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With several impressive milestones, the TRON network continues to assert its dominance in the stablecoin payment sector. Recently, the amount of USDT (Tether) circulating on TRON reached a new all-time high.Meanwhile, the number of long-term holders on TRON has exceeded 2.66 million addresses. This …
Today in crypto, Tether CEO Paolo Ardoino announced a new AI platform with crypto payment support, the Solana Foundation said it has patched a security vulnerability that could have affected Token-22 confidential tokens, and the government of the Maldives signed a $9 billion deal to establish a cryp…
Tether AI, the forthcoming artificial intelligence platform from stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin.Tether CEO Paolo Adroino took to X on May 5 to tease the imminent launch of Tether AI, the company’s new AI platform designed to offer…
TL;DRAlthough it’s still behind the leader, Ethereum, Tron’s USDT share has skyrocketed in the past few years. According to Tether’s transparency page, almost $72 billion worth of the world’s largest stablecoin is on Tron (from the Total Authorized amount), while Ethereum leads with $74.5 billion.Th…
Movement Labs confirmed that its co-founder, Rushi Manche, has been suspended from the organization following a market-making scandal."This decision was made in light of ongoing events and as the third-party review is still being conducted by Groom Lake regarding organizational governance and recent…
With the price of gold rising amid global economic uncertainty, Tether had nearly eight tons of gold backing its XAUT token at the end of the first quarter, according to a Monday release."Tether Gold maintains its position as the highest market-cap, most secure, and compliant tokenized gold product …
sUSD depeg, explained: Why Synthetix’s stablecoin fell below $0.70 In a significant and concerning event in the cryptocurrency space, sUSD, the native stablecoin of the Synthetix protocol, saw its value plummet to $0.68 on April 18, 2025. This drop represents a dramatic 31% deviation from its inte…
The following is a comprehensive review of the popular cryptocurrency exchange Toobit. We have spent considerable time using the platform, and if you’re wondering whether Toobit is the right place for your trading journey, then this review is for you.Key takeaways:Toobit is an intuitive and feature-…
Panama City’s municipal government has approved the use of cryptocurrency to pay for taxes, fees, tickets and permits, according to a Wednesday post on X by Mayor Mayer Mizrachi Matalon. The city will accept bitcoin, ether, USDC and USDT, local media confirmed.Panama City now joins other cities worl…
As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell.In an April 16 panel at the Economic Club of Chicago, Powell commented on the evolution of the cryptocurrency industry, which has delivered a consu…
Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market.According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post:“Today, I’m thrilled …
Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.According to an April 14 Avalon Labs X announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon said it will allow …