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news-imageMarch 30, 2024

TRON DAO's USDT Surge: Unraveling the Dynamics of Cryptocurrency Transaction Growth

TRON DAO has emerged as a pivotal player, experiencing an extraordinary surge in USDT transaction volumes. This surge, witnessed within the TRON ecosystem via Tron DAO, not only underscores TRON's scalability advantage but also sheds light on the complexities surrounding USDT and Tether's expansion efforts.
Publisher: The Currency Analytics
Sentiment: Positive
TRX
USDT

More News Articles

Positive
cover-imageThe Currency Analytics
November 28, 2024

Tron Price Prediction 2024-2030: TRX to Reach $1 by 2030

Tron (TRX) has established itself as one of the top cryptocurrencies, currently ranking 9th by market capitalization. With its native blockchain designed to power decentralized applications (dApps) and the second-largest decentralized finance (DeFi) ecosystem, Tron has become a key player in the crypto space.

Neutral
cover-imageCryptoGlobe
November 28, 2024

Tether Explains Why It Decided to Discontinue Stablecoin EURT

Tether, the issuer behind the world's largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union. Tether emphasized that community interest remains central to its decision-making process.

Negative
cover-imageCryptopolitan
November 28, 2024

Tether ends support for Euro-pegged stablecoin EURT

Tether announced that it would discontinue support for the Euro-pegged stablecoin EURT and will not be minting any more tokens. The blockchain-enabled platform disclosed that the decision was reached due to changes in the stablecoin regulatory framework in the European market.

Negative
cover-imageThe Cryptonomist
November 27, 2024

Tether abandons the stablecoin pegged to the euro

Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.

Negative
cover-imageCoingape
November 27, 2024

Tether Discontinues EURT Stablecoin, Here's Why

Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.

Positive
cover-imageThe Daily Hodl
November 27, 2024

CryptoQuant CEO Says Ethereum Rival Has Achieved Strong Market-Product Fit Hosting $60,000,000,000 in USDT

An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.

Negative
cover-imageCryptonews
November 26, 2024

Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns

Tether has minted $5 billion in just five days, raising industry concerns about its influence on cryptocurrency markets and political ties, particularly with Cantor Fitzgerald's significant investment and connections to the incoming Trump administration. The post Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns appeared first on Cryptonews.

Positive
cover-imageCryptopolitan
November 26, 2024

TRON's Justin Sun joins Trump's crypto venture WLFI as Advisor

Donald Trump's crypto platform, World Liberty Financial (WLFI), just locked in a high-profile partnership by bringing Justin Sun onboard as an Advisor. The founder of TRON and one of blockchain's most talked-about figures, Sun has also invested $30 million into the platform, making him WLFI's largest backer.

Positive
cover-imageCrypto Economy
November 26, 2024

Tron's Justin Sun Supports Donald Trump's WLFI with $30M Investment

TL;DR Justin Sun, founder of Tron, invested $30 million in World Liberty Financial (WLFI), becoming the main investor in the project associated with Donald Trump. The partnership with Tron could provide WLFI with a robust infrastructure, boosting its global adoption and positioning it in the crypto market.

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