Tether Mints 1B USDT on Tron Network as Stablecoin Transaction Volume Hits Record High

Tether’s stablecoin just keeps getting more and more popular. Eight hours ago, the company–in a move that has further consolidated Tether’s clear lead in the stablecoin market–minted an additional 1 billion USDT, this time on the Tron Network. This USDT minting further caters to stablecoin demand, and seems to recognize the Tron Network’s rapid emergence … Read more

TRON Portal Username Held for Ransom as Tether Mints Another $1 Billion USDT on Tron

Here’s a dramatic twist after the official launch of the TRON Portal: An opportunist seized the moment and secured the @tronportal username on X (formerly Twitter). Now, they’re trying to extort $10,000 in TRX from TRON’s founder, Justin Sun (@justinsuntron), to hand over the username that obviously belongs to the TRON project. This unforeseen action arrives … Read more

Tron-Established DSA Backs Trump’s Crypto Ball As World Liberty Financial Eyes TRX Treasury Integration

On Jan. 17, the Digital Sovereignty Alliance, a nonprofit established by Tron DAO, formally announced its sponsorship of President-elect Donald Trump’s Crypto Ball. In parallel, a source with knowledge of the situation informed Bitcoin.com News that World Liberty Financial, the decentralized finance (defi) arm of the Trump family, is set to integrate TRX into its … Read more

Stablecoin Issuance Surges by $1.16B on Ethereum and Tron in a Week

Recent data from blockchain analytics platform Lookonchain highlights a remarkable $1.16 billion increase in stablecoin issuance on the Ethereum and Tron blockchains over the past seven days. This surge reaffirms the dominant roles these networks play in the stablecoin market. Tron and Ethereum Lead the Growth  According to the snapshot shared on January 13, Tron … Read more

Tron’s Daily Revenue Rockets 119% in 2024, Redefining ‘Blockchain Economic Models’

In 2024, Tron cemented its status as a formidable force within the cryptocurrency ecosystem, achieving a 119% uptick in daily onchain revenue since Jan. 1. This growth, attributed to increased gas fees and transaction activity, is supported by data from Cryptoquant and insights from community member Crazzyblockk. Cryptoquant, Intotheblock and Defillama Insights Highlight Tron Growth … Read more

TRON: A Leading Hub for USDT and DeFi Activity  

The TRON network has solidified its position as a cornerstone of the stablecoin ecosystem, particularly for USDT transactions. With over 50 million unique addresses and a staggering $550 billion in monthly volume, TRON is at the forefront of blockchain innovation. USDT on TRON: A Game-Changer Since 2019 TRON’s dominance in stablecoin activity can be traced … Read more