Iceberg11

BinDaily

Tether Expands Its Stablecoin Ambitions: From Audited Digital Gold to Georgia’s National Currency #Tether

The global stablecoin industry is entering a new phase, and Tether is positioning itself at the center of that transformation.

According to Tether, KPMG physically counted and inspected every individual gold bar backing XAU₮, verifying its existence and identifying information.

As of December 31, 2025, the audited figures showed:

1. Physical gold reserves: 520,089.350 fine troy ounces.
2. XAU₮ tokens in circulation: 520,089.300.
3. Total gold value: Approximately $2.246 billion.
4. Reserve ratio: Approximately 1:1.
5. Gold storage: Secure vaults in Switzerland.

BinDaily

Tether, the issuer of the world's largest stablecoin USDT, announced plans to launch GEL₮ — a stablecoin pegged 1:1 to the Georgian Lari (GEL)

https://tether.io/news/tether-and-the-government-of-georgia-to-launch-gelt-the-official-stablecoin-of-georgia/?utm_source=chatgpt.com

Why Georgia?

Georgia is positioning itself as a regional destination for digital asset businesses. Its regulatory framework for stablecoins introduces requirements for reserve backing, redemption rights, transparency and issuer supervision.

The biggest questions are still ahead:
1. Which blockchain network will support GEL₮?
2. How will issuance and redemption work?
3. Will international exchanges list GEL₮?
4. Can it become a practical payment instrument beyond Georgia?
5. Could it open new opportunities for regional and international businesses?

$USDT #Tether

BinDaily

🇬🇪 GEORGIA IS BRINGING THE LARI TO THE BLOCKCHAIN: TETHER PLANS GEL₮ STABLECOIN LAUNCH

A national currency enters the digital asset era. Could Georgia become the next emerging hub for blockchain-based finance?

Georgia is taking another step toward the global digital economy.

On May 25, 2026, Tether, the issuer of the world's largest stablecoin USDT, announced plans to launch GEL₮ — a stablecoin pegged 1:1 to the Georgian Lari (GEL), with support from the Georgian government.

This initiative aims to bring Georgia's national currency directly onto blockchain infrastructure, connecting the traditional financial system with the rapidly expanding digital asset ecosystem.

BinDaily - NVIDIA IN CRISIS — OPPORTUNITY OR WARNING?

NVIDIA has been hit by one of the biggest corporate scandals of 2026.

📉 WHAT HAPPENED?
CEO Jensen Huang has stepped down.Reports involving alleged Chinese espionage triggered an investigation.NVIDIA shares dropped approximately 7.6% on Thursday.Hundreds of billions of dollars in market value have disappeared.

BUT HERE'S THE BIG QUESTION:

1. Could this sell-off create a long-term opportunity for investors?
2. Could NVIDIA recover from this crisis?
3. Could someone be benefiting from the falling share price?

🤔 Consider this scenario:
1. Negative headlines create panic among investors.
2. Retail investors rush to sell their shares.
3. The stock price falls sharply.Large institutional investors may get an opportunity to accumulate shares at lower prices.

💰 Could this be a strategic buying opportunity for major investors?

BinDaily — Crypto Market News

Evernorth may buy another $655 million of XRP

Ripple buying Circle for $11 billion?

However:
1. No confirmed acquisition agreement was found.
2. Neither company confirmed the rumored deal.
3. The story was linked to social-media speculation.
4. Ripple CEO Brad Garlinghouse said the company could consider additional acquisitions in the second half of 2026.

BinDaily — Crypto Market News

Evernorth may buy another $655 million of XRP

1. Evernorth is an XRP treasury company.
2. It reportedly holds approximately 473 million XRP.
3. The alleged additional purchase has not been confirmed.
4. The rumor attracted attention from XRP traders.

Potential market impact: A confirmed purchase of that size could increase institutional demand, although the actual effect would depend on execution and market liquidity.

BinDaily - Deutsche Bank Enters Crypto Custody

Deutsche Bank is moving into the digital asset custody business after years of development.

Why it matters:
1. Traditional banks are expanding crypto infrastructure.
2. Institutional investors need secure digital asset custody.
3. Banking infrastructure could make institutional crypto adoption easier.

BinDaily

According to reported Glassnode data, stablecoin supply contracted by approximately $14.2 billion over 30 days.

This could indicate reduced liquidity available to enter the cryptocurrency market.

Important: A decline in stablecoin supply does not automatically mean investors are selling all their crypto holdings.

BinDaily

Crypto ETFs See Massive Capital Outflows

US spot Bitcoin ETFs experienced five consecutive trading days of net outflows.

Between November 5 and November 11, Bitcoin ETFs recorded approximately $1.44 billion in withdrawals.

Ethereum ETFs also experienced significant withdrawals.

BinDaily

New AI benchmark, no price bump

TAO (Bittensor) was tagged in this week's AI-token watchlist after Artificial Analysis revised its Intelligence Index on Oct 27. The report itself warned AI progress doesn't equal higher token prices — and the tape agrees.

TAO sits near 204 USDT: −1.8% today, −6% on the week, −26% over 30 days. RENDER, FET and VIRTUAL are in the same spot.
A benchmark revision is a research input, not a catalyst.