The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $ 1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by 1.2 billion coins. Stablecoin Economy Sees Growth Again …
Issuance of TRON-Based USDT Exceeds $60 Billion
In a recent social media post, Justin Sun, the founder of TRON, announced that the issuance of TRON-based USDT has reached a significant milestone, exceeding $ 60 billion. This achievement also marks TRON as the first blockchain to have a single stablecoin valued at more than $ 60 billion. This development underscores the …
Wallet on Telegram Extends 50% APY for USDT Promotion
Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users announcing an extension of its promotion that allows users to deposit Tether’s USDT and receive a 50% APY during the first two weeks. The app also announced that it would yield additional bonuses until the […]
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’. This new feature now supports USDC and USDT, two of the most widely used stablecoins, thereby enhancing its existing digital asset management capabilities. The innovative ‘Drag & Swap’ feature simplifies the process of switching between USDC, […]
Orbital Analysis: Emerging Markets Overwhelmingly Embrace USDT Payments on TRON
Orbital, a provider of blockchain-based payments, has published a blog post highlighting the importance of USDT payments on TRON in emerging markets. The company processes millions of on-chain transactions each year, valued in the billions of dollars. The post explains that while developed markets have little motivation to adopt crypto payments, the situation is different […]