The Stable Scoop: Tether freezes $344M in USDT, Morgan Stanley ships GENIUS-ready reserve fund, and USDC reaches 190 countries
Highlights from last week๐
โ ๐ Morgan Stanley made reserve management institutional as Tether widened its lead.
โ โ๏ธ Tether froze $344M+ in USDT while stablecoin rules stayed in focus globally.
โ ๐ฅ DoorDash tested payouts, Nium and Coinbase took USDC payments to 190 countries, and MoneyGram grew USDC in LATAM.
โ ๐ก MoonPay launched fiat-to-stablecoin accounts, while Plasma and Ramp moved payroll onchain.
โ ๐ค Stablecoin infrastructure spread across merchants, banks, remittances, payroll, and non-USD products.
Check out the full breakdown here!