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TRON Has a Record-Setting Month

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Geneva, Switzerland–(Newsfile Corp. – June 2, 2022) –  TRON celebrated a record month of May, achieving multiple massive milestones in a few short weeks. Including USDD, the collateralized decentralized stablecoin on TRON, making it onto CoinMarketCap’s top 100 only 16 days after its May 5 launch. As of Wednesday, June 1, USDD has reached a new milestone with over $667 million in circulating supply burning over 8 billion TRX along the way.

Image source: Tron

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TRON now ranks third among all public chains by TVL at $6.17 billion, following closely behind Ethereum and BNB Chain, according to data provided by DefiLlama, one of the largest TVL aggregators for DeFi. 

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TRX has been gaining momentous backing from major asset management companies lately, including Fireblocks, a leading global digital asset and crypto infrastructure platform, which announced its support for TRX and all TRC-20 tokens of the TRON blockchain on its institutionally-focused digital asset platform last week. This announcement follows Crypto Finance, a subsidiary of Deutsche Börse, who announced its support for TRX storage, custody, and trading, making TRX available to the entire Deutsche Börse network.

In terms of stablecoin development, the TRON DAO Reserve has onboarded multiple premier blockchain institutions such as Alameda Research, Amber Group, Poloniex, Ankr, Mirana, Multichain, FalconX, and most recently TPS Capital as Members and Whitelisted Institutions to mint USDD, with more names to be announced in the coming weeks.

USDD is already trading on popular lending platforms, decentralized exchanges, and centralized exchanges, such as JustLend, SunSwap, PancakeSwap, Ellipsis, Uniswap, Curve, Poloniex, Huobi Global, KuCoin, Gate.io, LBank, Bibox, Bitget Global, and KyberSwap. On Thursday, May 26 at 10 a.m. UTC, Bybit, one of the fastest-growing cryptocurrency exchanges with over 6 million registered users, listed USDD under a special launch. As part of the launch, Bybit has announced a two-part event with a prize pool of 400,000 USDD. TRON is proud to have supported over 122 million USDD in liquidity pools as of May 25.

“TRON’s meteoric rise to the world’s top three public chains by TVL can be attributed to its sustained efforts to foster growth across the entire ecosystem,” said H.E. Justin Sun, Founder of TRON. “USDD has reached 667 million in circulation, Season 2 of the TRON Grand Hackathon 2022 is underway with prominent partners and judges from across the industry, and there is explosive growth across the entire ecosystem. Ever since becoming a DAO, the TRON community has kept on BUIDLing!”

Stablecoins have long been a crucial component of the DeFi market, and TRON has been devoting considerable resources to it for several years. From forging strong relationships with issuance platforms like Tether and Circle to establishing the TRON DAO Reserve and launching USDD based on the TRON platform, TRON has built a robust stablecoin armada that includes USDT, USDJ, TUSD, USDC, and USDD. USDD quote pairs are now available on Huobi Global with a zero trading fee. This includes TRX/USDD, BTT/USDD, NFT/USDD, JST/USDD, SUN/USDD, WIN/USDD, USDD/USDT, and USDD/USDC.

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TRON has also recently commemorated the highly anticipated Season 2 of the TRON Grand Hackathon 2022 on Monday, May 16, with a wave of applicants. That same week, TRON DAO announced the launch of a $10 million incentive fund program taking into account the recent events to support Terra developers migrating to the TRON ​​ecosystem. TRX is also confirmed to be listed on DMM Bitcoin soon, a top 2 crypto exchange in Japan.

Since it transitioned to a DAO in December 2021, TRON has evolved into one of the largest blockchain ecosystems in the world. With its on-chain asset value reaching $54.4 billion, TRON is now one of the most active settlement layers boasting an exceptional lineup in DeFi, NFT, GameFi, cross-chain connectivity, and stablecoins, accommodating over 95 million on-chain users with 3.2 billion transactions processed on its network. 

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2022, it has over 95 million total user accounts on the blockchain, more than 3.2 billion total transactions, and over $12 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized stablecoin USDD was announced on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

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Feroz Lakhani
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Blockchain

Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain

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May 19, 2025 — As the blockchain industry surges into its next phase of maturity, today’s briefing spotlights five pivotal developments shaping the crypto ecosystem: the physical limits of the public internet, a major exchange’s European push, Hollywood’s bet on Web3, blockchain’s role in global trade finance, and the drive for sustainable mining. Together, these stories reflect an industry wrestling with infrastructure bottlenecks, forging new community models, and renewing its environmental and regulatory commitments. From fiber-optics rails to Hollywood IP tokenization, let’s unpack what matters today—and why it matters to you.


1. Breaking the Bandwidth Barrier: DoubleZero’s Quest for High-Speed Blockchain Rails

The Story: At Consensus 2025 in Toronto, DoubleZero co-founder and CEO Austin Federa warned that today’s public internet “was never built for high-performance systems,” creating a critical bottleneck for high-throughput blockchain networks. Unlike traditional client–server models, modern blockchains require validators to rapidly switch between heavy data consumption and mass broadcast, demanding both low latency and massive bandwidth. By building dedicated fiber-optic communication rails, DoubleZero aims to slash transaction latency, tighten DeFi spreads, and unlock new use cases once stymied by internet constraints. Founded in late 2024, the project raised $28 million and plans its public mainnet launch in H2 2025, following an April token sale open to validators from Solana, Celestia, Sui, Aptos, and Avalanche.

Analysis & Implications: Federa’s remarks signal a shift: the limiting factor for blockchain performance has moved off software and compute and onto physical infrastructure. As decentralized networks scale, the quality of global connectivity becomes paramount. For DeFi traders, faster rails could mean tighter arbitrage windows and lower slippage; for enterprise adopters, sub-second confirmations could finally rival traditional payment rails. Yet building and maintaining dedicated networks carries capital and regulatory burdens. Will blockchain projects partner with telecom giants or build private consortia? How will this influence the ongoing L2 vs. L1 scalability debate? As the blockchain space broadens into enterprise domains, physical network investments may become as strategic as protocol design.

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Source: Cointelegraph


2. Toobit’s European Expansion: Platinum Sponsorship at Dutch Blockchain Week

The Story: On May 19, Toobit announced its role as Platinum Sponsor of Dutch Blockchain Week 2025 (May 19–25) and revealed plans to host a booth at the Dutch Blockchain Summit in Amsterdam on May 21–22. Coming off its Platinum role at Web3 Amsterdam earlier this year, the award-winning derivatives exchange seeks to deepen ties with Europe’s crypto community—showcasing trading solutions, exploring partnerships, and engaging physically with its user base.

Analysis & Implications: Sponsorship of marquee events like Dutch Blockchain Week underscores exchanges’ pivot toward community engagement and regional regulatory alignment. As the EU advances its Markets in Crypto-Assets (MiCA) framework, European crypto players face both opportunity and uncertainty. Toobit’s visible presence signals confidence in the continent’s evolving legal landscape—and the strategic importance of in-person dialogue. Beyond brand building, these events catalyze partnerships with custodians, DeFi projects, and institutional investors. For traders, this focus on local engagement could translate into tailored products—European stablecoins, localized fiat on-ramps, or region-specific compliance tools. Toobit is betting that boots on the ground matter as much as bits on the chain.

Source: GlobeNewswire


3. Hollywood Meets Web3: David Goyer’s “Emergence” Universe on Story Protocol

The Story: At Consensus’s Toronto conference, filmmaker David Goyer (Blade trilogy, The Dark Knight, Apple TV’s Foundation) unveiled Emergence, a sprawling sci-fi franchise built on his blockchain platform Incention and powered by Story Protocol. Leveraging a 2,500-page story bible and an AI “Atlas” agent, Goyer plans community-driven storytelling—fans co-create characters, up-vote submissions, and share licensing upside via on-chain smart contracts. Story Protocol, which has raised over $80 million from a16z, Hashed, and Endeavor, offers IP registration, royalty-sharing, and permissioned remixing, aiming to decentralize franchise building.

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Analysis & Implications: Goyer’s venture epitomizes the emerging creator economy in Web3, where tokenized IP and community governance challenge Hollywood’s top-down model. By placing narrative rights and royalties on-chain, creators and fans potentially share in franchise upside—aligning incentives but also demanding robust smart-contract frameworks. Yet risks abound: quality control, legal enforceability of on-chain IP, and community moderation. Will traditional studios adapt or resist? And can emergent on-chain governance scale for billion-dollar franchises? As AI and blockchain converge, the entertainment industry faces disruptive opportunities—and headwinds—around ownership, monetization, and creative collaboration.

Source: CoinDesk


4. Beyond Letters of Credit: Blockchain’s Transformative Role in Digital Trade Finance

The Story: In a comprehensive overview, Global Trade Magazine highlights blockchain’s potential to overhaul international commerce by digitizing trade finance workflows. Traditional paper-based processes—letters of credit, bills of lading—are slow, error-prone, and fraud-susceptible. Blockchain introduces immutable, shared ledgers and smart contracts that automate payment releases (e.g., upon IoT-verified delivery), collapse settlement times from weeks to hours, and enhance KYC/AML compliance via permissioned networks. Platforms such as R3’s Marco Polo, the we.trade consortium, and IBM/Maersk’s TradeLens demonstrate real-world deployments. Looking ahead, AI, machine learning, and IoT integration will further streamline risk scoring and anomaly detection—but challenges around protocol interoperability, regulatory standardization, and legal enforceability remain.

Analysis & Implications: As global trade rebounds post-pandemic, inefficiencies in trade finance cost banks and businesses billions annually. Blockchain’s promise lies in single-source-of-truth data sharing—cutting reconciliation costs and unlocking capital. For DeFi projects eyeing institutional corridors, tokenized trade-finance instruments could represent multi-trillion-dollar on-chain markets. Yet widespread adoption hinges on multi-stakeholder collaboration—banks, customs agencies, insurers, and carriers—and on harmonized regulations. The next frontier: bridging public and private blockchains, ensuring data privacy while enabling transparency. For blockchain advocates, trade finance offers both a showcase and a stern test of real-world scalability.

Source: Global Trade Magazine

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5. Argo Blockchain’s Green Mining Playbook for 2025

The Story: UK-based miner Argo Blockchain (LSE: ARB, NASDAQ: ARBK) continues to expand sustainable crypto-mining operations in 2025. Leveraging hydroelectric power in Quebec and deregulated energy in Texas, Argo mined 1,298 BTC in 2024 at 2.8 EH/s capacity. In March, it announced a $25 million credit facility to upgrade its Texas data center with next-gen ASICs—targeting a 20% hash-rate boost by Q3 2025. With 95% of Quebec power from renewables, Argo aims for 3.5 EH/s by 2026. Competitors Marathon Digital (29.8 EH/s) and Riot Platforms (22.5 EH/s) focus on vertical integration and energy arbitrage, but remain more reliant on fossil fuels. Facing Bitcoin’s price swings, halving pressure, and potential regulatory curbs, Argo’s public listing and green credentials position it to attract ESG-conscious investors.

Analysis & Implications: Crypto mining’s environmental impact remains a flashpoint. Argo’s renewable-first strategy offers a template for sustainable operations, but scaling green hashing sustainably—and profitably—poses capital and regulatory challenges. As governments scrutinize energy usage, mining hubs may shift toward regions with abundant renewables. The storage of zero-carbon electricity via mining rigs could even emerge as a grid-stabilization service. Yet profitability remains tightly coupled to Bitcoin’s price and block rewards. For institutional backers and ESG funds, companies like Argo may represent the safest crypto-mining bet. However, industry consolidation and hardware innovation cycles will determine who thrives in this high-stakes infrastructure race.

Source: Blockchain Magazine


Conclusion: Key Takeaways

  1. Infrastructure Matters: With dedicated fiber-optics rails, projects like DoubleZero spotlight that blockchain scaling is as much about hardware as code.

  2. Regional Engagement: Toobit’s European sponsorship underscores the ongoing importance of in-person community building amid evolving regulatory regimes.

  3. Creator-Economy Revolution: David Goyer’s Emergence franchise illustrates Web3’s potential—and complexities—in democratizing IP creation and monetization.

  4. Institutional Use Cases: Trade finance remains a prime arena for blockchain’s real-world impact, but adoption depends on interoperability and regulation.

  5. Sustainability Imperative: Mining firms like Argo must balance growth, profitability, and environmental stewardship to appeal to both crypto purists and ESG investors.

As the blockchain and cryptocurrency landscape advances, these stories offer a snapshot of an ecosystem grappling with scale, regulation, community, and sustainability. Stay tuned for tomorrow’s briefing—where we’ll continue to track the innovations and challenges defining Web3’s evolution.


The post Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain appeared first on News, Events, Advertising Options.

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MANTRA and WIN Investments Join Forces to Bring Real-World Sports Assets Onchain

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Abraaj Restaurants Group announces it has become the first bitcoin treasury company in the Middle East

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