Tether Mints $1 Billion USDT on Tron Network Amid Market Developments
Tether issues 1 billion USDT on Tron after a pause, totaling 31 billion in a year. Tron's stablecoin dominance grows amid market performance challenges and bearish sentiment.

Tether issues 1 billion USDT on Tron after a pause, totaling 31 billion in a year. Tron's stablecoin dominance grows amid market performance challenges and bearish sentiment.
Tron Foundation challenges SEC lawsuit over jurisdictional reach, arguing against the application of U.S. regulations to offshore transactions. Meanwhile, competitors like Solana and BNB Chain are rapidly closing the TVL gap, posing formidable challenges. This legal battle highlights the intricate jurisdictional issues in the global crypto market, with implications for regulatory oversight and international transactions.
The Tron network witnessed a surge in stablecoin total value locked (TVL), soaring to a record $48 billion, with stablecoins dominating the landscape, as highlighted in a Reflexivity report.
India’s Financial Intelligence Unit has taken steps to block the URLs of nine cryptocurrency exchanges. The move comes as the FIU claims these exchanges are "operating illegally" and not complying with the Prevention of Money Laundering Act.
Dalam sebuah posting blog baru-baru ini pada tanggal 30 November, penerbit stablecoin Circle, yang terkait dengan USD Coin, membantah tuduhan pembiayaan ilegal dan hubungan dengan Justin Sun oleh Campaign for Accountability.
Tron muncul sebagai blockchain yang disukai untuk transaksi stablecoin, terutama di pasar negara berkembang seperti Argentina, Nigeria, dan Pakistan. Faktor-faktor seperti biaya rendah, transaksi cepat, dan berbagai integrasi berkontribusi pada popularitasnya yang meningkat dibandingkan saingannya seperti Ethereum.
Di bawah undang-undang federal saat ini, penyediaan layanan semacam itu masih diatur secara ketat, yang secara efektif mengecualikan banyak bisnis, terutama operator independen kecil, dari manfaat perbankan konvensional.
Penerbit stablecoin terbesar mengatakan harus mematuhi penegakan hukum.
Kontrak pintar Coinbase Wrapped Stake ETH (cbETH) memiliki fungsi daftar hitam.
Satu miliar USDT akan ditransfer ke blockchain Ethereum, sementara 20 juta USDT lainnya akan masuk ke Avalanche.