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USDT Dominance on TRON Network Fuels Market Cap Surge Over Dogecoin

USDT Dominance on TRON Network Fuels Market Cap Surge Over Dogecoin

Author:
USDT News
Published:
2025-06-20 16:47:06
18
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[TRADE_PLUGIN]BTCUSDT,BTCUSDT[/TRADE_PLUGIN]

TRON's TRX has surpassed Dogecoin (DOGE) in market capitalization, securing the #8 spot with a valuation of $25.93 billion compared to DOGE's $25.13 billion, as per CoinGecko data. This milestone underscores a broader shift in institutional preference toward utility-driven blockchains over meme coins. A key driver behind TRON's growth is the surging adoption of USDT (Tether) on its network, which has solidified its role as a global payments infrastructure. The increasing use of stablecoins like USDT highlights TRON's expanding utility and its appeal to institutional investors. Additionally, TRON's rumored IPO plans could further bolster its market position, making it a standout performer in the crypto space as of June 2025.

TRON Surpasses Dogecoin in Market Cap Amid Stablecoin Adoption and IPO Plans

TRON's TRX has overtaken Dogecoin to claim the #8 spot in cryptocurrency market capitalization, with CoinGecko data showing TRX at $25.93 billion compared to DOGE's $25.13 billion. The shift reflects growing institutional interest in utility-driven blockchains over meme coins.

USDT transactions on the TRON network are surging globally, cementing its position as a payments infrastructure. "Stablecoin utility is truly global," stated Tron DAO, noting adoption across both emerging and developed economies.

While TRX has gained 12% since May, dogecoin has dropped over 30% as meme coin interest wanes. DOGE's weekly trading volume plummeted 80%, underscoring the market's rotation toward fundamentals.

The momentum comes as tron prepares for a $210 million reverse merger IPO, positioning it among the first major blockchain networks to go public. This milestone could further validate the protocol's real-world payment applications.

Tether Founder Unveils Open-Source Password Manager Amid Historic Data Breach

Tether CEO Paolo Ardoino announced the launch of PearPass, a fully local and open-source password manager, in response to what cybersecurity experts are calling the largest data breach in internet history. The breach exposed 16 billion usernames and passwords from major platforms including Apple, Facebook, and Google.

Ardoino criticized cloud-based storage systems, declaring, "The cloud has failed us. Again." PearPass will store all user data directly on devices, eliminating reliance on remote servers. "No cloud. No servers. No leaks. Ever," he emphasized.

While Tether has not confirmed integrations, the move aligns with its history of ventures addressing digital security gaps. The announcement comes as the crypto industry grapples with escalating cybersecurity threats.

ALL4 Mining Launches Mobile App for Free Cloud Mining of Bitcoin and Dogecoin

ALL4 Mining, a UK-regulated cloud mining platform, has unveiled a new mobile application designed to streamline cryptocurrency mining for retail investors. The app offers real-time monitoring of mining contracts, earnings tracking, and portfolio management—all accessible from mobile devices.

Security remains a cornerstone of the platform, with McAfee® and Cloudflare® providing enterprise-grade protection for users' digital assets. New registrants receive a $15 sign-up bonus and can earn $0.6 daily through login rewards, lowering the barrier to entry for novice miners.

The service supports flexible investment horizons, ranging from one-day contracts at $15 to long-term mining plans. Settlement options include ten major cryptocurrencies like Bitcoin (BTC), ethereum (ETH), and Ripple (XRP), providing liquidity flexibility for users worldwide.

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