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news-imageFebruary 19, 2025

Tron's USDT Supply Soars Nearly 1000%, Hits $62 Billion: Here‘s More

DeFi activities have picked up on several networks after increased stablecoin supply. TRON has become a major USDT hub with record volumes in the last four years.
Publisher: Zycrypto
Sentiment: Positive
TRX
USDT

More News Articles

Positive
cover-imageThe Cryptonomist
April 17, 2025

Messari: Tron records a historical high in revenues of $760.2 million in Q1 2025

Messari has published a report on the Tron network, which recorded record revenues of 760.2 million dollars during this Q1 2025. Among other numbers, the daily trading volume of USDT TRC-20 also increased, reaching 19 billion dollars. Messari, provider of crypto market intelligence products, has published its Q1 2025 report on the Tron network, highlighting its performance.

Positive
cover-imageTokenpost
April 17, 2025

Tron (TRX) Defies Market Trends, Eyes Breakout Amid Growing Ecosystem

Tron (TRX), the eighth-largest cryptocurrency by market cap, is gaining investor attention as it outperforms major assets like Bitcoin (BTC) and Ethereum (ETH) despite overall bearish sentiment. TRX is currently trading at $0.2548, marking a 2.9% gain in the past 24 hours, while BTC and ETH fell by 0.5% and 2.0%, respectively.

Positive
cover-imageCryptonews
April 15, 2025

Tether Invests in Fizen to Advance Stablecoin Adoption

Tether Invests in Fizen Limited to address financial exclusion by enhancing stablecoin payment infrastructure. The investment will improve Fizen's blockchain capabilities across multiple ecosystems, allowing users to store, transfer, and transact with USDT through familiar payment methods like QR codes. The post Tether Invests in Fizen to Advance Stablecoin Adoption appeared first on Cryptonews.

Positive
cover-imageZycrypto
April 15, 2025

Tether Partners With Ocean to Decentralise Mining Pools

Tether partnered with Ocean to power their Bitcoin mining operations, optimising their hashrate and decentralizing Bitcoin's network. Currently, Bitcoin mining is centred around only a few powerful mining pools, which endangers the independence of the blockchain ecosystem.

Positive
cover-imageThe Cryptonomist
April 15, 2025

Tether invests in the decentralization of Bitcoin mining with OCEAN

Tether, the largest company in the digital asset sector, announced on April 14, 2025, a significant initiative to support the decentralization of Bitcoin mining. The company plans to distribute both its existing hashrate and future hashrate on the OCEAN mining pool, an emerging entity that stands out for its commitment to decentralization and for being led by the long-time Bitcoin Core developer, Luke Dashjr. The decision marks a further step in Tether's philosophy, long committed to promoting transparency, resilience, and open access within and outside the cryptocurrency ecosystem.

Positive
cover-imageTokenpost
April 15, 2025

Tether Expands Bitcoin Mining Efforts with OCEAN Partnership and DATUM Integration

Tether is deepening its commitment to Bitcoin by integrating OCEAN, a decentralized mining pool led by Bitcoin Core developer Luke Dashjr. The partnership allows Tether to leverage OCEANs open-source DATUM protocol, which empowers miners to create their own block templates, boosting decentralization and censorship resistance across the Bitcoin network.

Positive
cover-imageCointelegraph
April 15, 2025

Tether partners with OCEAN mining pool to decentralize Bitcoin block-building

Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to OCEAN's Bitcoin mining pool in an effort to strengthen the network's decentralization.“Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether's CEO Paolo Ardoino said in an April 15 statement.

Positive
cover-imageCryptoSlate
April 14, 2025

Tether commits hash rate to OCEAN Mining, extending mining operations on Africa

Tether announced on April 14 that it will begin deploying current and future Bitcoin (BTC) mining hashrate on OCEAN Mining as part of its African strategy. The decision marks a shift in the company's operational mining infrastructure toward software that permits miners to construct block templates independently without reliance on centralized intermediaries.

Neutral
cover-imageThe Cryptonomist
April 14, 2025

Tether shakes the crypto market: the announcement by Paolo Ardoino and the new ecosystem of digital trading

April 14, 2025, marks a key date for the crypto world: at 10:00 AM UTC, Paolo Ardoino, Chief Technology Officer of Tether, released an announcement that immediately captured the attention of industry operators. Through a tweet, Ardoino announced an important transformation in the company's strategy: the diversification of Tether's reserves. This move, although concise in tone, produced immediate effects on the market, both in terms of price and trading volume.

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