Close to half of Tether's $180 billion USDT supply, about $89 billion, circulates on the Tron network, which has no US regulatory oversight. This network is popular in emerging markets due to low fees and fast transfers. While Tether's reserves are heavily backed by US Treasury assets, the operational use of USDT on Tron creates enforcement challenges for US regulators. Efforts like the GENIUS Act target US issuers but do not cover offshore networks like Tron. Tether is developing its own settlement layer to reduce reliance on Tron, but user migration may be slow because of Tron’s deep liquidity and low costs. This situation leaves a significant portion of global dollar transactions outside US supervision.
The U.S. Treasury's OFAC sanctioned multiple cryptocurrency addresses tied to Cuban entities, marking an extension of sanctions into major blockchain networks like Bitcoin, Ethereum, and Solana. Concurrently, Tether froze $131 million in USDT on the ...
Anchorage Digital, the first federally chartered crypto bank in the US, now supports staking and custody for TRON's native token TRX and TRC-20 assets. This move provides institutional investors a regulated way to access TRON, a blockchain network wi...
Oobit has launched a new feature allowing TRON (TRX) holders to send TRX directly from their wallets to bank accounts using SEPA, ACH, and Faster Payments rails in Europe, the US, and the UK. This bypasses traditional exchanges, enabling near-instant...
Bitcoin and Ethereum prices dipped slightly while altcoins mostly fell, signaling cautious trading in the crypto market. Bitcoin's market share increased marginally to 58.42%, indicating a shift toward safer large-cap assets amid weaker altcoin deman...
TRON blockchain now holds more than $90 billion in USDT stablecoins and leads 2026's USDT transfer volume with about $4.2 trillion year-to-date, making it a dominant payment rail due to low fees and predictable transaction costs. Despite this massive...
