Data: 1250 XAUt transferred from Tether to Abraxas Capital Mgmt, worth approximately $6.58 million

Delphi Digital: Sufficient collateral backing for stablecoins does not mean immunity from bank runs; the risk has shifted to the issuer level

Delphi Digital analysis points out that although Tether and Circle's stablecoins are backed by short-term Treasury bills and cash equivalents, they are not completely safe and still face bank run risks. The USDC depegging event in early 2023 demonstrated that stablecoin risks have shifted to issuers, highlighting the dangers posed by their centralization.

Boris Johnson criticizes Bitcoin as a Ponzi scheme, with crypto industry leaders collectively refuting the claim

Former British Prime Minister Boris Johnson characterized Bitcoin as a "Ponzi scheme" and warned investors, particularly elderly individuals, to exercise caution using personal examples. Industry figures such as Michael Saylor quickly refuted the claim, pointing out that Bitcoin lacks a centralized operator, which is a key characteristic of Ponzi schemes. These remarks sparked widespread discussion and reignited controversy over the definition of Bitcoin.

Tether Announces Major AI Breakthrough, QVAC Serverless Intelligence May Usher in Open Source Era

Tether CEO Paolo Ardoino announced that a major breakthrough from the AI division will be released this week, marking progress in decentralized intelligent infrastructure. The QVAC platform aims to enable AI models to run locally on consumer-grade devices with efficient inference and task automation capabilities. Supported by Tether's financial resources, QVAC continues to iterate and involves multiple cutting-edge technologies, though its future breakthroughs still require observation of actual results.

Tether CEO Paolo Ardoino Teases 'True Breakthrough' in Decentralized AI

Tether CEO Paolo Ardoino announced on March 15, 2026, that the company's AI division will release what he described as a "true breakthrough" in the coming week, marking the next phase of the stablecoin issuer's decentralized intelligence strategy.

Gate Daily Report (March 16): "Super Central Bank Week" Interest Rate Decisions Incoming; US Reveals Iran Conflict Resolution Timeline

Bitcoin (BTC) staged a strong rebound over the weekend, trading around $72,490 as of March 16. A "Super Central Bank Week" is upon us, with the shadow of Iran conflict looming over global interest rate decisions. U.S. Energy Secretary Lyte stated that the Iran conflict will end "in the coming weeks," after which oil supply will rebound and energy prices will decline. The International Energy Agency revealed that emergency reserve oil will soon begin flowing into the global market.

Tether hints at a new "AI breakthrough," advancing the decentralized intelligence strategy

Tether's CEO announced a significant AI breakthrough coming soon, following the release of QVAC Workbench 0.4.1. This platform enables on-device AI operation without cloud servers, supported by Tether's substantial profits primarily from U.S. Treasury bonds.