Report: Tether’s USDT Dominates Stablecoin Payment Market, Tron Most-Used Chain

Stablecoins have quietly exploded into a multi-billion-dollar payments juggernaut, with several businesses leading the charge – and Tether dominating the field. Artemis, Castle Island, Dragonfly Study: Stablecoin Monitoring Shows Several Unique Trends Stablecoin payments totaled $94.2 billion from January 2023 through February 2025, according to a new industry study. The research, conducted by analytics firm … Read more

Canary’s Staked Tron ETF Seeks SEC Approval via Cboe Filing

Cboe has filed to launch a U.S. spot exchange-traded fund (ETF) offering staking exposure to Tron’s native currency TRX, betting its decentralized design and $25 billion market can meet the U.S. Securities and Exchange Commission’s (SEC) evolving crypto standards. Canary’s New ETF Bid: Track TRX With Built-In Staking Rewards Cboe BZX Exchange has filed a … Read more

First Digital Claims Techteryx Requested $500M Transfer, Counters Justin Sun’s Accusations

Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million in … Read more

ZachXBT Exposes Lazarus Group’s Latest $3.1M Heist Draining a Tron User’s Wallet

North Korea’s Lazarus Group has been identified as the likely perpetrator of a $3.1 million cryptocurrency theft from a Tron user, according to onchain investigator ZachXBT, marking the latest exploit tied to the sanctioned hacking collective North Korean Hackers Suspected in $3.1M Exploit The Feb. 28, 2025, attack targeted an unnamed victim, with stolen funds … Read more

SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction

The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between … Read more

Hans Zimmer Composes Anthem for TRON, Coining It the ‘Web3 Generation’ Theme Song

Academy award-winning composer Hans Zimmer has created an anthem for TRON, founded by the controversial entrepreneur Justin Sun, a prominent figure in the cryptocurrency space known for his brash personality. The Tron Anthem by Zimmer, dubbed the song for the “Web3 Generation,” aims to encapsulate the trials Sun has faced, amidst Sun being sued by … Read more

Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the … Read more

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading … Read more