USD Coin (USDC) on Tron (TRX) Smashes Through Major Milestone Amid UST Drama - Aliens: AI Crypto News & Markets Updates

USD Coin (USDC) on Tron (TRX) Smashes Through Major Milestone Amid UST Drama

Sat, May 14, 2022

Aliens TLDR

USD Coin (USDC) by Circle Inc., the second-largest stablecoin by market capitalization and a major competitor of USD Tether (USDT), expands its supply on Tron (TRX) blockchain.

According to the announcement shared by H.E. Justin Sun, the net supply of USD Coin (USDC) on Tron (TRX) blockchain jumped by more than 24%.

— H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) — H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) #USDC on #TRON has surpassed 1 billion!

At the same time, as the dust settles after thw TerraUSD (UST) collapse, H.E. Justin Sun reveals that Tron's (TRX) stablecoin, USDD, can be staked with twice as much APY as UST has in Anchor Protocol (ANC).

Read full article on Aliens app Read from Original Source

Join us on

The best experience is on the app

Everything happening in the crypto world, in real time

app

Join us on

Recommended Stories

Article list item background

Crypto crash widens a divide: 'Those with money will end up being fine'

The cryptocurrency market was in ruins. But Tyler and Cameron Winklevoss were jamming. Read more at straitstimes.com.

The Straits Times

·

3h

Article list item background

SEC rejects Grayscale's bid to convert GBTC to a Bitcoin ETF

The SEC has denied Grayscale's bid to convert its flagship product to a spot-based bitcoin ETF, making it the latest in a wave of rejections.

·

3h

Article list item background

Despite the Bear Market, a Salvadoran Wants to Build a USD 200M Power Plant to Mine Bitcoin

A wealthy expat Salvadoran is set to fund a USD 200 million solar-powered bitcoin (BTC) mining facility – and appears to have the backing of the government.

·

4h

Article list item background

Polygon's MATIC price signals hard times to come, here's why

Polygon’s MATIC price signals bears have re-entered the market. If the profit-taking continues, a cataclysmic fall could occur to breach the $0.31 low

·

4h

Article list item background

Congressional Democrats plot path forward on digital dollar while they have the majority

As the clock ticks on the current Congress, Democrats have become increasingly vocal about pushing forward on a digital dollar.

·

4h

Article list item background

Axie Infinity reopens Ronin Bridge after audits but here’s the problem

Axie Infinity has announced the official re-launch of the Ronin Bridge, enabling the transfer of funds to and from the Ronin network. This is the same bridge that makes it possible for users to fund their Axie Infinity accounts. The Ronin bridge was temporarily suspended after an exploit by hackers, which resulted in a huge […]

·

4h

Article list item background

EU Finalizes Crypto Anti-Money Laundering Rules, Walks Back Tracking of Private Wallets

The new rules in the EU will require service providers, like exchanges, to store identifying information for wallets making transactions.

·

4h

Article list item background

Ethereum NFT Trading Volume Falls By 70% in June—But Number of Sales Steady

The total volume of Ethereum NFT trades has declined this month, partly due to the falling price of ETH, but traders are still trading.

·

4h

Recommended Stories

Article

The Straits Times

Crypto crash widens a divide: 'Those with money will end up being fine'

Article

The Block

SEC rejects Grayscale's bid to convert GBTC to a Bitcoin ETF

Article

Cryptonews

Despite the Bear Market, a Salvadoran Wants to Build a USD 200M Power Plant to Mine Bitcoin

Article

FX Street

Polygon's MATIC price signals hard times to come, here's why

Article

The Block

Congressional Democrats plot path forward on digital dollar while they have the majority

Article

AMB Crypto

Axie Infinity reopens Ronin Bridge after audits but here’s the problem

Article

Decrypt

EU Finalizes Crypto Anti-Money Laundering Rules, Walks Back Tracking of Private Wallets

Article

Decrypt

Ethereum NFT Trading Volume Falls By 70% in June—But Number of Sales Steady

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens