TRON's Dave Uhryniak highlights the cultural and artistic impact of memecoins at Korea Blockchain Week, introducing SunPump as a new platform for creating and trading meme coins.
MiyukiTether 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.
Xu LinTron 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.
SanyaTether's recent $1 billion minting on the Tron blockchain signals aggressive expansion, sparking discussions about its strategic reserves for future use. Amidst a $96 billion market cap, Tether faces potential challenges from traditional financial institutions, with regulatory uncertainties tied to the upcoming 2024 U.S. presidential election adding a layer of complexity to the crypto landscape.
JoyTether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.
OthersThe largest stablecoin issuer said it had to comply with law enforcement.
Crypto PotatoWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphThe announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region.
CointelegraphOne billion USDT will be transferred to the Ethereum blockchain, while another 20 million USDT will go to Avalanche.
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