Biden preparing to block Nippon's US Steel takeover

Can USDT Hold Its Lead as Regulated Bank Stablecoins Arrive?

New Delhi [India], May 26: USDT has occupied a niche in crypto over the years. It has been both a stablecoin and more than a trading tool. In practice, it has served as a digital dollar alternative for millions of users, facilitating transfers across exchanges, geographies, and asset classes. Its supremacy has been due to its liquidity, acquaintance and sheer reason it was used before the majority of its competitors existed. But its market is evolving. Stablecoins are no longer a crypto-native product. They are entering into a more extensive financial infrastructure discourse and that implies that banks are beginning to creep towards the category.

May 26, 2026