Richmond Fed Services Revenue Index for September in the United States

This article introduces a channel that focuses on sharing blockchain projects, popularizing blockchain, decentralized finance (DeFi), NFT, and other areas, and shares various digital currencies, trading analysis, technical analysis, airdrops, and other related content. The article focuses on mainstream tokens such as Bitcoin and Ethereum, as well as altcoins like Dogecoin and SHIB, and also shares information about various projects, platforms, exchanges, etc.

💫 While US dollar-backed stablecoins hold 90% market share in stablecoin transactions, the share of transactions directly using US dollars is 10%. The usage share of Euro-backed stablecoins is 1.1%.

Stablecoins have expanded more swiftly this year compared to the previous one. Just a week earlier, the stablecoin market was valued at $155.86 billion; today, it stands at $158.67 billion, reflecting a 1.8% increase. In contrast to the broader cryptocurrency market, which experienced a noticeable decline, the dollar-pegged crypto sector demonstrated strong growth. Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation Stablecoin dominance according to defillama.com. The overall value of the stablecoin market increased by approximately $2.81 billion, with $2.2 billion of this growth attributable to tether (USDT). Over the past month, tether’s supply expanded by 5.6%, reaching a current valuation of $109.38 billion. Last week, on April 12, usd coin (USDC) held a market valuation of about $32.02 billion, which has since risen to $33.15 billion. DAI also enjoyed a week of growth, with its market cap increasing from $4.93 billion to $5.12 billion. In contrast, FDUSD experienced a small drop from $3.93 billion on April 12 to $3.58 billion today. Despite this weekly dip, FDUSD’s supply has risen by 23.8% since March 19. Ethena’s USDE has shown no significant changes in supply over the past week, maintaining a stable figure of $2.38 billion. Over the past month, USDD, TUSD, and USDP have all recorded declines. USDD’s supply decreased by 2.7% this month, while TUSD saw a substantial 48.9% reduction over the same period. Paxos’ USDP experienced a 25.2% cut since March 19. Meanwhile, Paypal’s stablecoin, PYUSD, achieved a 6.8% increase this month, boosting its market valuation to $202 million at press time. In the dynamic landscape of the stablecoin market, this week’s growth exemplifies a clear deviation from the broader cryptocurrency trends, with USDT leading the charge. As the market faces fluctuations, stablecoins seem to offer a semblance of stability, albeit with varying supply changes among different tokens.

S450 4 matic 2023 gasoline, has burmester but non-deployable according to the characteristics. Mileage: 9000km Price: 145,000 #usdt Market in Moscow from 18,000,000₽

🔥TRON stablecoin + financial infrastructure: supporting the global on-chain payment and Settlement "fast track" In the current rapid development of the digital economy, TRON's stablecoin ecosystem is no longer a "single tool"; rather, it has become the core support for global on-chain payment and Settlement, building a solid foundation for the implementation of digital finance. Three core support forces, solidifying the foundation of global payment Settlement. • Efficient payment network "second-level circulation": USDT, USDD and other stablecoins circulate smoothly within the TRON network. Whether it's daily small transactions or large cross-border settlements, it achieves "low cost + high speed"—eliminating the high fees of traditional settlements, while maximizing the efficiency of fund circulation, ensuring that every payment is "smooth"; • Driving financial innovation "a hundred flowers blooming": The stablecoin ecosystem is like "fertile soil", allowing DeFi protocols such as JustLend's flexible lending and SunPerp's contract trading to grow rapidly, providing users with a full-scene solution from asset appreciation to trading operations, making decentralized finance "usable and easy to use"; • Ecological collaboration "breaking boundaries": Stablecoins are not limited to financial scenarios, but are also deeply integrated with NFTs, GameFi, and cross-chain assets – for example, using stablecoins to purchase NFTs, completing transactions in blockchain games, and transferring assets across chains, collectively weaving a complete ecological network covering "finance + entertainment", expanding the application boundaries of digital assets. The value of TRON has never been just about leading technology; it is more about turning "technology" into "real applications": it enables faster circulation of digital assets, more stable storage, and allows global users to truly experience the convenience of decentralized finance—whether it is small merchants in emerging markets or ordinary on-chain users, they can all enjoy the benefits of efficient Settlement and flexible wealth management. @justinsuntron @trondao #TRONEcoStar