USDT

Data from Lookochain reveal that Tether (USDT) ‘s 24-hour trading volume on the TRON (TRX) network reached $53 billion, surpassing Visa’s average daily trading volume of $42 billion in Q1 2024. This remarkable development undermines the growing adoption and demand for stablecoins, especially in the Tron network. Data from Lookonchain has revealed that Tether’s USDT, the world’s leading stablecoin on the Tron Network, has surpassed payment giant Visa’s average daily trading volume of $42 billion. According to market intelligence firm…

Binance Exchange has integrated Tether (USDT) on the TON network. As the protocol powers Toncoin, users now have another option to move the world’s largest stablecoin. Popular crypto exchange Binance has continued on its mission to expand multi-chain functionality with a recent Tether (USDT) integration on the TON Network. This move opens the door for crypto enthusiasts to leverage the advantages of both platforms. USDT to See Enhanced Utility on TON Network  The integration allows seamless movement of USDT through…

48.78% of Uquid users in LATAM use USDT on TRON, highlighting its growing popularity. TRON’s high throughput, low fees, and cybersecurity boost make it ideal for LATAM transactions. Latin America (LATAM) is showing a noteworthy trend where more Web3 consumers are using the TRON network for their transactions. As of right now, an astounding 48.78% of Uquid customers in the area are making their transactions with USDT on the TRON network. This amazing figure highlights the increasing inclination in the…

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. This surge signifies a growing confidence in stablecoins and their potential to disrupt the financial landscape. USDT Flexes Muscles USDT’s dominance is evident. Available on multiple blockchains, it has seen its market cap explode since…

The post Tron Network’s “USDT” Surpasses Visa’s Average Daily Trading Volume! appeared first on Coinpedia Fintech News USDT is the official stablecoin and was issued by Tether on the Tron Network. As per the latest reports, the 24-hour trading volume of USDT is $53.031 Billion, exceeding Visa’s daily trading volume. Reportedly, during the Q1 of 2024, Visa’s trading volume totaled $3.7 Trillion with an average trading volume of $42 Billion. Tether USD (USDT) with 45,466,584 holders has recorded a total…

As summer approaches, the excitement for Copa America reaches fever pitch. This year, fans from around the world have an extra reason to be thrilled with the launch of SportsWizard’s exciting Copa Challenge. Hosted on SportsWizard.io, this challenge offers a unique, engaging, and competitive way to experience Copa America like never before. And, to make it even more exciting, there is a 250K USDT prize pool to compete for, and to make it even crazier; it is 100% free to…

With Europe’s comprehensive MiCA regulations coming into effect at the end of this year, it is looking likely that these regulations will not allow Tether to operate in this jurisdiction. What could this mean for Europe and crypto? Tether’s reducing market share Tether is the foremost USD stablecoin in the world, and in Q1 of this year it made record profits of $4.52 billion. However, its market share is slowly reducing, and has descended to around 69%. At the same…

Burmuda, Bermuda, June 8th, 2024, Chainwire HashKey Global will launch the second phase of the Launchpool project, Aethir (ATH), on June 11, 2024. Users can lock ATH or USDT to share a pool of 5,870,000 ATH. The locking period is 3 days, starting on June 11 at 02:00 (UTC), with rewards beginning to accrue on June 12 at 10:00 (UTC). Spot trading for ATH/USDT will commence on June 12 at 10:00 (UTC), and ATH withdrawals will be available starting June…

Non-empty wallets for stablecoins such as Circle’s USDC and Tether’s USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits in a very short time. While this could point to recent selling, it is also quite bullish for crypto going by historical performances. Non-Empty USDT And USDC Wallets Jump 13.9% According to the on-chain data tracking…