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Home»ALTCOIN NEWS»The tethers overtakes TRON and DEXS with sales of $ 433 million.
ALTCOIN NEWS

The tethers overtakes TRON and DEXS with sales of $ 433 million.

By Crypto FlexsJune 8, 20253 Mins Read
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The tethers overtakes TRON and DEXS with sales of $ 433 million.
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  • Revenue comparison between it Stablecoin publisher, Stablecoin transmission layer and Transaction infrastructure It was suggested that tethers is in the lead.
  • Tether gained profits from BTC, and $ 1 trillion in USDT transmission starts a new blockchain project called Stable with partner Bitfinex.

In addition to providing exposure to Cryptocurrency customers, Stablecoins is expanding the application by integrating the payment of major technology companies.

If you do that, the publisher likes it. Tether (USDT) And Circle is developing a range according to huge profits and greater adoption.

Revenue generation and recording Starable Coin transmission

The tethers continues to dominate the encryption and blockchain space, generating high profits due to fees. In the last 30 days, TETHER has earned $ 435 million, earning more than $ 193.8 million in Circle.

Circle posted $ 1.4 billion in sales in 2024 and reached $ 16.7 billion since IPO. But tether posted $ 14 billion in sales in 2024.

If it is evaluated as a similar metrics, Tether’s market capitalization is rapidly soaring and can be placed among the world’s best companies.

USDT Tether Circle

Source: Token Terminal

especially, Tron (TRX) LED Stablecoin transportation fee, $ 345.8 million, much better distributed exchange and MEV.

During the same period, UNISWAP earned $ 75.6 million, achieving 62.9%of growth, and Solana -based JITO collected $ 61.6 million.

Despite the high trading activities, Tether and Circle gained profits from issuance and float profits while maintaining their dominant state and secured lead in encryption finance.

Beyond profits, tether achieved a major milestone that surpassed $ 1 trillion in monthly chain transfer.

This is one of the most widely used assets in the Crypto industry, which has solidified USDT.

USDTUSDT

Source: Token Terminal

At the same time, Tether’s lending custody wallet moved 200 BTCs equivalent to $ 28 million. In fact, after Bitcoin reached $ 1 billion, the wallet withdrew 1,650 BTC, which arrived with a complete value of $ 178 million.

The increase in bitcoin deposits by tethers utilizes market trends in line with the company’s strategy and maintains the highest position in the transaction.

Start a ‘stable’ blockchain

Meanwhile, Bitfinex and USDT0 (Tether’s Layer Layer Running USDT) are Backing Stable, a new project to prepare for launch.

Tether’s CEO Paolo Ardoino is tortured.

Unlike most Stablecoin platforms, stable is targeted for business, not retailers, and USDT is used as a gas token.

Since USDT plays a key role in STABLE’s trading technology, this project can help integrate Stablecoins into business operations.

This can potentially induce the growth of the stablecoins support blockchain network.

Source: X

The developer of STABLE decided to maintain a hidden state, but the team consists of engineers of blockchain, financial entrepreneurs and cryptocurrency experts.

Next: Injective can see a monthly profit of 24%, but can the trader derive the INJ rally?

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