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- Tether Launches USAT; Fidelity Announces FIDD
Tether Launches USAT; Fidelity Announces FIDD

💰 Regulated Stablecoins Enter Market
Tether Introduces USAT: Tether has launched USAT (USA₮), a federally regulated dollar-backed stablecoin issued by Anchorage Digital Bank, N.A. as the first federally regulated stablecoin issuer under the Office of the Comptroller of the Currency. The stablecoin operates within the GENIUS Act framework, remains backed 1:1 by USD, and uses Cantor Fitzgerald as the designated reserve custodian. It offers on-chain transparency along with bank-grade compliance aimed at institutional users. Paolo Ardoino, CEO of Tether, stated: “USAT offers institutions an additional option: a dollar-backed token made in America.” Bo Hines, CEO of Tether USAT, said: “Our focus is stability, transparency, and responsible governance, ensuring that the United States continues to lead in dollar innovation.” USAT is currently available on Bybit, Crypto.com, Kraken, OKX, and Moonpay. Read More.
Fidelity Launches FIDD: In a separate development, Fidelity Investments has introduced the Fidelity Digital Dollar (FIDD), a dollar-backed stablecoin issued by Fidelity Digital Assets, National Association, running on the Ethereum mainnet. The stablecoin will be offered to both retail and institutional investors through Fidelity platforms, where it can be redeemed 1:1 for USD. Reserves include cash, cash equivalents, and short-term U.S. Treasuries, with daily public disclosure of circulating supply and reserve net asset value provided on Fidelity’s website. Mike O’Reilly, President of Fidelity Digital Assets, stated: “The recent passage of the GENIUS Act was a significant milestone for the industry in providing clear regulatory guardrails for payment stablecoins.” Read More.
️ On today's Top Picks:
- 🔮 Coinbase launches prediction markets via Kalshi.
- 🐰 MegaETH to launch public mainnet on Feb 9th.
- 🪂 USDai to launch CHIP airdrop in Q1 2026.
- 📈 Gold & Silver reach new ATHs (again & again & again...).
Read time: ⏰ 8 minutes
Crypto News
• ⭐️ Tether launches $USAT, a GENIUS-compliant stablecoin for the US market; issued by Anchorage Digital Bank; Cantor Fitzgerald serves as reserve custodian & preferred primary dealer.
• ⭐️ Fidelity to launch Fidelity Digital Dollar $FIDD, a GENIUS-compliant stablecoin in the coming weeks on Ethereum & Fidelity Platforms; to be issued by Fidelity Digital Assets.
• Tether to allocate 10% to 15% of investment portfolio to Gold $XAU; buying ~2 tons of Gold (~$2B) a week; currently holds ~140 tons of Gold (~$24B).
• US White House to meet with crypto and banking executives on February 2nd to discuss stalled crypto market structure bill; Senate Ag Committee is scheduled to markup the bill on January 29th.
• Fairshake, a pro-crypto super PAC; says it has more than $193M on hand heading into the 2026 US midterms; includes contributions from Coinbase ($25M), Ripple ($25M), & a16z (~$24M).
• American Bitcoin $ABTC buys an additional 416 Bitcoin $BTC (~$37M) for its Strategic Bitcoin Reserve; now holds 5,843 BTC (~$524M).
• Steak 'n Shake $BH buys an additional $5M of Bitcoin $BTC for its Strategic Bitcoin Reserve; also recently bought $10M of BTC on January 16th.
• Ripple $XRP launches Ripple Treasury, a corporate treasury platform powered by GTreasury; Ripple acquired GTreasury for $1B in October 2025.
• WisdomTree $WT launches tokenized funds on Solana $SOL; also available on Ethereum, Arbitrum, Base, Optimism, Avalanche, Stellar, & Plume.
• Morgan Stanley $MS hires Amy Oldenburg as Head of Digital-Asset Strategy; previously Head of Emerging Markets Equity at Morgan Stanley; MS recently filed for Bitcoin, Ethereum, & Solana ETFs.
• Laser Digital applies for a US national trust bank charter with the US OCC; Circle, Ripple, BitGo, Fidelity Digital Assets, & Paxos recently received conditional approval.
• DefiLlama acquires Bulletin, an OTC data provider, for an undisclosed amount; to allow DefiLlama to provide more granular data on the valuation of private crypto companies.
Alpha
• ⭐️ Coinbase $COIN launches prediction markets powered by Kalshi; available in all 50 US states; notably, Coinbase acquired The Clearing Company, a prediction markets company, in December 2025.
• Uniswap $UNI to launch Continuous Clearing Auctions (CCAs) directly on the Uniswap website starting on February 2nd; Rainbow $RNBW is scheduled to launch its Uniswap CCA on February 2nd.
• ⭐️ MegaETH $MEGA to launch public mainnet on February 9th; recently launched global stress test on mainnet is ongoing.
• Abstract $ABS launches new Flash Badge, 'The Ultra Badge,' on the Portal; users who buy a treasure box on Bythen Treasure are eligible.
• Citrea, "the Bitcoin's application layer," launches mainnet; previously raised $14M in Series A funding led by Founders Fund.
• Nado $INK distributes 80,000 points to users who submitted feedback, bugs, and/or issues via tickets during Private Alpha; to launch Open Beta Season 1 soon.
• Infinex $INX launch TGE on January 30th; to take snapshot of Patrons NFT holders on January 30th at 07:00 UTC; 1 Patron is equal to 100K INX.
• MetaMask $MASK delays MetaMask Rewards claim citing "to ensure the distribution of LINEA is as accurate and fair as possible"; to announce claim date "in the coming days."
• ICYMI OpenEden $EDEN launches PRISM pre-deposit campaign; users will earn 4.7M EDEN tokens over the ~30 day campaign; full launch expected in February.
Airdrops
• Moonbirds $BIRB to launch airdrop claim soon; Moonbirds NFT & SBT holders will be eligible; BIRB is already live.
• ⭐️ USDai $CHIP to launch airdrop in Q1 2026; Allo (points) Airdrop Aligned holders will be eligible; to announce ICO details soon.
• ICYMI Mezo $MEZO launches airdrop allocation checker; Mezo Mats (points) holders & Mezo Bitcoin borrowers were eligible to register; to potentially launch airdrop claim in ~February.
• ICYMI Rainbow $RNBW completes snapshot of points holders; points holders will be eligible for upcoming airdrop; to launch airdrop on February 5th.
• ICYMI Sentient $SENT launches airdrop claim; Sentient Chat users, open-source AI researchers, & more were eligible to register in November.
• ICYMI Seeker $SKR (Solana Mobile) launches airdrop claim; Seeker users & developers are eligible; closes in ~90 days.
• ICYMI ETHGas $GWEI launches airdrop claim; Beans (points) holders who also shared their Gas ID on X or quote-tweeted ETHGas’ Open Gas Initiative announcement are eligible.
Finance News
• Upcoming Events: Mastercard $MA, Apple $AAPL, Visa $V earnings on January 28th; December PPI Inflation data on January 30th.
• US Federal Reserve leaves interest rates unchanged at 3.50 to 3.75%; first time since July 2025; Polymarket projects a ~92% chance the Fed leaves rates unchanged again in March.
• US Dollar Index falls to lowest level since 2022; notably US President Trump says the US dollar is "doing great" adding he is not concerned with its decline.
• ⭐️ Gold $XAU & Silver $XAG reach new all-time highs (again & again & again...); Gold is up ~25% YTD & Silver is up ~60% YTD.
• Nvidia $NVDA & Apple $AAPL reportedly consider Intel $INTC for 2028 chip production due to geopolitical concerns, political pressure, potential tariffs, & capacity constraints.
• ASML $ASML reports Q4 2025 earnings; reports $11.7B in revenue (+21% YoY), beating expectations; reports adjusted EPS of $8.81 (+23% YoY), missing expectations; to reportedly reduce headcount by 1,700 positions.
• Microsoft $MSFT reports FY26 Q2 earnings; reports $81.3B in revenue (+17% YoY) & adjusted EPS of $4.14 (+28% YoY), beating expectations.
• OpenAI reportedly developing 'biometric' social network; to potentially use World's $WLD eyeball scanning orb or Apple's Face ID to ensure users are people, not bots.
• SoftBank $9984.T reportedly in talks to invest an additional $30B in OpenAI; already previously invested ~$41B, giving it an ~11% stake in OpenAI.
• Tesla $TSLA reports Q4 2025 earnings; reports $24.9B in revenue (-3% YoY) & adjusted EPS of $0.50 (-32% YoY), beating expectations; still holds ~$1B worth of Bitcoin $BTC.
• Anthropic reportedly raising $20B at $350B valuation; double its initial target due to investor demand; leading investors include Coatue & GIC.
• Revolut launches full banking operations in Mexico; also recently applied for a banking license with the US OCC, after abandoning plans to buy a US lender.
• Amazon $AMZN lays off 16,000 (~10%) corporate employees citing cuts were necessary to "reduce layers, increase ownership, and remove bureaucracy"; similarly laid off 14,000 employees in October 2025.
• ICYMI US Senate to potentially oppose spending bill citing ICE funding; Polymarket projects a ~70% chance there will be another US government shutdown by January 31st.
Security and Exploits
• Coinbase $COIN & Crypto ISAC expand partnership "to continuously share high‑confidence threat intelligence, helping defenders respond faster to sophisticated attacks."
• Jingliang Su sentenced to nearly 4 years in prison for his role in $37M crypto laundering scam; also ordered to pay over $26M in restitution.
• X Player exploited for ~$717K due to flash loan attack; CertiK notes that the attacker shows similarities to the PGNLZ exploiter.
• WhatsApp launches 'Strict Account Settings' to protect users against cyber attacks; blocks media & attachments from unknown senders, silences unknown calls, and restricts other settings.
• Microsoft releases emergency security update for Office products; patches a high-severity vulnerability that is currently being exploited in the wild.
Token Unlocks
• Sign $SIGN / ~$11M / JAN 28th
• Jupiter $JUP / ~$10M / JAN 28th
• Zora $ZORA / ~$5M / JAN 30th
• Kamino $KMNO / ~$9M / JAN 30th
• Optimism $OP / ~$9M / JAN 31st
• Sui $SUI / ~$61M / FEB 01st
• EigenCloud $EIGEN / ~$12M / FEB 01st
Sourced from Tokenomist
Funding
• Mesh raises $75M at $1B valuation in Series C funding led by Dragonfly.
• Startale raises $13M in Extended Series A funding from Sony Innovation Fund.
• Doppler raises $9M in Seed funding led by Pantera Capital.
• Tenbin raises $7.1M in Seed funding led by Galaxy.
• Bleap raises $6M in Seed funding led by Blossom Capital.
• Sentient $SENT raises an undisclosed amount in Strategic funding from Franklin Templeton.
• Humanity Protocol $H raises an undisclosed amount in Strategic funding from Hex Trust.
The Degen Farmer
Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!
| PROTOCOL | ASSETS | APY |
|---|---|---|
| YVVBUSDC | 54.90% | |
| EUROCUSDC | 51.25% | |
| USDTUSDC | 36.50% | |
| USDC | 32.27% | |
| SUSDEUSDC | 22.13% | |
| HALALUSDT | 18.50% | |
| IUSD | 18.42% | |
| WFRAXFRXUSD | 16.92% |
🌿 OpenEden: Tokenized Real-World Assets | ![]() |
🌿 What is OpenEden: OpenEden is a real-world asset (RWA) tokenization platform focused on bringing regulated yield products on-chain. Its core offerings include TBILL, tokenized U.S. Treasury Bills, and USDO, a regulated yield-bearing stablecoin. OpenEden provides the infrastructure for issuing and managing compliant on-chain products, with over $200M in total value locked and partners including BNY as custodian, alongside backing from firms such as YZi Labs and Ripple.
🧩 New: Introducing PRISM: OpenEden recently announced the upcoming launch of PRISM, a tokenized multi-strategy yield portfolio developed with FalconX and Monarq Asset Management. PRISM is designed to target stable, risk-adjusted returns with low correlation to crypto prices, allocating capital across strategies such as cash-and-carry arbitrage, secured institutional lending, established on-chain yield venues, and regulated tokenized real-world assets, including U.S. Treasury–backed products. A limited pre-deposit campaign is currently open, with the full launch expected in February.
🔓 PRISM Pre-Deposit Vault
- Total rewards of 4,700,000 $EDEN tokens
- $50M deposit cap
- Accepts USDO, USDC, and USDT
- 30-day pre-deposit campaign
Rewards accrue at a fixed daily rate throughout the campaign. Deposits made earlier in the campaign may receive a proportionally larger share of incentives as the vault approaches its maximum capacity.
That’s it for today’s edition! See you soon.


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