee in modern financial history. Circle is a quiet infrastructure monopoly. The rest of crypto is, increasingly, a distribution channel for their balances.

Sofia Marchetti