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first_img Breez SDK launched stablecoin payment functionality, supporting over 30 networks

According to Bitcoin Magazine, Bitcoin software provider Breez announced that applications built on its Breez SDK now support users receiving stablecoin payments from over 30 networks using their Bitcoin balance.Breez stated that after the recipient selects the network and amount of the payer, the SDK generates a deposit address and displays the amount received, while the payer pays from their wallet as usual; Flashnet completes the exchange in the background, and the funds ultimately enter the recipient's non-custodial wallet in the form of Bitcoin, or in the form of USD if the stable balance feature is used.In June of this year, Breez launched the ability to send USDT/USDC, allowing a single Breez-powered balance to transfer stablecoins bi-directionally across almost all networks. This update is the latest in a series of usability upgrades, following the rollout of features such as Passkey login, Cash App instant account opening, and stable balance. Breez also launched a reference application called Glow in August to showcase the capabilities of the SDK.The Breez SDK is a developer toolkit that allows applications to add Bitcoin payments without having to build their own payment infrastructure, covering wallet creation, sending and receiving, and Lightning Network payments. Developers can provide Bitcoin functionality with minimal code, without needing to run nodes or manage liquidity.In July of this year, Breez announced a partnership with Turnkey, allowing developers to add non-custodial Bitcoin support to wallet applications running on their own servers.

first_img Tether assists in freezing nearly 550 million USD related to Iran USDT

The issuer of the stablecoin USDT, Tether, stated on September 28 that actions involving USDT in 2026 have frozen approximately $550 million, with the related wallets identified by U.S. authorities as being associated with the Central Bank of Iran and the Iranian sanctions network. Tether claimed that its cooperation with U.S. and international authorities has supported over 2,900 investigations globally, with more than 1,600 involving U.S. law enforcement agencies.According to Tether, in April 2026, it assisted in freezing over $344 million USDT across two addresses based on information provided by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies. The next day, OFAC listed these addresses as digital currency identifiers of the Central Bank of Iran, with the sanctions entry associated with the Quds Force of the Islamic Revolutionary Guard Corps and Hezbollah. In July 2026, the Treasury expanded the designated scope to four additional TRON addresses, with over $130 million USDT frozen across the four wallets.Tether CEO Paolo Ardoino stated that USDT is not a safe haven for sanctioned actors, terrorist organizations, or criminal networks, and that public blockchains allow authorities to see the flow of funds, enabling Tether to take action when law enforcement provides credible information. Tether also mentioned that it collaborates with over 340 law enforcement agencies in 67 countries, and its wallet freezing policy has been aligned with the OFAC Specially Designated Nationals list.
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