Daily Brief: August 30, 2025
Blockchain Boosts, USDT on Bitcoin, CFTC's New Path
The US Department of Commerce is teaming up with Chainlink and Pyth Network to put key economic data on blockchain networks, aiming to boost transparency and drive blockchain adoption. Tether is launching USDT on Bitcoin using the RGB protocol, enhancing Bitcoin's role as a financial platform by enabling private, scalable stablecoin payments. Meanwhile, the CFTC is allowing foreign crypto exchanges to offer services to U.S. traders by registering as Foreign Boards of Trade, creating legal market access and potentially increasing market liquidity.
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