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Tether announces a strategic transition to prioritize community-driven blockchain support, discontinuing EOS and Algorand implementations.

However, it is an overtaking that should be taken with a grain of salt, because the comparison is not direct.

Tether (USDT) has recently achieved a remarkable milestone on the TRON blockchain by surpassing Visa's average daily trading volume. This achievement, with USDT reaching $53 billion in daily transactions, not only underscores the growing influence of stable coins but also highlights the transformative potential of blockchain technology in global financial markets.

How will Uphold's decision to delist Tether impact USDT in the European Union?

New data reveals the daily average volume of the stablecoin Tether (USDT) over the Tron (TRX) blockchain has surpassed that of credit card giant Visa.

According to on-chain data on the Tron network released by Lookonchain, Tether has exceeded Visa in daily trading volume. The data showed that USDT stood at $53 billion, compared to Visa's average daily trading volume of $42 billion.

USDT, Tether's digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance. In a landmark development, USDT has surpassed Visa's average daily transaction volume on the Tron blockchain, underscoring its position as the undisputed leader in the stablecoin space.

It should have been good news for TON. It is. Alas, it hasn't quite worked out yet.

TRON-based USDT surpassed Visa's daily average of $42 billion in Q1, 2024.

Tether's USDT on TRON outpaces VISA's daily volume, highlighting stablecoins' growing impact on international finance and payments.

Binance has successfully integrated Tether (CRYPTO: USDT) on The Open Network (CRYPTO: TON), providing users with increased flexibility for stablecoin transactions. As of June 21, Binance users can now deposit and withdraw USDT on the TON blockchain.

According to data from the X account Lookonchain, the 24-hour trading volume of tether on the Tron network has surpassed Visa's average daily transaction volume. Additionally, despite a general downturn in the crypto economy, tron (TRX) has achieved a 2% gain against the U.S. dollar over the past week.

TL;DR Tether on Tron reaches $53 billion in daily volume Exceeds Visa's daily average of $42 billion Indicates growing adoption of cryptocurrencies in transactions Tether (USDT) on the Tron network has surpassed Visa, the global payments giant, in daily trading volume.

Binance has recently integrated Tether (USDT) onto the Toncoin (TON) network, enabling users to deposit and withdraw using Telegram's associated

In a significant milestone for the cryptocurrency market, Tether (USDT) on the Tron Network has surpassed Visa in 24-hour trading volume.

Tron price has risen for three straight days after on-chain data pointed to robust performance of its ecosystem. TRX jumped to a high of $0.1185 on Friday, its highest point in a month.

TL;DR Binance has integrated Tether (USDT) into The Open Network (TON), allowing deposits and withdrawals on this network since June 21. This integration provides users with greater flexibility to move stable liquidity on TON, a network known for its efficiency and low operational costs .

This eagerly anticipated integration now allows users to deposit and withdraw USDT via the Ton Network. This move expands the utility and reach of USDT, a widely used stablecoin.

Hackers are currently targeting the USDT on TON blockchain recharge system in an attempt to defraud crypto exchanges with fake deposits. This activity was detected by the Dilation Effect on-chain monitoring system, which discovered a malicious TON address.

Toncoin price forecast. The selling pressure on the crypto market continued on Friday as the Bitcoin price plunged below $63930 with an intraday loss of 1.4%.

The spike in the volume can be partly attributed to the increase in demand for stablecoin in a period when the crypto market is experiencing a downturn.

Binance, the leading crypto exchange in the world, has recently finalized the integration of Tether (USDT) on the Toncoin Network. Also, Telegram founder has plans to innovate uses for the TON blockchain, including tokenized digital content.

Binance has integrated support for the Tether (USDT) stablecoin on TON blockchain.

Over 40% of all crypto trades in Latin America involve the USDT stablecoin, signaling a waning interest in Bitcoin, which is even trailing XRP in the region's top trading pairs.