Ethena Rockets to $290 Million in Revenue, Seeks SEC Clarity on USDe - Coin Surges

USDT Strengthens Lead As Top Stablecoin, Capturing Over 62% Of Market Share

USDT controls the stable coin market with the market cap of $158.8 billion and market share over 62%. USDC, DAI and USDe hold second place in terms of their steady adoption although at smaller volumes and capitalization. New stablecoins such as PYUSD, USDY, and USD0 are also gaining traction even though they have limited liquidity. Tether (USDT) has strengthened its dominance in the stablecoin market with an overwhelming 62.42% market share. Its…

Ethena rockets to $290 million in revenue, seeks SEC clarity on USDe - Coin Surges

Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers.  Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251 days after its launch, making it the second-fastest protocol to cross this threshold. Daily fees averaged $3.1 million during the past month as traders continued to mint and hedge the synthetic-dollar token USDe. …

Tron: Powering On-Chain Payments at Unmatched Scale

Token Takeaway: TRX;With hundreds of millions of accounts and billions in transactions, Tron is one of the largest public blockchains in the world. It facilitates trillions in annual payment volume, supports a thriving DeFi ecosystem, and is arguably one of the most efficient Layer-1 networks in operation today. While on-chain activity remains robust, token burning has begun to slow, and inflation is making a return, something the TRX token hasn…

Tether Issues 1 Billion USDT on Tron Network - Blockchain & Cryptocurrencies Tabloid

Tether mints 1 billion USDT on Tron's blockchain, reflecting market demand and liquidity strategy. The post Tether Issues 1 Billion USDT on Tron Network appeared first on Blockchain & Cryptocurrencies Tabloid.

TRON Tops Ethereum in USDT Transfers, Signs RWA Deal With Plume

TRON is back in the spotlight. The network just surpassed Ethereum in USDT transfer volume and signed a major deal with RWA protocol Plume. According to recent data, TRON now processes over $21 billion in weekly USDT transfers, far ahead of Ethereum’s $8 billion. With 2.4 million USDT transfers per day,  TRON handles nearly 10 times more than its rival. It now accounts for over 55% of global USDT activity. This rapid growth strengthens TRON’s po…