Victoria, Seychelles, July 10, 2026 – MEXC, a pioneer in 0-fee digital asset trading, announced the launch of its VVIP Futures Loss Coverage Program 2.0 from July 10 to July 30, 2026 (UTC), an upgraded initiative offering enhanced trading protection and a 1,000,000 USDT prize pool for futures users to share. The Loss Coverage Program […]
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The post Indian Rupee: Inflation uptick with monsoon support – DBS appeared on BitcoinEthereumNews.com.
DBS economist Radhika Rao expects India’s June CPI inflation to edge up to 4.1% YoY from 3.9%, driven by food normalisation and fuel-cost pass-through. She sees limited upside risks to core inflation, an improving but uneven southwest monsoon, and the June trade deficit remaining elevated near USD 28.5 billion despite the recent oil-price correction. Mild CPI rise and trade deficit “June CPI inflation is expected to rise marginally to 4.1% yoy from 3.9% the month before, on continued normalisation in food segments and passthrough of fuel costs through the related segments.” “Beyond food and fuel, upside risks to core inflation appear limited, amid softer gold as well as precious metal prices and little scope for further pump price adjustments.” “Markets are also focused on the spatial and geographical spread of ongoing southwest monsoon.” “Encouragingly, the nationwide rainfall short
The post USDT on TRON Exceeds $90 Billion as TRON Leads USDT Transfer Volume with $4.2 Trillion YTD appeared on BitcoinEthereumNews.com.
Geneva, Switzerland, July 9, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), announced today that the total circulating supply of USDT on the TRON blockchain has exceeded $90 billion. The milestone further strengthens TRON’s position as a leading network for USDT activity. According to Token Terminal, TRON leads all networks in USDT transfer volume year to date, with approximately $4.2 trillion. TRON is one of the most widely used settlement networks in the world for stablecoins. The network’s scale, low transaction costs and consistent activity continue to support digital dollar transfers and a broad range of blockchain-based real-world use cases. As of July 2026, TRON processes over 12.7 million daily transactions and has
Geneva, Switzerland, July 10, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), announced today that the total circulating supply of USDT on the TRON blockchain has exceeded $90 billion. The milestone further strengthens TRON’s position as a leading network for USDT […]
The post Bitcoin demand stays weak despite $1B USDT injection – Here is why! appeared on BitcoinEthereumNews.com.
Bitcoin is showing a textbook spot-versus-derivatives divergence. However, how this setup plays out depends on the broader macro environment. In a risk-on market, higher derivatives activity can support more upside. In a risk-off market, rising leverage increases the risk of a sharp correction. Recent U.S.-Iran uncertainty brought macro FUD back into the market. However, the Crypto Fear & Greed Index held above extreme fear. That resilience has revived the debate over whether BTC’s bear market could be nearing its end. History, however, tells a different story. As the chart shows, Bitcoin’s current bear market has lasted 248 days. By comparison, the 2022 bear market lasted 381 days, while the 2018 one lasted 385 days, suggesting the current cycle may still have further room to run. Source: CoinGecko Institutional positioning also supports that view. As the market flipped
The post Cathie Wood Warns Ripple-Backed OUSD May Not Challenge USDT, USDC appeared on BitcoinEthereumNews.com.
Cathie Wood has said Ripple-backed OpenUSD may struggle to challenge USDT and USDC, even with major corporate names behind it, because stablecoin markets depend on liquidity, trust, collateral use, and daily platform integration. ARK Says Stablecoin Moats Are Built on Use According to the ARK Invest CEO, stablecoins are like the monetary networks that evolve with increasing adoption by user bases, exchanges, wallets, and payment companies. She added that USDT and USDC have already established robust network effects in the crypto trading and payments space and DeFi. In a research note, ARK Invest Director of Digital Assets Lorenzo Valente suggested that OUSD’s odds of supplanting the two biggest stablecoins are low. In his blog post “Why USDT and USDC are harder to kill than crypto Twitter thinks”, Valente also cautioned that many market participants may be overly optimistic a
The post Hyundai Card Tests Stablecoin Global Payments. appeared on BitcoinEthereumNews.com.
Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries in the United States and Mexico, marking a major step toward blockchain-powered corporate settlements. The payment company tested real intercompany transfers using stablecoins, aiming to improve international payment efficiency while exploring new financial infrastructure for global operations. Hyundai Card Completes Stablecoin Transfer Between Hyundai Units Hyundai Card, the payments division of Hyundai Motor Group, said Thursday it has completed a proof-of-concept (PoC) involving stablecoin transfers b
The post Can Established Players Maintain Their Grip on the Stablecoin Sector? appeared on BitcoinEthereumNews.com.
As stablecoins continue to rise in prominence within the financial sector, ARK Invest CEO Cathie Wood believes that the market will largely remain under the control of current dominant issuers. Tether‘s USDT and Circle’s USDC, she asserts, have cemented their positions through extensive network effects, creating formidable challenges for any emerging competitors. Continue Reading:Can Established Players Maintain Their Grip on the Stablecoin Sector? Source: https://en.bitcoinhaber.net/can-established-players-maintain-their-grip-on-the-stablecoin-sector
