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Tether's latest USDT minting spree is reshaping crypto dynamics, boosting liquidity and market confidence.

TRON's October saw high revenue and a surge in transactions driven by memecoins.

Tether Treasury has minted an impressive $1 billion USDT on the Tron network in the past 12 hours. This action aligns with Tether's ongoing commitment to maintaining a robust supply of its stablecoin across major exchanges and blockchains, particularly during a bullish market phase.

The Tron Network has recorded surging transactions in the last 30 days, increasing its market share. Generally, crypto transactions have soared due to heightened institutional and retail adoption as the price of assets moved near all-time highs.

Tron is leading the altcoin transaction volume dominance level per data from CryptoQuant.

Tron's blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.17 within the past 24 hours, reflecting a 55% increase year-to-date.

The TRON network has been making big moves in the altcoin market, reclaiming its status as the leading blockchain for transaction volume among major altcoin chains. The TRON network has reported $205 million in revenue for October, marking it as the second-highest monthly revenue in its history.

TRON announced a major partnership with Chainlink, adding to the growing list of ecosystems integrating the Oracle network's data feeds, among other services.

CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink's Smartcon at Hong Kong Fintech Week. We covered a lot.

The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,' TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30.

How is Tron strengthening its rapidly-expanding $7 billion decentralized finance economy with Chainlink's assistance?

Bitcoin raised Uptober hopes as it approached the $73,949 ATH on 29 October, trading above $73,600 on leading exchanges. Despite being less than $300 away from its all-time highs, Bitcoin experiences reduced investor interest, signaling a potential crash in the near term. Bitcoin trades at $70,568 after dropping from its 24-hour high of $72,902.

As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent

TL;DR Tron replaces WinkLink with Chainlink as its oracle provider to strengthen DeFi security. The migration to Chainlink covers key applications like JustLend and JustStable, with $6.5 billion in TVL. The network initially covers Chainlink costs to drive the adoption of high-quality services in its ecosystem.

Chainlink Data Feeds is set to become the official data oracle solution for the TRON blockchain ecosystem, providing data feeds for TRON's DeFi applications JustLend and JustStable. In an Oct.

Tron's DeFi ecosystem turns to Chainlink for reliable, decentralised pricing data.

The integration could enhance TRON's DeFi ecosystem security and innovation, potentially driving broader adoption and growth in the blockchain space. The post TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON's growth appeared first on Crypto Briefing.

This move is set to enhance the way decentralized finance (DeFi) applications operate on the Tron blockchain. Tron DAO announced that JustLend and JustStable will now use data feeds from Chainlink for pricing information.

Tron founder Justin Sun said the blockchain's integration of Chainlink would present significant opportunities for the two networks to grow in the stablecoin and real-world asset sector. In an Oct. 31 post on X, Sun stated: “[Tron] has joined Chainlink Scale, adopting Chainlink Data Feeds as TRON's official oracle.

The TRON DAO will discontinue its support for WinkLink Oracle and focus on the Chainlink network for further DeFi development.

Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink's data feeds.

TRON DAO has partnered with Chainlink as its new official oracle provider, replacing WINkLink, to secure its $6.5 billion DeFi ecosystem through Chainlink's Data Feeds and SCALE program integration.

The secure and reliable price data will be available to one of the largest DeFi economies in the world.

It's been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the last year. According to blockchain data, the additional tokens were minted on the Tron network and immediately sent to the company's treasury wallet.