Leading crypto firms including Paxos, Kraken, Galaxy Digital, and Robinhood announced the formation of the Global Dollar Network to enhance stablecoin adoption globally.

While cryptocurrency bears tightening their grip amidst the United States Presidential elections, Tron (TRX) holders enjoy profits. IntoTheBlock data shows that 97% of investors are making money at current prices, with 2% at break even and only 1% experiencing losses. Such significant profitability levels reflect Tron's resilience and unwavering confidence in the altcoin's future.

Reports indicate that Tether's USDT, the largest stablecoin globally by market capitalization, may be experiencing increased adoption in countries facing sanctions.

TRON's latest price action could come in for significant volatility soon.

Tether, the world's largest stablecoin, is witnessing an increased utilization of its USDT token in countries that are currently facing international sanctions, such as Russia and Iran. According to a recent report from Bloomberg, which draws on data from blockchain analytics firm Chainalysis, this trend is particularly evident in major urban centers across Eastern Europe, the Middle East, and Africa.

XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.

Thai law enforcement has reportedly arrested seven police officers and one civilian accused of staging a false domestic search that involved the attempted extortion of 10 million USDT from a victim.

TRON (TRX) was one of the most active chains in October, handling more than 43% of all altcoin chain traffic. TRON also had the second-highest monthly revenues for 2024.

Crypto Twitter got spicy after Coinbase CEO Brian Armstrong said the exchange doesn't charge fees, with other execs pushing back.

The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak.

Tether's execs are refuting the latest episode of FUD in the crypto-community today.

In the month of October, the Tron blockchain recorded record revenues of 205 million dollars, driven mainly by growth in the DeFi sector and the expansion of meme coins.

TRON founder Justin Sun recently disputed Coinbase CEO Brian Armstrong's claim that the exchange offers free asset listings. The post TRON Founder Says Coinbase Requested $80M in TRX and $250M in BTC for Token Listing appeared first on Cryptonews.

The Open Network (TON) Society cofounder Jack Booth talked to CryptoNews at The Gateway event in Dubai about Telegram retaining privacy features and the use case for Tether's Dirham-Pegged Stablecoins. The post TON Society Co-Founder Talks Telegram Privacy and Tether's Dirham-Pegged Stablecoins appeared first on Cryptonews.

Paolo Ardoino, the chief executive officer of Tether, said Tether has no plans of building a an official blockchain ‘at this time' after hearing rumors of Tether Chain. In an X post on Nov.

TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across various networks. Tether continues to expand and introduce new products, including a Dirham-pegged stablecoin on the TON blockchain while remaining blockchain-agnostic to focus on security and sustainability.

Tether CEO Paolo Ardoino has dismissed recent speculation about the company's plans to launch a proprietary blockchain network. In a Nov. 3 post on X, Ardoino clarified that Tether does not intend to create its blockchain.

Coinbase CEO got an informal community note after Justin Sun debunked claims of no listing charges

A hot new debate has emerged in the crypto community regarding alleged listing fees on centralized exchanges - specifically Binance and Coinbase. It all began with one of the venture capitalists sharing the details of a conversation with a high-end project that reportedly received a listing offer requesting 15% of the project's total token supply, an amount potentially worth up to $100 million.

Toncoin (TON) has seen its USDT holdings surpass the $1 billion mark following an astounding 670% surge in just six months. This achievement places the Telegram-linked blockchain among the top ten networks in terms of stablecoin dominance, just below Ethereum's Optimism.

Tether is not planning to build an official blockchain at this time, as "neutrality is very important." The post Tether Drops Plan To Build an Official Blockchain As of Now: CEO appeared first on Cryptonews.

TON's exceptional stablecoin growth hasn't stirred its price chart performance. Not yet.

Tether CEO Paolo Ardoino shut down rumors of a Tether blockchain, declaring, “Tether is not planning to build an official blockchain at this time.” Instead, Tether backs the integration of its stablecoin, USDT, on various networks to support decentralized use cases, like gas fees, on independent Layer 2 (L2) solutions.

The world's largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations.

Thai authorities have arrested six police officers and one civilian for using a fake warrant to stage an arrest and extort 165,000 USDT from an expat. The victim, a Chinese-Vanuatu national, filed a complaint along with his wife and other family members at a Bang Sue police station.

TRON (TRX) has fallen back near the moving average lines. The altcoin will resume its uptrend if it holds above the moving averages.

The crypto market has witnessed massive rallies in the past week ahead of the bull season, with Bitcoin breaking a crucial resistance zone. Popular market analysts such as Crypto Rover believe the altcoin season is so close as crypto platforms continue strengthening their networks ahead of the bull season.

Tether's latest USDT minting spree is reshaping crypto dynamics, boosting liquidity and market confidence.

The TON Network is evolving at a very fast pace, with enablement from Tether (USDT). The duo inked their partnership in April this year, charting a positive bullish growth curve from that time to date.

Thai investigators arrest six police officers for their alleged role in a $10 million USDT extortion case.

Tether's Q3 net profit of $2.5 billion underscores its dominance, showcasing the stablecoin's growing appeal and financial resilience.

TRON's October saw high revenue and a surge in transactions driven by memecoins.

Tether Limited has announced a remarkable net profit of $2.5 billion for the third quarter, bringing its total profits for the year to a record-setting $7.7 billion.

On Thursday, Tether (USDT), the world's largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether's growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024.

Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed a complaint accusing them of staging a fake arrest and extorting 165,000 USDT.

Stablecoin giant Tether Holdings Ltd is expanding its reach on the TON Network and the Middle East. As disclosed recently at the TON Gateway event in Dubai, Tether's Senior Strategic Partnership Manager Alessandro Giori confirmed the Dirham-backed USDT will go live on the protocol.

The Tron Network has recorded surging transactions in the last 30 days, increasing its market share. Generally, crypto transactions have soared due to heightened institutional and retail adoption as the price of assets moved near all-time highs.

With consolidated assets of over $134 billion, Tether's Q3 attestation confirms strong financial standing despite incoming FUD.

Tron is leading the altcoin transaction volume dominance level per data from CryptoQuant.

Tron's blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.17 within the past 24 hours, reflecting a 55% increase year-to-date.

The TRON network has been making big moves in the altcoin market, reclaiming its status as the leading blockchain for transaction volume among major altcoin chains. The TRON network has reported $205 million in revenue for October, marking it as the second-highest monthly revenue in its history.

This time, Tether is working to launch a stablecoin tied to the United Arab Emirates dirham (AED). The new dirham-pegged stablecoin will be built on The Open Network (TON), a blockchain known for its speed and efficiency.

TL;DR Tether has seen a surge in usage across EMEA time zones amid growing attention from US regulators. Increased adoption of USDT has been seen in sanctioned countries such as Russia and Iran, facilitating transactions amid banking restrictions.

Tether is launching its Dirham-pegged stablecoin on TON Blockchain, according to Alessandro Giori, senior strategic partnership manager at Tether. The post Tether to Launch Its Dirham-Pegged Stablecoin on TON Blockchain appeared first on Cryptonews.

This week, BeInCrypto noted strong investor interest in key events: Bitcoin ETFs crossing the 1 million BTC mark, insider trading allegations involving MrBeast, and suspected manipulation on Polymarket related to Trump.

Tether (USDT) is still widely used globally, with a focus on developing markets. The activity in the EMEA region raises concerns about terrorism financing, scams, and circumventing controls and sanctions.

Tether's third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether's Q3 Performance Ranks Among Top U.S. Treasury Holders In its latest attestation, Tether Holdings Limited reports a third-quarter net profit of $2.5 billion, pushing its nine-month consolidated profit to $7.7 billion.