Tether has officially initiated the process to phase out USDT support on five older blockchains. It was announced by the company that redemptions and token issuance for Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand will stop by September 1, 2025. Remaining tokens for these chains will become frozen. This resolution comes after a […]
USDT
TRON Hits $3.8 Billion in DeFi Swaps As SunSwap and JustLend Lead 2025 Surge
Key Takeaways: SunSwap, TRON’s top decentralized exchange, has been a reliable performer in the DeFi sector so far in 2025. Swap volumes have consistently been over $3 billion per month throughout 2025 so far, reaching a high of $3.8 billion in May, as per CryptoQuant. June recorded a corresponding volume of $2.3 billion, with 8.6 […]
BNB Chain Surpasses $10B in Stablecoins, Extends No-Gas Transfer Campaign
Key Takeaways: BNB Chain has tightened its grip on the stablecoin market with unmatched user engagement and transaction activity. In a recent report published by Markets Insider and acknowledged by Binance’s former CEO Changpeng Zhao, the blockchain ecosystem was confirmed as the leading network in both stablecoin transaction volume and monthly active users for May […]
Bitcoin Surge Toward $200K Looks Unstoppable Right Now
Bitcoin (BTC) appears to be gearing up for a potential breakout as bullish momentum builds across the crypto market following weeks of heightened volatility driven by macroeconomic uncertainty. After enduring prolonged market fluctuations, Bitcoin is now forming a key reversal pattern, approaching critical Fibonacci retracement levels that traders closely monitor as potential signals for price […]
Binance Leads Crypto Market with 59K Altcoin and 384K USDT Transactions: Report
Analytical platform CryptoQuant has highlighted that Binance has become the most popular exchange for receiving altcoins and stablecoins. The most number of transactions are always done on the platform, particularly during times of significant market rallies. This analysis reveals that, on average, there is a sharp increase in transactions involving the inflow of altcoins to […]
TRON Breaks Records with $694B USDT Transfers: What’s Driving Its Crypto Dominance?
TRON has reached an impressive milestone, breaking a huge record within the stablecoin market. The highest amount of USDT transfers ever recorded on the blockchain network was in May, at $694.54 billion. An analyst at CryptoQuant highlighted that this is a new record that indicates the rising dominance of TRON in the crypto world. With the […]
TRON Sets New USDT Stablecoin Transfer Record at $691B
Whale activity and the dominance of stablecoins have pushed TRON to set a new USDT transfer record with $691B, pulling ahead of Ethereum in total USDT volume and utilization.
Next-Level: Tether Teams Up with Shiga Digital to Dominate African Crypto Space
Key Takeaways Tether, the issuer of the $112 billion USDT stablecoin, has announced a strategic investment in Shiga Digital, an African blockchain-based platform that provides financial services including virtual accounts, OTC trading, and foreign exchange. The move underscores Tether’s commitment to emerging markets by addressing some of the key obstacles connected to Africa’s traditional banking […]
Inflows to USDT Wallets on Binance Are Mostly from Whales Since Late 2023
CryptoQuant data shows whales own almost three-quarters of all Binance’s USDT deposits, as they prefer TRC-20 for lower fees.
Crypto Clampdown: Thailand Blocks Bybit, OKX, and 3 Others
Thailand will block five major cryptocurrency exchanges, including Bybit and OKX, from June 28 due to licensing issues. The Thai Securities and Exchange Commission (SEC) directed the move after regulatory investigations into unauthorized digital asset operations. The country’s authorities intend to protect investors and enforce the new laws for digital assets. Bybit and Four Others […]