The post Tether Q1 2026 Profit Hits $1.04B, Treasury Holdings Surge appeared first on Coinpedia Fintech News

Tether reported record excess reserves of $8.23 billion in Q1 2026, according to its latest attestation prepared by BDO. The company generated $1.04 billion in net profit despite volatile market conditions, while total USDT-related liabilities stood at $183 billion. Tether also held around $141 billion in direct and indirect U.S. Treasury exposure, making it the 17th largest holder globally. The report highlights strong reserve backing, supporting confidence in USDT’s stability and liquidity.

The post Brazil Central Bank Bans Crypto for Cross-Border Transfers Under New eFX Rules appeared first on Coinpedia Fintech News

Brazil’s central bank has issued Resolution BCB No. 561, updating rules for international payment services (eFX) and officially banning crypto assets for cross-border transfers. All international payments must now be processed through foreign exchange operations or regulated accounts. This matters because it increases regulatory control and limits the use of crypto in global transactions, impacting businesses and users relying on digital assets. The new rules, including stricter KYC, reporting, and compliance requirements, will take effect on October 1, 2026.

The post Tether Faces Fresh Scrutiny in U.S. Conflict of Interest Probe appeared first on Coinpedia Fintech News

Two Democratic senators, Elizabeth Warren and Ron Wyden, have launched an inquiry into Commerce Secretary Howard Lutnick over alleged financial ties between Tether and a trust linked to his children. Lawmakers are seeking loan documents to examine possible conflicts of interest and whether policy decisions could be influenced. The probe matters because it could affect stablecoin regulation and market trust. Further disclosures may shape future U.S. oversight of Tether and crypto policy.

The post Bitcoin Jumps 12% in April, Marks Best Monthly Gain of 2026 appeared first on Coinpedia Fintech News

Bitcoin posted its strongest monthly gain of 2026 in April, rising 12% after rebounding sharply from lows near $60,000. Despite being down 25% year-to-date, the recovery signals renewed investor confidence as traders watch key technical patterns like the bullish “morning star.” Analysts remain divided, with some expecting a push toward $80,000, while others warn of a drop to $40,000–$45,000. Bitcoin now trades near $76,400, with $73,500 support and $78,000 resistance likely deciding its next major move.

The post Tether Invests $14M in Crypto Payments App Belo appeared first on Coinpedia Fintech News

Tether led a $14 million funding round for Belo, a payments platform using crypto rails and stablecoins for faster, cheaper transactions. Belo helps users protect savings from inflation and weak local currencies, a major issue across Latin America. The funding is important as stablecoin adoption continues rising in the region. Next, Belo plans to expand stablecoin payment services across Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, targeting more users and merchants.