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USDT Integration in BYDFi Card Revolutionizes Web3 Spending

USDT Integration in BYDFi Card Revolutionizes Web3 Spending

Author:
USDT News
Published:
2025-08-07 21:30:14
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[TRADE_PLUGIN]BTCUSDT,BTCUSDT[/TRADE_PLUGIN]

BYDFi, a leading global cryptocurrency trading platform, has launched the BYDFi Card, a virtual payment solution designed to bridge the gap between Web3 assets and real-world transactions. This innovative card leverages Visa's global payment network, enabling users to spend their digital assets seamlessly for everyday purchases. The product specifically targets decentralized finance (DeFi) enthusiasts, offering them practical utility for their crypto holdings. By eliminating traditional barriers to crypto utilization, the BYDFi Card represents a significant step forward in the mainstream adoption of digital currencies. As of August 2025, this development underscores the growing convergence of blockchain technology and traditional finance, with USDT and other stablecoins poised to play a pivotal role in this transformation.

BYDFi Card Launches to Bridge Web3 Assets and Real-World Spending

BYDFi, a global cryptocurrency trading platform, has unveiled its BYDFi Card, a VIRTUAL payment solution designed to seamlessly connect Web3 assets with everyday spending. The card eliminates traditional barriers to crypto utilization by allowing users to spend digital assets directly via Visa's global payment network.

The product targets decentralized finance enthusiasts seeking real-world utility for their holdings. Users can fund the card with USDT, bypassing conventional fiat conversion processes. Payment compatibility extends to major platforms including Apple Pay, Google Pay, and PayPal, with support for all Visa-accepted currencies.

Key operational features include instant virtual issuance post-KYC verification, customizable spending limits, and comprehensive transaction tracking. The launch represents another step toward mainstream crypto adoption, particularly for cross-border transactions and online commerce.

Dogecoin, Shiba Inu Continue To Underperform As The Crypto Market Eyes Its Next 100x Memecoin

Dogecoin (DOGE) and shiba inu (SHIB), once the darlings of the meme coin frenzy, are struggling to maintain momentum as investor interest pivots toward emerging contenders. LayerBrett (LBRETT), a high-speed Layer 2 memecoin currently in presale, is capturing attention with promises of ultra-low fees, real utility, and staking rewards. Market analysts speculate it could be the next 100x token in the DeFi space.

Built on ethereum but leveraging Layer 2 technology, LBRETT aims to address chronic issues in the Web3 ecosystem—slow networks, exorbitant gas fees, and hollow promises from meme coins. Its infrastructure claims near-instant transactions and reduced costs, positioning it as a potential disruptor. Investors can participate by connecting MetaMask or Trust Wallet and staking ETH, USDT, or BNB directly through the project's dApp.

The shift underscores a broader trend: meme coins are evolving beyond pure speculation, with projects like LBRETT attempting to marry viral appeal with tangible functionality. Whether this marks a lasting transformation or another speculative bubble remains to be seen.

USDC Dominates Crypto Payrolls as Adoption Triples in 2024

The cryptocurrency payroll landscape has undergone a seismic shift, with Pantera Capital's 2024 Blockchain Compensation Survey revealing a threefold increase in workers receiving digital asset payments. Circle's USDC stablecoin emerges as the undisputed leader, capturing 63% of all crypto-denominated salaries—nearly double the share of its closest competitor, Tether's USDT.

Blockchain-native companies and decentralized autonomous organizations (DAOs) are driving this transformation, leveraging stablecoins for borderless compensation. While USDC and USDT dominate payroll usage, traditional smart contract platforms like Ethereum and Solana account for less than 2% of crypto salary payments combined.

The survey documents a remarkable trajectory—crypto payroll participation jumped from 3% in 2023 to 9.6% in 2024 among surveyed professionals. This surge coincides with growing institutional recognition of digital assets as legitimate compensation instruments, particularly for globally distributed teams.

Crypto Salaries Triple: USDC Dominates as Preferred Stablecoin for Payments

The digital work landscape has reached a decisive inflection point in 2024, with crypto-denominated salaries tripling year-over-year. Nearly 10% of sector professionals now receive compensation in stablecoins—primarily Circle's USDC—signaling blockchain's maturation as a structured payment rails.

USDC commands 63% of crypto payroll transactions, overshadowing Tether's USDT due to institutional trust and technical compatibility. Payroll platforms like Deel and Rippling exclusively support USDC, reflecting Circle's regulatory-first positioning through strategic alliances with traditional finance giants like ICE.

Tron Surges to 51% of USDT Circulation Following GENIUS Act, Minting $1B in Stablecoins

The GENIUS Act, enacted by the U.S. Congress on July 18, 2025, has brought regulatory clarity to stablecoins, fostering institutional trust and adoption. TRON has emerged as the primary beneficiary, now hosting 51% of the USDT supply—$83 billion out of a total $163 billion in circulation.

Shortly after the Act's passage, tron minted $1 billion in USDT, reinforcing its dominance in stablecoin settlements. The network's token-burning strategy and low transaction fees position it as a key player in the digital dollar economy and DeFi space.

The legislation prioritizes consumer protection, monetary stability, and AML compliance, creating a framework for dollar-backed stablecoins like USDT. Tron's rapid growth underscores its infrastructure superiority in the stablecoin market.

Tether's USDT Dominates Blockchain Transaction Fees Amid Transparency Debate

Tether's USDT now accounts for 40% of all transaction fees across nine major blockchain networks, according to CEO Paolo Ardoino. The stablecoin has evolved beyond a simple fiat proxy into critical infrastructure for cross-border payments and emerging market economies.

Low-fee networks like Tron and BNB Chain have propelled USDT's adoption, enabling near-instant settlements for remittances and payroll. The token's transaction volume frequently surpasses native blockchain tokens in high-usage regions.

This growth occurs against persistent questions about reserve transparency. Market participants increasingly treat USDT as the de facto settlement LAYER for crypto ecosystems, regardless of regulatory scrutiny.

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