Tron Processes Up To $190 Billion in Weekly Stablecoin Transfers, Analyst Warns on Regulation
Tron, originally a content-distribution project, now processes an estimated $150 billion to $190 billion in stablecoin transfers weekly.
16 articles
Tron, originally a content-distribution project, now processes an estimated $150 billion to $190 billion in stablecoin transfers weekly.

Japanese convenience store giant Lawson is set to trial yen stablecoin payments in Tokyo, while Netstars has launched a new merchant service supporting USDC, USDT, and JPYC.

The Bank of Thailand is initiating a crackdown on USDT and cash flows to combat illicit gains from Chinese-affiliated scam centers.

Global financial super app Revolut has announced that it will wind down support for Tether's stablecoin, USDT, exclusively within the EEA and Switzerland.

New data from Dune analytics indicates a clear divergence in stablecoin use, with Tether's USDT dominating payments and Circle's USDC powering DeFi applications.

Richard Heathcote, Tether's former investment chief, is reportedly seeking to sell a portion of his 1.26% stake in the stablecoin issuer.

Digital banking platform Revolut will delist Tether (USDT) after August 31, citing regulatory and risk concerns, with remaining holdings converted to base currency.

A new US dollar stablecoin, backed by Visa and Mastercard, aims to retain reserve earnings and challenge Tether’s USDT and Circle’s USDC.

Tether's USDT stablecoin is trading at a significant 7% to 10% premium in India, driven by high demand and thin local liquidity.

Breez's new SDK feature allows users to make payments with Bitcoin, enabling recipients to receive USDC and USDT across over 30 blockchains without holding stablecoins.

Tether's USDT stablecoin recently traded at an 8.5% premium in India, double the usual gap, after regulatory raids disrupted its supply.

The stablecoin Tether (USDT) has surpassed Ether (ETH) in market capitalization, with ETH's price falling to $1,500 amidst market volatility.

Tether (USDT) has flipped Ether's (ETH) market cap as ETH routs to $1,500, revisiting crucial long-term support levels last seen in October 2023.

Tether is winding down its gold-backed aUSDT derivative, strategically refocusing on its flagship stablecoin, USDT, and physically-backed XAUT.

A significant cryptocurrency money laundering operation valued at $120 million has been uncovered, leading Tether to freeze $72 million in USDT.

Tether's USDT dominance rate has formed a "golden cross," signaling increased investor caution and a potential period of turbulence for Bitcoin and the wider crypto market.