Welcome to the US Crypto News Morning Briefing — your essential rundown of the most important developments shaping crypto, digital finance, and markets today.

Grab a cup of coffee ☕ as Tether, the issuer behind the world’s largest stablecoin USDT, makes a bold move that could fundamentally change how we protect our digital lives.

This new approach promises to put control back in the hands of users, bypass the cloud entirely, and make traditional password-based security models look increasingly outdated.

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Crypto News of the Day:

Tether Just Unleashed a Secret Weapon Against Cloud Vulnerabilities

Tether has officially entered the cybersecurity arena with the launch of PearPass, a first-of-its-kind peer-to-peer password manager designed to eliminate reliance on centralized cloud storage.

Unlike traditional password managers, PearPass:

Stores all credentials locally on user devices

Removes centralized servers and third-party intermediaries

Gives users full ownership and control over their digital security

Uses encrypted peer-to-peer synchronization only between trusted devices

The launch comes at a critical time, as billions of login credentials have been exposed in high-profile data breaches over recent years — leading to identity theft, financial losses, and widespread cybercrime.

Cloud-based password managers, while convenient, have become prime targets for hackers due to their centralized data storage models. A single breach can compromise millions of users at once.

Why PearPass Is Different

PearPass tackles these weaknesses head-on by:

Keeping all sensitive data off the cloud

Enabling encrypted device-to-device syncing without servers

Eliminating single points of failure

Allowing recovery and access only through user-controlled private keys

According to Tether CEO Paolo Ardoino:

> “Every major breach proves the same point: if your secrets live in the cloud, they’re not really yours.

PearPass removes the single point of failure. No servers. No middlemen. No backdoors. Recovery and syncing happen peer-to-peer, under your control.

This is security that can’t be shut down, seized, or compromised — because it was never in someone else’s hands to begin with.

Security Meets Usability

PearPass aims to balance strong security with ease of use, offering:

A built-in password generator

End-to-end encryption powered by open-source cryptography

A decentralized, peer-to-peer architecture

Full user-controlled recovery via private keys

Crucially, PearPass is 100% open-source, allowing security researchers and the community to inspect, verify, and contribute to the codebase.

The platform has also reportedly undergone an independent security audit by Secfault Security, a firm specializing in offensive security and cryptographic analysis — strengthening confidence in its real-world resilience.

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A Broader Strategy From Tether

PearPass reflects Tether’s broader push toward decentralized, censorship-resistant technologies. As governments, corporations, and intermediaries increasingly seek access to personal data, PearPass presents an alternative model — one that prioritizes privacy, independence, and user sovereignty, even in high-risk environments.

The Trade-Offs and Open Questions

Despite its promise, PearPass isn’t without challenges:

Peer-to-peer systems may be less convenient for users who frequently switch devices

Recovery relies entirely on users managing their own private keys — risky for non-technical users

Some experts question whether mainstream consumers are ready for fully decentralized password managers

Cloud-based solutions remain more tightly integrated into browsers and mobile ecosystems

Strong device-level security is still essential

PearPass can’t protect against malware, local hacks, or physical device theft

Peer-to-peer syncing introduces potential latency, sync issues, or new attack vectors if misconfigured

While open-source audits and third-party reviews add credibility, no system is completely risk-free. Early peer-to-peer solutions often reveal unknown vulnerabilities only after large-scale real-world use.

Alpha Byte: What Else to Watch Today

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Solana begins quantum-resistant upgrades as blockchain security accelerates

Cantor Fitzgerald’s $200B Hyperliquid call reshapes the HYPE trade

Six weeks of ETF inflows fail to lift XRP — on-chain data explains why

Top 3 price outlook: Bitcoin, gold, silver — are metals signaling stress?

Binance offers a $5M bounty to expose fake listing agents

How the UK could make stablecoins core to payments by 2026

Ethereum falls below $3,000 amid weakening holder conviction

Crypto Stock Market Overview (Pre-Market)

As of December 16 close:

Strategy (MSTR): $167.50 → $167.40 (-0.06%)

Coinbase (COIN): $252.61 → $254.00 (+0.51%)

Galaxy Digital (GLXY): $24.31 → $24.51 (+0.82%)

MARA Holdings (MARA): $10.69 → $10.75 (+0.56%)

Riot Platforms (RIOT): $13.47 → $13.65 (+1.34%)

Core Scientific (CORZ): $14.73 → $15.11 (+2.58%)

Crypto-linked equities are set for a competitive open, according to Google Finance.

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