Tether on Tron Outpaces Visa’s Daily Trading Volume, German Bank Appoints Bitcoin Advocate as CEO
- USDT trading volume on Tron briefly surpassed Visa’s average last week.
- The 24-hour trading volume on Tron Network reached $53 billion on June 21.
- Volksbank Raiffeisenbank Bayern Mitte has appointed Andreas Streb as CEO.
Tether’s (USDT) trading volume on Tron (TRX) Network briefly exceeded the daily average trading volume of payments giant Visa, while a $6 billion valued German bank appointed a Bitcoin-friendly CEO, marking two significant events in the crypto industry last week.
On June 21, blockchain analysis platform Lookonchain observed that the 24-hour trading volume of USDT on the Tron Network reached $53 billion. Lookonchain noted that Tron USDT’s daily trading volume surpassed Visa’s average daily trading volume of $42 billion in Q1 2024.
Notably, USDT’s trading volume on Tron did not surprise many crypto users, considering the stablecoin’s recent history. Last March, C…
The post Tether on Tron Outpaces Visa’s Daily Trading Volume, German Bank Appoints Bitcoin Advocate as CEO appeared first on Coin Edition.
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Tether on Tron Outpaces Visa’s Daily Trading Volume, German Bank Appoints Bitcoin Advocate as CEO
- USDT trading volume on Tron briefly surpassed Visa’s average last week.
- The 24-hour trading volume on Tron Network reached $53 billion on June 21.
- Volksbank Raiffeisenbank Bayern Mitte has appointed Andreas Streb as CEO.
Tether’s (USDT) trading volume on Tron (TRX) Network briefly exceeded the daily average trading volume of payments giant Visa, while a $6 billion valued German bank appointed a Bitcoin-friendly CEO, marking two significant events in the crypto industry last week.
On June 21, blockchain analysis platform Lookonchain observed that the 24-hour trading volume of USDT on the Tron Network reached $53 billion. Lookonchain noted that Tron USDT’s daily trading volume surpassed Visa’s average daily trading volume of $42 billion in Q1 2024.
Notably, USDT’s trading volume on Tron did not surprise many crypto users, considering the stablecoin’s recent history. Last March, C…
The post Tether on Tron Outpaces Visa’s Daily Trading Volume, German Bank Appoints Bitcoin Advocate as CEO appeared first on Coin Edition.
Read More