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Stablecoin issuer Tether, has in conjunction with a popular crypto exchange platform revealed that it will be conducting a $1 billion USDT chain swap. The swap will shift the stablecoin from other blockchains to Tron network to improve the communication between the supported chains.
The chain swap reallocates $1 billion worth of USDT from multiple blockchains to the Tron network without affecting the overall supply of USDT.
Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan.
The highly anticipated altseason for 2025 is around the corner, possibly to be kickstarted by the inauguration of the U.S. President-elect Donald Trump. With Bitcoin (BTC) price consolidating after reaching a major milestone at $100k, large-cap altcoins, led by Tron (TRX), are preparing to enter the price discovery phase of the macro bull run.
TRON remains one of the most active venues for USDT activity, becoming the leader for professional-grade and whale-scale transactions.
Tron (TRX) is currently the 10th largest cryptocurrency by market capitalization and has shown a consistent upward trend amidst a highly volatile market. It is the second-largest player in the decentralized finance (DeFi) ecosystem, with its current price standing at $0.2675, which is 39.03% below its all-time high (ATH) of $0.4407, achieved in December 2024.
The T3 Financial Crime Unit (T3 FCU), a collaborative effort between stablecoin giant Tether, the TRON blockchain, and blockchain intelligence company TRM Labs, has achieved a notable milestone by freezing over $100 million in criminal assets across the globe.
Tron's T3 Financial Crime Unit, formed through a partnership between Tron, Tether, and TRM Labs, has frozen $100 million in Tether's USDT since its inception in September.
A crypto crime task force formed by Tron (TRX), TRM Labs and Tether has reportedly frozen over $125 million worth of USDT internationally since its August 2024 inception.
A coalition formed by Tether, Tron, and TRM Labs is working with law enforcement agencies across the world to stamp out crypto-related crime.
T3 Financial Crime Unit, started by Tron blockchain, stablecoin issuer Tether, and TRM Labs in September, has frozen $100 million in illegal USDT.
The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets.
“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.
T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents. Formed by Tether, TRON, and TRM Labs in August 2024, the group collaborates with law enforcement worldwide to disrupt organized schemes that rely on blockchain transactions.
In a latest development, the T3 Financial crime unit has hit a milestone of 100 million frozen USDT on Tron targeting a wide variety of bad actors, since the unit was formed in September. This marks a significant milestone in its fight against cryptocurrency-related financial crime.
The unit is a joint venture between Tron, TRM Labs and Tether.
As 2025 unfolds, the cryptocurrency niche is abuzz about the forthcoming big players. Although Tron TRX and Ethereum ETH remain impressive, a new breed of altcoins is promising even better rewards. Some of such new projects are Rexas Finance RXS, SUI, SEI, and Aptos APT.
Prominent Money investors have been accumulating the top 3 Ethereum (ETH) competitors for 2025, and at the top of the list is Rexas FinanceRXS), where they have invested heavily in its presale, making it complete its presale stages ahead of its schedule and accumulating more than 33m in its previous stage 10 which sold out
Tron (TRX) has consistently shown growth and resilience, making it one of the prominent players in the cryptocurrency market. With its expanding presence in the decentralized finance (DeFi) ecosystem and its focus on scalability and low transaction costs, many experts are bullish on TRX's future.
The latest price analysis by Coinidol.com report, the price of TRON (TRX) has declined since December 18 and is trapped between the moving average lines.
The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum, and other assets, influenced by Bitcoin spot ETF approval, the US election, and evolving crypto regulation.
In 2024, Tron recorded $2.12 billion in revenue, eclipsing Ethereum's $2 billion, and leaving Solana trailing significantly.
TRON (TRX) has had an undeniably successful 2024. The blockchain network saw a staggering 64% surge in active addresses, signaling growing adoption and increasing interest from both developers and users.
Cryptocurrencies are seeing a minor uptick as the year comes to an end, and CryptoQuant analyst Joao Wedson says one of the altcoins showing bullish potential is TRON. TRON (TRX) traded at around $0.2565 on Dec.
