- 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.
The 24-hour trading volume of $USDT on #TronNetwork is $53B, exceeding Visa's average daily trading volume.Visa's trading volume in Q1 2024 was $3.78T and the average daily trading volume was $42B. pic.twitter.com/jolGKIUcxE
— Lookonchain (@lookonchain) June 21, 2024
Notably, USDT’s trading volume on Tron did not surprise many crypto users, considering the stablecoin’s recent history. Last March, C…
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