Meson Simplifies USDT Transfers to Conflux eSpace with Direct Deposit and Withdrawal Feature

Meson has launched a groundbreaking solution enabling direct USDT transfers to Conflux (CFX) eSpace, eliminating the complexities of cross-chain processes. This innovation marks a significant leap in user convenience, particularly for Conflux users who previously faced challenges due to limited exchange support. The new feature allows seamless deposits and withdrawals, bridging the gap between centralized exchanges and Conflux eSpace effortlessly. As of May 13, 2025, this development is poised to enhance liquidity and accessibility for USDT within the Conflux ecosystem, further solidifying its position in the decentralized finance (DeFi) landscape.

Meson Enables Direct USDT Transfers to Conflux (CFX) eSpace

Meson has introduced a streamlined solution for USDT transfers to Conflux eSpace, eliminating the need for cumbersome cross-chain processes. The new feature allows direct deposits and withdrawals, significantly enhancing user experience.

Previously, Conflux users faced hurdles due to limited exchange support, often resorting to complex swaps. Meson’s integration provides a frictionless bridge between centralized exchanges and Conflux’s ecosystem.

Tether Surpasses $150 Billion Market Cap, Cementing Stablecoin Dominance

Tether’s USDT has achieved a historic milestone with a $150 billion market capitalization, now commanding 61% of the global stablecoin market. The asset’s growth reflects deepening institutional adoption, with 30 million active wallets anchoring its position as the liquidity backbone of crypto markets.

Meta’s rumored stablecoin ambitions highlight the sector’s strategic importance, even as regulators grapple with oversight frameworks. Tether’s ascent underscores stablecoins’ dual role as both crypto trading pairs and potential payment rails for traditional finance.

Tron Surpasses Ethereum in USDT Supply Amid On-Chain Growth

Tron has overtaken ethereum in total circulating USDT supply, marking a pivotal shift in the stablecoin landscape. On May 6, Tron’s USDT supply reached $73.8 billion, eclipsing Ethereum’s $71.9 billion, according to CryptoQuant data shared by contributor Maartunn.

The TRC-20 network’s ascent follows two years of steady growth, fueled by its low fees, rapid settlements, and network stability. This milestone underscores Tron’s rising dominance in stablecoin issuance, a sector long led by Ethereum.