India's Crypto Ban Stance Returns: Why RBI Pressure Still Matters for Altcoin Access
RBI stance leans toward prohibition as banks face crypto exposure curbs; USDT trades 8.5% above INR rate in India. Here is how access and risks shift.
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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
Read full articleRBI stance leans toward prohibition as banks face crypto exposure curbs; USDT trades 8.5% above INR rate in India. Here is how access and risks shift.
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 Micron Technology (MU) Stock Surges on $3 Billion Domestic Chip Supply Initiative appeared on BitcoinEthereumNews.com. Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/micron-technology-mu-stock-surges-on-3-billion-domestic-chip-supply-initiative/
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
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 […] The post Hyundai Card Tests Stablecoin Payments in Global Automotive Shift appeared first on Live Bitcoin News.
The post Eco Powers Programmable Cross-Chain Stablecoin Liquidity with TRON Integration appeared on BitcoinEthereumNews.com. San Francisco, California, July 9, 2026 — Eco, a leading provider of programmable cross-chain stablecoin liquidity, today integrates the TRON network. Through this integration, TRON becomes part of Eco’s unified stablecoin network, allowing users to deposit stablecoins directly into TRON applications in seconds. As one of the world’s leading blockchains for stablecoin payments, TRON processed more than $2 trillion in transfers and supported an $86 billion circulating USDT supply in Q1 2026 alone. By integrating TRON, Eco enables enterprises and developers to embed seamless cross-chain stablecoin flows into their applications, with on-demand liquidity facilitating transfers between TRON and the broader blockchain ecosystem. “TRON’s dominance in global stablecoin settlement makes it an essential infrastructure for digital finance,” said Jay Kurahashi-Sofue, CMO at