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The share of Tether stablecoin based on Tron reached 12%

Tron-based USDT tokens account for more than 12% of the total offer of the most popular stablecoin. According to Tronscan, to date, 520 million Tether “stable coins” have been issued on the Tron blockchain. Given the current supply volume of Tether (4.1 billion USDT), the share of TRC20 tokens in it is 12.65%. A significant increase in the share of USDT of the new standard occurred today, October 25th. At first […]

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Tron-based USDT tokens account for more than 12% of the total offer of the most popular stablecoin.

According to Tronscan , to date, 520 million Tether “stable coins” have been issued on the Tron blockchain.

Given the current supply volume of Tether ( 4.1 billion USDT ), the share of TRC20 tokens in it is 12.65%.

A significant increase in the share of USDT of the new standard occurred today, October 25th. Initially, the TRON Foundation wrote about the new 100 million TRC20 stablecoins:

Then a Whale Alert Twitter account discovered a transaction with $ 40 million TRC20-USDT:

In a commentary on a tweet, Bitfinex Technical Director Paolo Ardoino explained that the transaction is the result of the migration of tokens from the Ethereum standard ERC20 to TRC20.

Note that against the background of these transactions, the price of bitcoin is growing:

TradingView's BTC / USD Bitstamp Half-hour Chart

Recall that Tether launched the Tron-based USDT in April this year.

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Mercado

Peter Schiff Predice la Caída del Precio de Bitcoin a $10,000 o Menos

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El estratega jefe de mercado de Euro Pacific Asset Management, Peter Schiff, predice que Bitcoin no alcanzará nuevos máximos más allá de $69 000 y seguirá cayendo por debajo de $10 000 o menos.

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Compañías

Celsius Acusado de Ofrecer Valores No Registrados

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Celsius Acusado de Ofrecer Valores No Registrados

El Departamento de Protección e Innovación Financiera de California (DFPI) ha emitido una orden de desistimiento y abstención contra Celsius. Como tal, el prestamista de criptomonedas en quiebra no podrá continuar con la venta y comercialización de valores en el estado de California.

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Compañías

Gate Technology Ltd. Amplía sus Servicios a Malta

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Gate Technology Ltd. Amplía sus Servicios a Malta

Gate.io Group informó que su filial con sede en Malta, Gate Technology Ltd., ha adquirido una licencia en Malta para ser un proveedor de servicios de activos financieros virtuales (VFA). Ahora puede establecer un Exchange de VFA y proporcionar servicios de custodia en o desde Malta bajo el nombre de Gate Malta. Desde entonces, el Grupo también ha comenzado a ampliar su equipo para adaptarse mejor al mercado local.

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