Blockonomi

TLDR:

Brighty has brokered over 100 cryptocurrency-based real estate deals in Europe valued between $500,000 and $2.5 million.

Global crypto millionaires surged 40% to 241,700 individuals, driving demand for hard asset portfolio diversification strategies.

Euro-backed stablecoin transaction sizes jumped from €15,785 in Q3 to €59,894 in Q4 as buyers avoid conversion costs.

Banks reject crypto transactions despite blockchain analytics tools providing transparent due diligence on fund sources.

 

Wealthy cryptocurrency investors are increasingly using digital assets to purchase property across Europe, according to recent industry data. 

Lithuanian-licensed platform Brighty has facilitated over 100 real estate transactions for high-net-worth individuals in the past year. 

These deals, valued between $500,000 and $2.5 million, primarily involve properties in the UK, France, Malta, Cyprus, and Andorra.

Growing Demand Among Crypto Millionaires

The surge in crypto-based property purchases reflects broader market trends within the digital asset space. Global crypto millionaires increased by 40% over 12 months, reaching 241,700 individuals in 2025. 

Brighty currently serves between 100 and 150 wealthy clients, with an average monthly spending of approximately $50,000 per customer.

“We have between 100 and 150 wealthy customers, and it’s growing fast,” said Nikolay Denisenko, co-founder and CTO of Brighty App. “The average spend for these people is around $50,000 per month. The upper bound, in terms of a use case, is buying apartments in Europe.”

Denisenko attributes this growth to practical advantages over traditional banking systems. Banks often refuse to process large cryptocurrency transactions despite available blockchain analytics tools. 

The platform uses sophisticated compliance systems, including Elliptic’s blockchain analysis software, to verify the legitimacy of customer funds.

“The starting point is these investors hold crypto, and that can scare banks, even though these people have earned this wealth very transparently from Bitcoin, for example,” Denisenko explained. 

Traditional financial institutions remain cautious, yet blockchain technology enables thorough due diligence that can match conventional banking standards.

Shift Toward Euro-Pegged Stablecoins

Transaction patterns reveal a notable preference shift among wealthy buyers toward euro-denominated digital currencies. 

Average transaction sizes using euro-backed stablecoins jumped from €15,785 in Q3 to €59,894 in Q4. Buyers now favor Circle’s EURC over USDC to eliminate foreign exchange conversion costs.

“Recently, we have started seeing our customers using euro stablecoins where previously they might have used USDC,” Denisenko said. “Because if you deposit in USDC and you are buying something in Europe, you have a conversion cost.”

The move away from dollar-pegged stablecoins makes economic sense for European property purchases. Using euro stablecoins streamlines the process while reducing transaction costs considerably. 

Brighty processes payments directly from customers to sellers, bypassing exchange platforms like Binance or Kraken.

Wealthy investors view European real estate as a portfolio diversification strategy, mirroring traditional finance practices. “Our wealthy customers are simply looking to de-risk the assets in their portfolio by putting some of their money into real estate,” Denisenko noted. 

The company continues expanding partnerships with European estate agencies to accommodate growing demand.

The post Crypto Real Estate Purchases Surge in Europe as Wealthy Investors Embrace Digital Assets appeared first on Blockonomi.

TLDR:

Buterin defines “corposlop” as corporate systems blending sleek branding with unethical profit maximization.

Bitcoin maximalists recognized corporate threats early but relied on government intervention and limited functionality.

Modern sovereignty requires cryptographic privacy and resistance to corporate manipulation of user attention.

Buterin advocates privacy-preserving apps, user-controlled social media, and open-source AI for digital independence.

 

Ethereum co-founder Vitalik Buterin has outlined his vision for a “Sovereign Web” in a recent Farcaster post. 

He defined “corposlop” as corporate systems that blend sleek branding with profit-driven practices that harm users. 

Buterin advocates for privacy-focused tools, ethical financial platforms, and open-source artificial intelligence to counter corporate digital dominance.

Bitcoin Maximalists Recognized Corporate Threats Early

Buterin acknowledged that Bitcoin maximalists identified corporate exploitation before many others in the cryptocurrency space. 

Their resistance to initial coin offerings and alternative tokens stemmed from protecting Bitcoin’s sovereign nature. 

However, their approach relied heavily on government intervention and limiting Bitcoin’s functionality through restricted scripting capabilities.

The Ethereum founder explained that corposlop combines three elements: corporate optimization, polished professional branding, and unethical profit maximization. 

He pointed to social media platforms engineering dopamine-driven engagement at users’ expense. Mass data collection paired with careless management represents another facet of this corporate behavior.

I agree with maybe 60% of this, but one bit that is particularly important to highlight is the explicit separation between what the poster calls "the open web" (really, the corposlop web), and "the sovereign web".https://t.co/okseUw8F6X

This is a distinction I did not realize…

— vitalik.eth (@VitalikButerin) January 10, 2026

Buterin referenced Zac from Aztec, who previously identified similar threats to digital freedom. The concept of sovereignty has evolved beyond avoiding government control. 

Modern sovereignty requires cryptographic privacy protections and resistance to corporate manipulation of attention and spending habits.

Corporate Practices Sacrifice User Value for Engagement

Walled garden platforms charging monopolistic fees while blocking external links exemplify corporate exploitation. Entertainment companies producing endless sequels prioritize risk aversion over creative value. 

Buterin criticized corporations that embraced social justice messaging in 2020 only to mock those same causes for engagement in 2025.

He noted that these practices appear user-friendly while actually disempowering individuals. Apple received mixed assessment despite monopolistic tendencies. 

The company demonstrates non-corporate traits through long-term vision and privacy emphasis. Buterin expressed hope that Apple would abandon monopolistic practices and embrace open-source strategies.

The distinction between the “open web” and “sovereign web” proves crucial for understanding digital autonomy. 

Corporate optimization creates trend-following homogeneity that lacks authenticity. Users need tools that serve their genuine interests rather than quarterly profit targets.

Building Tools for Digital Independence and Privacy

Buterin outlined specific technological solutions for achieving digital sovereignty. Privacy-preserving applications that minimize third-party data exposure form the foundation. 

Social media platforms should empower users to control their content feeds based on long-term goals rather than impulses.

Financial tools must help users build wealth without encouraging excessive leverage or predatory lending practices. 

Artificial intelligence development should prioritize open-source models and local deployment over cloud dependence. These tools should enhance human capabilities rather than replace active learning and engagement.

Decentralized autonomous organizations can support communities pursuing unique objectives without capture by dominant groups. 

Privacy-preserving voting mechanisms that extend beyond token holders strengthen organizational independence. 

Applications and physical spaces benefit from opinionated cultures that reflect specific values and visions.

Buterin concluded his post urging the crypto community to reject corporate exploitation and maintain conviction in their principles. 

The call for sovereignty extends beyond technical solutions to encompass cultural resistance against homogenization.

The post Vitalik Buterin Calls for “Sovereign Web” to Counter Corporate Digital Exploitation appeared first on Blockonomi.

TLDR:

Stellar reaches $1 billion in tokenized real-world assets, marking growth in blockchain-based finance.

PayPal, FTDA US, and Ondo Finance partner with Stellar to expand institutional asset tokenization capabilities.

Network enables faster settlements and lower costs compared to traditional financial infrastructure systems.

Compliance-friendly infrastructure attracts regulated institutions requiring auditable on-chain transaction records.

 

Stellar has crossed the $1 billion threshold in tokenized real-world assets on its network as 2026 commences. The blockchain platform achieves this milestone through partnerships with traditional finance institutions and crypto-native companies. 

This development positions Stellar as a major infrastructure provider for bringing conventional financial products on-chain through tokenization.

Traditional Finance Integration Expands Through Strategic Partnerships

The growth of real-world assets on Stellar stems from collaborations with established financial service providers. PayPal has expanded its blockchain-based payment operations on the network, contributing to the platform’s adoption. 

FTDA US connects regulated financial markets to Stellar’s infrastructure, enabling compliant asset tokenization.

Ondo Finance drives institutional-grade tokenized asset development on the platform. These partnerships create pathways for traditional finance entities to access blockchain technology. 

The network benefits from working with companies that understand both regulatory requirements and market demands.

Starting 2026 Strong: Over $1 Billion in RWAs on Stellar $XLM

Stellar $XLM kicks off 2026 with a major milestone – more than $1 billion in Real-World Assets (RWAs) tokenized on the network. This marks a powerful step forward in bringing traditional finance on-chain and… pic.twitter.com/E7DaQJ0bT2

— Scopuly – Stellar Wallet (@scopuly) January 10, 2026

Beyond these three major partners, numerous other innovators contribute to Stellar’s ecosystem expansion. The platform has attracted projects focused on various aspects of real-world asset tokenization. 

This diverse partnership approach strengthens the network’s position in the growing tokenized economy.

Network Features Enable Efficient Asset Settlement and Global Access

Tokenized real-world assets on the Stellar bridge the gap between traditional finance and decentralized finance systems. 

The network provides infrastructure that enables faster settlement times compared to conventional financial rails. Lower transaction costs make asset transfers more economical for participants across different markets.

Stellar’s architecture supports global access to tokenized value, removing geographical barriers to asset ownership. On-chain transparency allows participants to verify transactions and asset movements independently. 

This feature builds trust among users who require auditable records for compliance and reporting purposes.

The compliance-friendly infrastructure attracts institutions that operate under strict regulatory frameworks. Stellar has designed its network to accommodate requirements from financial regulators in multiple jurisdictions. 

This approach makes the platform suitable for entities that cannot use less regulated blockchain networks.

The $1 billion milestone represents growth in adoption rather than a final achievement for the network. Stellar continues developing features that support additional real-world asset categories and use cases. 

The platform competes with other blockchain networks pursuing similar tokenization strategies across the industry. Market participants now have multiple options for bringing traditional assets on-chain through various blockchain infrastructures.

The post Stellar Network Surpasses $1 Billion in Tokenized Real-World Assets as 2026 Begins appeared first on Blockonomi.

TLDR:

Zedcex and Zedxion processed $1 billion in IRGC-linked stablecoin transactions between 2023 and 2025.

IRGC-related flows peaked at 87% of total exchange volume in 2024 before declining to 48% in 2025.

Exchanges transferred over $10 million directly to US-sanctioned Houthi terrorist financier Sa’id al-Jamal.

Babak Zanjani, previously sanctioned for laundering billions, connected to Zedxion through corporate records. 

 

Two cryptocurrency exchanges registered in the United Kingdom processed approximately $1 billion in stablecoin transactions linked to Iran’s Islamic Revolutionary Guard Corps between 2023 and 2025. 

TRM Labs research revealed that Zedcex and Zedxion operated as front companies for the sanctioned military organization, handling funds that represented 56% of their total transaction volume.

Corporate Structure Masks Operational Reality

Zedcex Exchange Ltd and Zedxion Exchange Ltd incorporated in the UK as separate legal entities but functioned as a single operation. 

Zedxion received its incorporation in May 2021, with Babak Morteza assuming directorship in October that year. 

US and EU authorities previously sanctioned Babak Morteza Zanjani in 2013 for channeling funds to an IRGC company.

Zedcex incorporated in mid-2022, days after Zanjani formally exited Zedxion. Both companies shared identical virtual office addresses and listed the same successor director. 

The exchanges filed dormant accounts through June 2025 despite processing billions in cryptocurrency transactions. 

This coordinated structure allowed the operation to spread across multiple legal shells while maintaining unified control.

Zanjani’s background as a sanctions evasion financier adds context to the exchanges’ activities. Iranian authorities arrested him for embezzling millions from Iran’s National Oil Company. 

His sentence received commutation in 2024 after repaying the funds. By 2025, Zanjani re-emerged through DotOne Holding Group, operating across cryptocurrency, logistics, and telecommunications sectors.

Blockchain Analysis Reveals IRGC Connections

TRM Labs connected Zedcex-attributed wallets directly to addresses designated by Israeli authorities as IRGC property under Administrative Seizure Order ASO-43/25. 

The National Bureau for Counter Terror Financing issued this order on September 1, 2025. Tether subsequently blocklisted many of these wallet addresses.

IRGC-linked flows through the exchanges increased from $24 million in 2023 to $619 million in 2024. The proportion of IRGC-related transactions peaked at 87% of total volume in 2024. 

In 2025, IRGC-linked activity declined to $410 million, representing 48% of total transactions as other activities expanded.

The exchanges conducted nearly all transfers in USDT on the TRON blockchain. Wallets routed funds between IRGC-controlled addresses and Iranian crypto services including Nobitex, Wallex, and Aban Tether. 

Many wallets held Zedxion (USDZ), a dollar-pegged token promoted through Persian-language Telegram channels. TRM analysts used USDZ holdings to map the exchange infrastructure.

Payment Integration and Terrorist Financing Links

Zedxion integrated with Zedpay, a mobile payment processor operating from Turkey. Zedpay maintained relationships with Turkish financial entities including Vepara and Vakif Katilim. 

Turkish regulators suspended Vepara’s license amid anti-money laundering concerns. This integration extended crypto infrastructure into fiat settlement capabilities.

On-chain analysis revealed direct transfers exceeding $10 million to Sa’id Ahmad Muhammad al-Jamal in late 2024. 

US Treasury sanctioned al-Jamal for providing material support to the IRGC and operating a smuggling network generating revenue for Houthis in Yemen. The transfers occurred without intermediary routing through brokers or mixers.

ChainUp, a Singapore-based infrastructure provider, hosted portions of the exchange operations. This white-label service allowed rapid scaling while maintaining separate wallet infrastructure for distinct activities. 

The hybrid model enabled the exchanges to process high-value transactions while presenting as conventional trading platforms.

The post UK Crypto Exchanges Moved $1 Billion for Iran’s IRGC Using Stablecoins, TRM Labs Reveals appeared first on Blockonomi.

TLDR:

Sei Wallet will be pre-installed on Xiaomi smartphones sold outside China and US starting 2026

SEI Giga upgrade scales network throughput to 200,000+ transactions per second for DeFi and gaming

Stablecoin payments launching across 20,000+ Xiaomi retail stores in Hong Kong and EU during Q2 2026

Institutional partnerships with BlackRock, Apollo, and Hamilton Lane position Sei for RWA expansion 

 

Sei Network has positioned itself for significant growth in 2026 after spending 2025 strengthening its technical foundation. 

The blockchain platform centers its expansion strategy around four core pillars: SEI Giga, Market Infrastructure Grids, Autobahn, and a partnership with Xiaomi. 

These developments aim to transition Sei from infrastructure building to widespread user adoption.

Payment Integration and Mobile Distribution Drive User Growth

The Xiaomi partnership represents Sei’s most significant catalyst for user expansion in 2026. Starting this year, Sei Wallet and application discovery features will come pre-installed on Xiaomi smartphones sold outside China and the United States. 

This distribution channel provides access to hundreds of millions of potential users across global markets.

The partnership extends beyond wallet integration to include stablecoin payment capabilities. Sei will launch stablecoin payments across more than 20,000 Xiaomi retail stores in Q2 2026. 

The initial rollout targets Hong Kong and European Union markets, transforming Sei into a functional payments layer rather than solely a trading chain.

Industry analysts have labeled 2026 as Sei’s mass adoption year based on real-world distribution channels. The platform’s daily active addresses already reached 1.3 million in early 2026. 

➥ From Infrastructure to Mass Adoption: Decoding Sei’s 2026 Narratives

I’ve written a lot about how @SeiNetwork spent 2025 quietly laying the groundwork optimizing infrastructure so 2026 can be the year of real mass adoption.

At the core of this push are four major pillars:

-… pic.twitter.com/YWGnWuWguG

— Tanaka (@Tanaka_L2) January 10, 2026

The Xiaomi integration could scale the user base from millions to hundreds of millions over the course of the year.

This distribution strategy reduces onboarding friction substantially compared to traditional blockchain adoption methods. 

Users gain immediate access to Sei’s ecosystem through pre-installed applications on devices they already use. The retail payment infrastructure further bridges the gap between cryptocurrency and everyday transactions.

High-Performance Infrastructure Attracts DeFi and Institutional Capital

The SEI Giga upgrade forms the technical backbone of the network’s 2026 roadmap. This infrastructure enhancement scales throughput to over 200,000 transactions per second. 

The system supports high-frequency trading, decentralized finance applications, and gaming without network congestion.

Performance metrics from 2025 demonstrate growing momentum across trading categories. Perpetual volume increased by more than 19,000 percent during the year. 

Spot trading volume reached approximately $4 billion in Q3 2025 alone, indicating strong market activity.

Protocols such as Oxium and Monaco lead the development of decentralized finance using a central limit order book architecture. 

This design optimizes capital efficiency for traders and liquidity providers. Additional ecosystem projects include Yei Finance, Takara Lend, Dragon Swap, and Sailor Finance, expanding the DeFi landscape.

Sei targets institutional adoption through partnerships with BlackRock, Apollo, and Hamilton Lane. Market Infrastructure Grids connect enterprise partners, including Circle, PayPal, Revolut, and LayerZero. 

The current real-world asset market stands at roughly $19 billion, with Sei positioning itself as infrastructure for tokenized assets. Japan’s FSA approval provides regulatory support, while Securitize and Kaio serve as institutional gateways to the network.

 

The post Sei Network Eyes Mass Adoption in 2026 Through Infrastructure Upgrades and Strategic Partnerships appeared first on Blockonomi.

TLDR:

SEI demonstrates the cleanest technical structure with well-defined support levels attracting buyers at $0.12

Kaspa trades in a critical decision zone showing seller exhaustion after multiple successful support retests

Injective consolidates sideways at $5.19, rebuilding market confidence through time rather than price movement

All three Layer-1 tokens exhibit non-euphoric behavior, suggesting healthy accumulation over speculative chasing

 

Three prominent Layer-1 cryptocurrencies are currently displaying unique market characteristics that merit attention from traders and investors. 

SEI trades at $0.12, Kaspa maintains its position in a critical decision zone, and Injective holds at $5.19. Each token presents different risk-reward scenarios based on technical structure and price behavior. 

The current market environment favors patience over speculation as these assets consolidate near important support levels.

Market Structure Reveals Critical Decision Points

Kaspa’s price action demonstrates compression near a well-tested base that has held through multiple attempts. The repeated tests without breakdown suggest seller exhaustion may be approaching. 

This creates a decision zone where the market evaluates the next directional move. The structure doesn’t indicate an imminent breakout but positions the asset for potential resolution.

Injective’s chart reflects a cooling period following an extended trend. The price remains distant from resistance levels, reducing immediate upside pressure. 

This positioning allows for rally attempts without facing instant selling pressure. The current formation favors patient capital over momentum-driven strategies.

SEI exhibits the most defined technical structure among the three assets. Clear support zones and reaction levels create a framework that attracts technically oriented market participants. 

LAYER-1 PRICE ACTION : DEEP DIVE

→ $KAS
→ $INJ
→ $SEI

This is about context, structure, and decision making.

Let’s break this down across three lenses.

And see which one is sitting in the strongest position.

1⃣ Structure & Location: Where price actually is

➥ Kaspa… pic.twitter.com/CWZe2hWp4T

— Our Crypto Talk (@ourcryptotalk) January 10, 2026

The clean price action reduces uncertainty and provides straightforward entry and exit parameters. This clarity typically draws capital seeking reduced volatility during consolidation phases.

Price Behavior Signals Accumulation Patterns

Kaspa’s behavior indicates quiet accumulation as dips into support zones receive buying interest without aggressive continuation. 

This pattern often frustrates both bullish and bearish positions before eventual resolution. The measured response suggests smart money positioning rather than retail chasing. Such zones typically precede significant moves once accumulation completes.

Injective appears to be rebuilding confidence through time rather than price movement. After serving as a market leader, the asset now consolidates sideways. 

This reset process allows previous participants to adjust expectations. Strong assets frequently employ this strategy before initiating new upward legs.

SEI demonstrates relative stability compared to peers still processing previous cycles. The composure during broader market uncertainty positions it favorably for rotation trades. 

When liquidity seeks cleaner structures, assets with defined support often receive preferential treatment. The technical clarity provides confidence for capital deployment.

Risk Management Defines Trading Opportunity

Kaspa offers clearly defined risk parameters that simplify decision-making processes. A break below the current base would invalidate the bullish thesis quickly. 

Conversely, holding support significantly improves upside asymmetry. This binary setup reduces ambiguity for risk management.

Injective carries opportunity cost considerations as the timeframe for resolution remains uncertain. The thesis may prove correct but require extended patience. 

This characteristic suit long-term holders better than active traders seeking near-term catalogs.

SEI provides the cleanest invalidation level among the three options. The straightforward structure eliminates overthinking and reduces position stress. 

Support either holds and structure improves or breaks and signals exit. This simplicity often correlates with superior risk-adjusted returns during uncertain markets.

The post Layer-1 Price Analysis: SEI, Kaspa, and Injective Signal Critical Technical Zones Amid Market Consolidation appeared first on Blockonomi.

TLDR:

XRP’s 30-day volume Z-score stands at 0.44, reflecting slightly above-average activity within the normal range. 

Current trading volume indicates balanced buyer-seller dynamics rather than speculative-driven price movements. 

Z-score readings above 1.5 or 2 would signal new liquidity inflows and potentially stronger upward momentum ahead. 

The market appears to be in a consolidation phase, requiring clear volume confirmation before any significant directional move. 

 

XRP maintains its position above the $2 threshold as Binance data reveals a moderate trading volume Z-score of 0.44. 

The metric suggests balanced market conditions without speculative excess, indicating a period of stability rather than heightened volatility.

Trading Volume Remains Within Normal Range

The 30-day Z-score for XRP trading volume currently stands at 0.44, according to Binance exchange data. This reading indicates that current trading activity exceeds the 30-day average by a modest margin. 

However, the volume level remains firmly within normal parameters and shows no signs of unusual market behavior.

Z-score values above +2 typically represent significant capital inflows or sharp speculative surges in the cryptocurrency markets. 

Source: Cryptoquant

Conversely, negative readings point to clear signs of reduced trading activity and market disengagement. The current 0.44 reading falls into what analysts classify as the positive neutral zone.

The absence of elevated Z-score readings suggests XRP’s recent price stability above $2 stems from balanced trading dynamics. 

Market participants on both sides appear relatively matched in their activities. This pattern differs markedly from price movements driven by speculative frenzies or panic selling.

Market Consolidation Phase Potentially Underway

The current volume characteristics point to a possible consolidation or accumulation phase following earlier volatility periods. 

Such Z-score levels frequently emerge during anticipation phases before larger directional moves materialize. Market observers note these conditions often precede significant price action once clarity emerges.

A subsequent price increase accompanied by Z-score readings climbing above 1.5 or 2 would signal fresh liquidity entering the market. 

This combination typically marks the beginning of stronger upward trends with sustainable momentum. Traders often monitor these threshold crossings as confirmation signals for position adjustments.

Alternatively, declining trading volume and Z-score readings approaching zero or negative territory could indicate shifting market dynamics. 

Such conditions may lead to increased downward price pressure or extended sideways trading patterns. The market would likely require external catalysts to break from range-bound behavior under these circumstances.

The present Z-score reading offers no definitive directional signal for immediate trading decisions. Rather, it confirms relative market stability at current price levels. 

Any substantial move forward will require clear volume confirmation before technical analysts can validate the trend. Market participants should monitor both price action and volume metrics for emerging patterns.

The post XRP Maintains $2 Support as Volume Metrics Show Balanced Market Conditions appeared first on Blockonomi.

TLDR:

Rospatent approved Tether’s Hadron trademark application filed in October 2025 within three months.

Trademark protection covers crypto trading, payment processing, and blockchain financial services.

USDT maintains $187 billion market cap, ranking third globally and first among stablecoins.

Hadron platform launched November 2024 enables tokenization of stocks, bonds, and reward points. 

 

Tether has secured trademark registration for its Hadron asset tokenization platform in Russia, according to RIA Novosti. 

The development marks a notable expansion of the stablecoin issuer’s intellectual property protections in the country. 

Rospatent approved the application in January 2026, granting exclusive rights until October 2035.

Trademark Coverage and Protected Services

The registered trademark features a distorted hexagon design with three smaller hexagons inside. 

Tether filed the application with Rospatent in October 2025, receiving approval within three months. The trademark grants protection across multiple blockchain-based financial service categories.

According to RIA, Tether has registered the trademark for its asset tokenization platform Hadron in Russia. The application was filed in Oct 2025 and approved in Jan 2026, with trademark protection valid until Oct 2035. The trademark covers blockchain-based financial services,…

— Wu Blockchain (@WuBlockchain) January 11, 2026

The registration covers cryptocurrency trading and exchange services utilizing blockchain technology. 

Additionally, it includes cryptocurrency payment processing and transfer operations. Financial advisory services in the cryptocurrency sector also fall under the trademark’s scope.

Rospatent’s approval allows Tether to use the trademark exclusively across Russia until 2035. The protection encompasses the provision of financial information related to digital currencies. 

This registration strengthens Tether’s position in the Russian market for blockchain-based financial solutions.

Hadron Platform Launch and Tether’s Market Position

Tether unveiled the Hadron platform in November 2024, introducing broad tokenization capabilities. 

The platform enables the conversion of various assets into digital tokens on blockchain networks. Users can tokenize stocks, bonds, and even reward points through the system.

Tether Limited operates as the issuer of multiple stablecoins pegged to real-world assets. The company maintains stablecoins tied to the US dollar, euro, and gold. USDT remains the flagship product with substantial market presence and adoption.

As of January 2026, USDT holds approximately $187 billion in market capitalization. The stablecoin ranks third among all cryptocurrency assets globally. 

Within the stablecoin category, USDT maintains the top position by market value and trading volume.

The trademark registration in Russia coincides with Tether’s broader expansion strategy for Hadron. The platform aims to democratize access to tokenized assets across different categories. This registration provides legal protection for the brand as Tether develops its tokenization services in the Russian market.

The post Tether Secures Hadron Platform Trademark in Russia Through 2035 appeared first on Blockonomi.

TLDR:

Ethereum market share assumptions increased to 85% from 70% as Layer 2 networks gain traction across DeFi sectors

Revenue projections adjusted upward to $130 billion for 2030 driven by stablecoin volume and blob fee mechanisms

Circulating supply estimate reduced to 95 million ETH from 100.1 million due to staking and fee burn dynamics

Terminal valuation multiple raised to 40x reflecting Ethereum’s role as global settlement infrastructure layer

 

A revised analysis of VanEck’s Ethereum valuation model suggests the asset could reach between $55,000 and $65,000 by 2030. 

The update reflects structural changes in Ethereum’s market position and revenue generation since the original forecast. 

Analyst Joseph Young shared the recalculated projections on social media, noting substantial shifts in key metrics that drive the model’s output.

Market Share and Revenue Projections Show Major Growth

The original VanEck model from 2024 estimated Ethereum’s base case price at approximately $22,000 for 2030. That forecast assumed Ethereum would maintain a 70% market share across decentralized finance, stablecoins, and tokenization sectors. 

Current data indicates the network now commands over 60% dominance in these categories. Layer 2 solutions built on Ethereum have accelerated adoption rates. The updated model adjusts market share assumptions to 85% based on this trajectory.

VanEck ETH forecast going around now is outdated.

In 2024, VanEck estimated a 2030 ETH base case of ~$22K.

a lot has changed since then.

if we rerun VanEck’s model using today’s data, the base case moves significantly higher:

$22K -> $55K

here's why

VanEck's valued ETH…

— Joseph Young (@iamjosephyoung) January 10, 2026

Revenue projections have also shifted upward from the initial $78 billion estimate for 2030. Stablecoin transaction volumes now exceed $8 trillion per quarter across Ethereum and its Layer 2 networks. 

Blob fees introduced through recent upgrades generate additional income streams. Real-world asset tokenization has emerged as a significant revenue source. The revised model increases the 2030 revenue target to approximately $130 billion.

Supply dynamics present another variable that affects price calculations. VanEck originally projected 100.1 million ETH in circulation by 2030. 

Higher staking participation rates and increased blob fee burns have reduced supply expectations. 

The updated analysis revises the 2030 supply figure down to 95 million ETH. This reduction amplifies the price impact of projected cash flows.

Valuation Multiple Reflects Expanded Network Function

The terminal multiple applied to Ethereum’s cash flows represents how the market values the network’s future earnings. 

VanEck’s original model used a 33x multiple based on Ethereum’s role as a Layer 1 blockchain. The network has since evolved beyond basic smart contract functionality. 

Ethereum now processes settlement for stablecoins, decentralized finance protocols, and tokenized assets.

Joseph Young’s analysis suggests the terminal multiple should increase to 40x. This adjustment accounts for Ethereum’s position as infrastructure for global financial settlement. 

The network handles clearing operations for multiple asset classes. Institutional adoption of Ethereum for settlement continues to expand.

Ethereum currently trades at $3,085.41 with daily volume exceeding $6.9 billion. The updated forecast model applies VanEck’s original methodology with refreshed inputs. 

The calculation divides projected 2030 cash flows by circulating supply, then multiplies by the terminal valuation multiple. Using current market conditions and growth trajectories, this produces the $55,000 to $65,000 range.

The post VanEck Ethereum Model Projects $55K Price Target by 2030 Amid Network Growth appeared first on Blockonomi.

TLDR:

ERC20 stablecoin active addresses maintain near-record levels despite ongoing crypto market corrections.

Emerging markets in Asia, Latin America, and Africa drive structural growth through payment applications.

Capital concentrates in Bitcoin and stablecoins rather than dispersing across speculative altcoin markets.

Japan’s JPYC faces adoption barriers from one million yen per-user issuance caps limiting liquidity growth.

 

Stablecoins continue to demonstrate resilience as on-chain metrics reach near-historic highs despite broader crypto market stagnation. 

ERC20 stablecoin active addresses maintain elevated levels while total supply expands, suggesting a fundamental shift toward practical utility. 

Recent data from cryptoquant analyst XWIN Research Japan indicates this growth persists independent of speculative trading cycles and price volatility.

Growth Concentrated in Emerging Markets and Traditional Finance

The expansion of stablecoin usage shows distinct geographic patterns, with adoption accelerating in regions facing economic instability. 

High-inflation economies across Asia, Latin America, and Africa drive structural demand for dollar-denominated digital assets. 

Cross-border transfers and business-to-business payments represent the primary use cases in these markets, where traditional banking infrastructure remains limited or costly.

Regulatory developments in North America and Europe have enabled institutional participation in stablecoin markets. Financial institutions increasingly deploy these assets for commercial applications, moving beyond retail speculation. 

This adoption by traditional finance marks a departure from earlier crypto cycles dominated by trading activity. Capital concentration now favors Bitcoin and stablecoins over alternative cryptocurrencies, according to XWIN Research analysis.

Market corrections have not reversed these trends, as both active addresses and supply metrics remain stable. This resilience suggests users maintain stablecoin holdings for transactional purposes rather than temporary speculation. 

The pattern aligns with observations that real-demand assets attract capital during periods of market weakness. Traditional market dynamics appear less relevant as stablecoins establish independent utility.

Japan Faces Structural Challenges Despite Growing Interest

Domestic stablecoin development in Japan centers on JPYC, a yen-pegged digital currency attracting gradual attention. 

However, practical adoption remains constrained by regulatory limitations that restrict functionality. The current framework imposes a one-million-yen issuance cap per user, creating liquidity bottlenecks that hinder commercial viability.

These restrictions place Japan at risk of falling behind global stablecoin infrastructure development. Other jurisdictions have moved toward clearer frameworks that enable larger-scale deployment. 

The gap between regulatory intentions and market requirements threatens to marginalize Japanese participation in this emerging financial layer. XWIN Research identifies this disconnect as a critical issue for domestic competitiveness.

Whether JPYC can transition from concept to functional infrastructure represents a test case for Japan’s digital asset strategy. 

The current regulatory environment prioritizes consumer protection but may inadvertently limit innovation and adoption.

Market participants await policy adjustments that could enable meaningful commercial deployment while maintaining appropriate safeguards.

The post Stablecoins Shift to Real-World Infrastructure as On-Chain Activity Reaches Historic Highs appeared first on Blockonomi.

TLDR:

DeFi TVL grew only 10% in four years from $204B in 2021 to $225B in October 2025, signaling saturation.

Stablecoins USDT and USDC command $260B, exceeding DeFi TVL and proving sustained onchain demand exists.

Yield-bearing stablecoins reached $20B value but primarily serve crypto-natives, missing mass market reach.

Traditional fintech manages $2T in assets versus DeFi’s $164B, revealing massive untapped retail opportunity. 

 

Decentralized finance total value locked reached $225 billion in October 2025, marking a fresh all-time high for the sector. 

The milestone comes four years after DeFi last peaked at $204 billion in late 2021. However, the modest 10% increase over this period raises questions about where sustained growth will originate as crypto-native participants appear fully deployed.

Stablecoins Signal Untapped Potential

The stablecoin market demonstrates resilience that DeFi has yet to fully capture. USDT and USDC command over $260 billion in combined value, surpassing the entire DeFi ecosystem. 

Users continue minting stablecoins regardless of market conditions, proving persistent demand exists for onchain financial activity.

Yield-bearing stablecoins have emerged as a bright spot worth noting. According to @stablewatchHQ, these instruments now represent over $20 billion in value.

Products such as sUSDS and sUSDe gained substantial traction throughout the past year. Real-world assets similarly show promise with treasury-backed yields attracting capital.

The catch remains clear: these products primarily serve crypto-natives and large holders. Their adoption among retail users stays limited despite offering competitive returns. Mass market penetration requires better packaging and clearer communication of benefits to everyday consumers.

Protocols like @aave, @ethena_labs, and @pendle_fi proved demand for yield products remains strong in 2025. These platforms attracted significant capital and user attention. Their success indicates broader appetite for accessible yield opportunities when presented effectively.

Bridging the Gap to Retail Users

The scale difference between DeFi and traditional fintech reveals untapped opportunity. Current DeFi TVL sits around $164 billion while mobile fintech apps manage over $2 trillion globally. The top 100 neobanks alone hold $2.4 trillion in total assets. DeFi represents a fraction of this market.

Banking and fintech apps serve hundreds of millions of users comfortable managing money from mobile devices. Capturing even a small percentage of this audience would catalyze substantial DeFi growth. The infrastructure exists but accessibility barriers persist.

Future expansion depends on simplifying yield access for average users rather than launching more complex products. The market needs fewer yield farms and perpetual exchanges.

Instead, protocols must focus on straightforward, reliable offerings that address real consumer needs.

Embedded DeFi integration with existing fintechs and neobanks will facilitate onboarding. Yet protocols that successfully target consumers directly will capture disproportionate value. Teams optimizing solely for crypto-natives risk stagnation as that audience reaches saturation.

The path forward requires DeFi to compete for mainstream attention. Products must match the ease and safety standards retail users expect from traditional financial services.

Success means moving beyond the current $200 billion ceiling that has constrained the sector across two market cycles.

The post DeFi TVL Hits $225B All-Time High But 10% Growth in Four Years Sparks Concerns appeared first on Blockonomi.

TLDR:

Tennessee regulators issued cease-and-desist orders to three prediction markets on Jan. 9, 2025.

Platforms must halt operations, void contracts, and refund deposits to Tennessee residents by Jan. 31.

Non-compliance could result in $25,000 civil penalties per violation and potential felony charges.

Companies argue their CFTC oversight differs from traditional sportsbooks despite state challenges. 

 

Tennessee regulators have ordered three prediction market platforms to cease sports event contract offerings to state residents. 

The Tennessee Sports Wagering Council issued cease-and-desist letters to Kalshi, Polymarket, and Crypto.com on Jan. 9. 

The firms must halt operations, void existing contracts, and refund deposits by Jan. 31. State officials claim the platforms violated gambling laws despite federal oversight.

State Regulators Challenge Federal Jurisdiction

The Sports Wagering Council contends that sports event contracts constitute illegal wagering under Tennessee law. All three companies operate as designated contract markets registered with the Commodity Futures Trading Commission. 

However, Tennessee’s Sports Gaming Act requires entities accepting sports wagers to hold state licenses. None of the platforms currently possess such authorization.

Tennessee regulators in the U.S. state of Tennessee have issued cease-and-desist orders to Kalshi, Polymarket, and other prediction markets, requiring them to stop offering sports event contracts to state residents. The SWC said such contracts constitute unlicensed sports betting…

— Wu Blockchain (@WuBlockchain) January 10, 2026

The regulatory letters state specific violations by the companies operating in Tennessee. “Accordingly, the sports events contracts offered … are Wagers under the Act and are being offered illegally in violation of Tennessee law and regulations,” the letters state. 

The platforms allow users to purchase contracts based on sporting event outcomes. State regulators view this activity as unlicensed sports betting rather than legitimate derivatives trading.

The dispute highlights ongoing tensions between federal and state regulatory frameworks. While the CFTC oversees these platforms at the federal level, states maintain authority over gambling within their borders. 

Tennessee joins other states that have pursued similar enforcement actions against prediction markets.

Compliance Deadline and Potential Penalties

The companies face a Jan. 31 deadline to comply with the cease-and-desist orders. They must terminate all operations involving Tennessee residents during this period. 

Open contracts with state residents require immediate voiding under the directive. Platforms must also return deposits to affected users by the deadline.

Non-compliance carries substantial consequences under Tennessee law. The state can impose civil penalties reaching $25,000 per violation. 

Criminal referrals for aggravated gambling promotion remain possible for continued violations. Such charges constitute felony offenses under state statutes.

Connecticut issued similar orders to Robinhood, Kalshi, and Crypto.com in December. The platforms defended their operations by citing federal CFTC regulation. 

Jack Such, a Kalshi spokesperson, said their offerings are “very different from what state-regulated sportsbooks and casinos offer their customers.” 

The companies maintain their services operate legally under federal derivatives regulations despite state-level challenges.

The post Tennessee Orders Kalshi, Polymarket, and Crypto.com to Cease Sports Betting Operations appeared first on Blockonomi.

TLDR:

Banks hold trillions in zero-yield deposits and fear stablecoins offering 3-5% Treasury-backed returns.

The same banking lobby behind Operation Choke Point now blocks bipartisan Clarity Act legislation.

Deposit flight to stablecoin wallets represents an existential threat to traditional banking models.

Compromise proposals like Alsobrooks would limit yields to staked stablecoins, not passive holdings. 

 

The Clarity Act continues to face significant delays despite bipartisan support, with the primary obstacle now clearly identified. 

Traditional banking institutions are actively blocking legislation that would allow stablecoin holders to earn yields on their digital dollar holdings. 

Industry analyst MartyParty revealed the underlying dynamics in a detailed post, explaining how banking lobbyists have stalled crypto legislation to protect their business model. 

The core issue centers on stablecoins backed by US Treasuries generating 3-5% returns while bank accounts offer zero interest to depositors.

Banks Fight to Preserve Zero-Yield Deposit Model

The fundamental reason for the Clarity Act’s delay lies in banking industry self-preservation. Banks currently hold trillions in customer checking accounts that earn nothing for depositors. 

These zero-yield deposits form a critical profit center for traditional financial institutions. Allowing stablecoin holders to earn Treasury-backed yields would trigger catastrophic deposit flight.

MartyParty explained that blockchain technology directly threatens bank existence by eliminating intermediary requirements. The same banking lobby that orchestrated Operation Choke Point now wages war against crypto legislation. 

Why the Clarity Act is delayed and stalled.

Understand that Stablecoins are the future of the financial economy and are digital US debt which is called “money” to most people, and will revolutionize how we transact and boost GDP, lower inflation and catalyze massive growth and…

— MartyParty (@martypartymusic) January 10, 2026

Their resistance stems from recognition that consumers would rationally abandon zero-yield accounts for 3-5% stablecoin returns.

This deposit flight scenario represents the banking sector’s worst nightmare. Trillions would drain from traditional accounts into crypto wallets virtually overnight. 

Banks understand they cannot compete with Treasury-backed yields while offering nothing to checking account holders. The Clarity Act remains stalled because banking lobbyists refuse to accept their own obsolescence.

Weekend Negotiations Produce Limited Compromise Frameworks

Recent weekend meetings generated compromise proposals attempting to break the legislative deadlock. The Alsobrooks Proposal distinguishes between passive and active stablecoin holdings as a potential middle ground. 

Under this framework, only “staked” or non-passive stablecoins would qualify for yield generation.

MartyParty characterized these compromises as desperate banking industry survival tactics rather than good-faith negotiations. 

Financial institutions continue fighting aggressively to limit any yield-earning mechanisms for digital dollar holders. Their lobbying efforts target the specific provisions that would unlock stablecoin adoption at scale.

The delayed legislation would otherwise revolutionize financial transactions and strengthen dollar reserve currency status. 

Stablecoins represent digital US debt that could boost GDP and lower inflation through increased efficiency. However, the Market Structure and Clarity laws remain blocked because banks prioritize short-term survival over long-term economic benefits. 

Banking lobbyists maintain their stranglehold on Congressional progress, explaining why transformative bipartisan legislation cannot advance despite widespread support for cryptocurrency integration.

The post Banking Lobby’s War on Stablecoin Yields: Here Is The Real Reason Why Clarity Act Remains Stalled appeared first on Blockonomi.

TLDR:

Americans currently pay 20-30% interest on $1.3 trillion in credit card debt, losing over $100 billion yearly

A 10% rate cap could free household income for spending, potentially boosting equity and cryptocurrency markets

Banks may protect profits by tightening lending standards, reducing credit limits and approval rates nationwide

Policy success depends on implementation balance between consumer relief and maintaining credit market access

 

President Trump has announced plans to cap credit card interest rates at 10% starting January 20, 2026. The proposal targets an industry where Americans currently pay between 20% and 30% interest on outstanding balances. 

With over $1.3 trillion in credit card debt nationwide, the potential shift could redirect more than $100 billion in annual interest payments back into household budgets.

Consumer Spending Power and Market Response

The proposed rate cap would reduce monthly interest obligations for millions of cardholders across the country. 

According to market analyst Bull Theory, this reduction could free up substantial household income for other uses. Families would retain more cash each month instead of sending it to financial institutions.

That retained income could flow into several areas of the economy. Households might pay down other debts, cover daily expenses more easily, or increase discretionary spending. 

President Trump says the credit card interest rates will be capped at 10% starting Jan 20, 2026.

This would be one of the biggest changes to consumer finance in decades.

Right now, most Americans are paying 20–30% interest on their credit cards. That means a large part of… pic.twitter.com/a34angbJ9k

— Bull Theory (@BullTheoryio) January 10, 2026

The direct liquidity injection would improve financial flexibility for consumers carrying balances. Bull Theory notes that equity markets typically respond first when household risk appetite increases. 

Cryptocurrency markets often follow equity trends as investor confidence spreads across asset classes.

The mechanism works through basic consumer psychology and portfolio allocation. When people feel financially secure, they explore riskier investments. 

When credit card payments drop, monthly budgets become less strained. That psychological shift can translate into broader market participation and increased capital flows.

Banking Sector Adjustments and Credit Access

Financial institutions derive significant revenue from credit card interest. The proposed cap would compress profit margins substantially for major card issuers. 

Banks face a strategic choice between accepting lower returns or adjusting their lending practices to maintain profitability.

Tighter lending standards represent the primary risk factor in this scenario. Institutions might reduce credit limits for existing customers or deny applications more frequently. 

Stricter approval criteria could exclude millions of borrowers who currently qualify under existing standards. That contraction would reverse the intended benefits of the rate cap policy.

Bull Theory identifies two distinct outcomes based on how banks respond to the new regulations. If credit remains accessible, consumer spending rises and supports broader economic activity. 

That scenario benefits retail sectors and creates favorable conditions for risk assets including cryptocurrencies. Alternatively, if banks restrict lending aggressively, the opposite occurs. 

Reduced credit availability curtails spending, slows economic circulation, and creates headwinds for growth-sensitive investments. 

The implementation details will determine whether the policy delivers stimulus or constraint to household finances and downstream markets.

The post Trump’s 10% Credit Card Rate Cap: A Double-Edged Sword for Consumers and Crypto Markets appeared first on Blockonomi.

TLDR:

Binance experienced its largest USDT withdrawal since September, with over $1.25 billion leaving the exchange.

Total USDT reserves on Binance dropped from $11.3 billion to $9.6 billion within a 48-hour window this week.

Whale wallets holding over $100 million accumulated $4.7 billion USDT on Ethereum during the same timeframe.

Declining exchange liquidity combined with whale accumulation suggests cautious repositioning among major holders.

 

Binance recorded its largest USDT outflow since September, with withdrawals exceeding $1.25 billion in a single day. 

The exchange’s stablecoin reserves fell from $11.3 billion to $9.6 billion between January 8 and January 10. 

Meanwhile, whale wallets accumulated $4.7 billion in USDT on the Ethereum network during the same period.

Large-Scale Withdrawals Signal Shifting Market Dynamics

Daily netflow data revealed substantial negative movement on Binance’s platform this week. The exchange saw USDT withdrawals surpass deposits by more than $1.25 billion. This marked the most significant single-day outflow in nearly four months.

Cumulative netflow charts showed a clear contraction in available USDT liquidity on the platform. 

                                                                Source: Cryptoquant

The green area representing USDT reserves declined noticeably over 48 hours. Binance’s total USDT holdings dropped by approximately $1.7 billion during this timeframe.

Historical patterns suggest declining stablecoin reserves on spot exchanges often correlate with reduced immediate buying pressure. 

However, such movements do not necessarily indicate bearish sentiment in all cases. Market participants frequently withdraw stablecoins during profit-taking phases or periods of heightened caution.

The timing of these outflows coincided with broader market volatility across cryptocurrency markets. 

Traders appear to be repositioning their capital in response to recent price movements. Such behavior typically reflects a more conservative approach to market exposure during uncertain periods.

Whale Accumulation Contrasts With Exchange Outflows

Data from the Ethereum ERC20 network painted a different picture for large holders. Wallets containing over $100 million in USDT added $4.7 billion on January 9. Smaller retail wallets remained relatively flat during the same observation period.

                                                                             Source: CryptoQuant

The divergence between exchange outflows and whale accumulation presents an interesting market structure. 

Large holders appeared to move stablecoins off exchanges while consolidating positions in private wallets. Retail participants showed minimal activity across various wallet size categories.

This distribution pattern reflects a temporary cooling in risk appetite rather than outright market pessimism. 

Stablecoin flows provide valuable insight into participant behavior and liquidity positioning. The current environment shows reduced capital available for immediate spot market deployment.

Market observers noted that less USDT on exchanges, combined with higher whale holdings, creates specific conditions. Buying pressure may decrease in the short term if sudden demand materializes. 

Concentrated holdings in large wallets could also enable rapid redeployment when conditions shift. Tracking these flows offers clarity on liquidity trends and participant positioning across the cryptocurrency ecosystem.

The post Binance Records $1.25B USDT Outflow as Whale Wallets Accumulate $4.7B in Stablecoins appeared first on Blockonomi.

TLDR:

Dollar Index has weakened over six weeks, creating liquidity-positive conditions for Bitcoin and equities.

Federal Reserve begins balance sheet expansion through Treasury purchases for first time since 2022.

Net Fed Liquidity rising after late 2025 decline, expected to continue moderately higher through 2026.

Increasing Fed rate cut expectations could accelerate dollar weakness as other central banks slow easing. 

 

The Dollar Index has weakened over the past six weeks, creating favorable conditions for risk assets including cryptocurrencies and equities. 

This development comes as the Federal Reserve begins expanding its balance sheet through Treasury bill purchases, marking the first expansion since 2022. 

Market observers view the dollar’s decline as liquidity-positive, potentially benefiting Bitcoin and traditional risk assets throughout 2026.

Dollar Decline Creates Liquidity Tailwind

The weakening dollar has reversed months of pressure on risk assets. According to Milk Road Macro’s analysis, the Dollar Index rate of change shows strong correlation with S&P 500 and Bitcoin performance. 

A strengthening dollar previously acted as a drag on prices through late 2025 by tightening financial conditions domestically and reducing global liquidity.

As always, the dollar is a very important thing to watch.

The Dollar Index (DXY) has continued to weaken over the past six weeks.

This can be considered “liquidity-positive” and is generally good news for risk assets.

When the dollar strengthens, it tightens financial… pic.twitter.com/AAwTJGcmwR

— Milk Road Macro (@MilkRoadMacro) January 10, 2026

The relationship between dollar strength and asset prices operates through multiple channels. When the dollar strengthens, it removes liquidity from global markets and makes dollar-denominated assets more expensive for international investors. Conversely, dollar weakness injects liquidity into the system and reduces financial stress.

Current market positioning suggests the dollar could face additional downward pressure. The Federal Reserve’s recent balance sheet expansion adds a new bearish factor to the currency’s outlook. 

While these Reserve Management Purchases differ from traditional quantitative easing, they still inject liquidity into financial markets.

Federal Reserve Policy Shift Could Accelerate Trend

The Federal Reserve’s Net Liquidity metric has begun rising after dropping sharply in late 2025. This measure tracks all liquidity-altering components of the central bank’s operations. 

Reserve Management Purchases will continue driving this metric moderately higher throughout 2026, creating ongoing pressure on the dollar.

Market expectations for Federal Reserve rate cuts represent another potential catalyst for dollar weakness. Current projections anticipate two to three rate cuts during 2026. 

However, if these expectations increase while other central banks slow their easing cycles or maintain rates, the dollar could see meaningful declines.

The divergence in global monetary policy creates important dynamics for currency markets. Many international central banks are projected to reduce the pace of rate cuts or potentially reverse course with rate increases. 

This policy gap would make dollar-denominated assets relatively less attractive and accelerate the currency’s decline.

The combination of expanding Federal Reserve liquidity and potential rate cuts establishes a bearish foundation for the dollar. 

Market participants monitoring these developments can position accordingly, as sustained dollar weakness typically provides sustained support for risk assets across equity and cryptocurrency markets.

The post Dollar Index Weakness and Fed Balance Sheet Expansion Signal Better Conditions for Bitcoin and Risk Assets appeared first on Blockonomi.

TLDR:

Zerion’s TRON integration provides access to over $80 billion in circulating stablecoin supply and 357 million user accounts.

Users can now send and receive USDT (TRC-20) and TRX directly within Zerion without needing separate network-specific wallets.

TRON has processed over 12 billion in total transaction volume, establishing itself as a dominant stablecoin network.

The integration is live across all Zerion mobile apps, offering unified tracking of TRON assets alongside other blockchain holdings.

 

Zerion has announced the integration of TRON network into its multi-chain wallet platform. The update allows users to manage, track, and swap digital assets on TRON within Zerion’s self-custodial interface. 

This development expands access to one of the world’s most active Web3 ecosystems for Zerion’s user base.

TRON’s Role in Global Stablecoin Infrastructure

The integration acknowledges TRON’s position as a backbone for global stablecoin activity and payment settlement. 

Zerion users can now access TRON’s high-speed transactions and low-cost infrastructure that have established the network as a preferred choice for crypto payments. 

TRON currently maintains over $80 billion in circulating stablecoin supply across its network.

The platform serves more than 357 million user accounts and has processed over 12 billion in total transaction volume. 

These metrics demonstrate TRON’s extensive reach within the cryptocurrency ecosystem. Users can now tap into this liquidity through Zerion’s unified interface without switching between different wallet applications.

. @zerion announced the strategic integration of the TRON network into its multi-chain wallet platform.

This major update empowers users to manage, track, and swap digital assets on the TRON network within Zerion's secure, self-custodial interface, marking a significant… pic.twitter.com/aXZc5VZwnU

— TRON DAO (@trondao) January 9, 2026

According to Evgeny Yurtaev, CEO and Co-founder at Zerion, “Our mission is to innovate the world of finance, and that is impossible without robust support for TRON.” He explained that the network dominates in stablecoin utility and transaction volume. 

Yurtaev added, “By integrating TRON, we are ensuring that our users have a single, secure home for their financial lives.”

Sam Elfarra, Community Spokesperson for TRON DAO, commented that “Zerion’s integration represents a meaningful step forward in making TRON’s infrastructure more accessible to users worldwide.” 

He described TRON as “the global settlement layer for stablecoin transactions” that provides the speed, affordability, and reliability users demand. Elfarra noted this aligns with TRON’s vision of empowering billions through accessible blockchain technology.

Key Features and Availability

The integration introduces several features designed to enhance user experience on the TRON network. Users can instantly send and receive USDT (TRC-20) and TRX directly within the Zerion application. 

This eliminates the need for separate, network-specific wallet solutions that previously fragmented the user experience.

Zerion’s tracking engine now indexes TRON addresses automatically. The system populates transaction histories and asset balances alongside holdings from other blockchain networks. 

This unified approach brings consistency to how users monitor their cryptocurrency portfolios across different ecosystems.

The platform provides full visibility into TRON ecosystem activity through enhanced connectivity features. Users receive the same level of clarity and control for TRON that Zerion delivers for other Web3 networks. 

This standardization simplifies portfolio management for users active across multiple blockchain platforms.

The TRON integration is currently live across all Zerion mobile applications. Users have immediate access to one of cryptocurrency’s most liquid and active ecosystems. 

The update maintains Zerion’s security standards while adding TRON’s speed and cost-efficiency to the platform’s capabilities.

The post Zerion Integrates TRON Network Support for Seamless Stablecoin Management appeared first on Blockonomi.

TLDR:

ONDO lags market rotation despite improved liquidity conditions and declining Bitcoin dominance over past 17 days

Token lacks activated fee switches and governance mechanisms preventing direct value capture from growing tokenization activity

Infrastructure exists between crypto speculation and equity valuation lacking traditional pricing frameworks of either asset class

Analyst predicts violent repricing event when settlement flows activate similar to historical ETH and SOL infrastructure shifts

 

ONDO token presents an unusual market position that defies typical crypto asset behavior, according to crypto analyst Sarosh. 

The token demonstrates strong institutional adoption and real-world utility through expanding tokenization services, yet price action remains subdued compared to peers. 

This disconnect stems from unclear value capture mechanisms rather than fundamental weakness, creating what observers call the “Ondo Paradox.”

Liquidity Rotation Bypasses Infrastructure-Focused Assets

Market conditions currently favor ONDO’s growth trajectory. Federal Reserve and Treasury liquidity measures have expanded while Bitcoin dominance entered a downtrend approximately 17 days ago. 

Mid-cap cryptocurrencies gained momentum during recent rotation phases, suggesting improved risk appetite across markets. However, ONDO lags behind comparable assets like SUI in volume and price appreciation.

The disconnect exists because current liquidity flows target high-velocity assets with thin float structures and momentum-driven narratives. ONDO operates differently, functioning as duration-based infrastructure rather than speculative trading vehicle. 

Sarosh noted on X that “liquidity doesn’t avoid it; it waits for the structure to allow that liquidity to stay rather than churn.” The token’s design prevents participation in rapid rotational trading patterns dominating current market conditions.

The Ondo Paradox$ONDO sits in a strange place in this cycle — and that’s exactly why so many people are hate it because they haven't a clue. Retail has left the building so to speak. Even whales have no clue what's coming. Google what I wrote to you. Please do it. You will not…

— Sarosh (@SaroshQ2022) January 9, 2026

Traditional equity markets demonstrate different dynamics that highlight ONDO’s unique position. Stocks benefit from established valuation frameworks, analyst coverage, index inclusion, and passive investment flows. 

These mature pricing systems force capital allocation decisions within defined parameters. ONDO lacks equivalent infrastructure despite genuine institutional partnerships and expanding blockchain integration.

Value Capture Mechanisms Remain Inactive

ONDO’s underlying business shows substantial progress across multiple metrics. Tokenized asset volumes continue growing while institutional partnerships expand. 

Major multi-trillion dollar banking institutions participate in the ecosystem, building infrastructure that Sarosh describes as “rails where trains will run and they will pay Ondo fees to run on those tracks.” Market share within the tokenization sector remains dominant.

The token itself has not activated critical revenue mechanisms that would trigger market repricing. No fee switch directs protocol earnings to token holders. 

Governance systems remain unlaunched. Settlement volumes do not flow through the token as required settlement surface. Without these activated features, price discovery becomes discretionary rather than urgent for market participants.

This structural gap explains why ONDO behaves differently than typical crypto assets or equities. The token proves “too real to trade like a meme, too early to price like a business,” according to Sarosh’s analysis. 

Institutions utilize Ondo’s infrastructure and partner within the ecosystem but lack incentives to express conviction through token ownership. The asset exists in transitional space between speculative crypto trading and mature business valuation.

Sarosh predicts violent repricing when governance launches, fees route clearly to token holders, and settlement flows activate. 

He compared the pattern to ETH and SOL, suggesting infrastructure assets move decisively when structure, incentives, and liquidity converge rather than grinding gradually higher.

The post ONDO Token’s Structural Pricing Gap: Why Strong Fundamentals Haven’t Triggered Market Repricing appeared first on Blockonomi.

TLDR:

Ethena backing shifted from 80% perpetual futures early 2025 to 65% stablecoins currently.

New custodians must meet 50-criteria framework with minimum 7.5/10 score and 99.9% uptime guarantee.

Protocol’s custody structure prevented losses during February 2025 Bybit hack affecting $30M positions.

October attestation revealed $5.2B in stablecoins held across various custody solutions and wallets.

 

Ethena is advancing its custody framework through a governance proposal to onboard Kraken, Anchorage Digital, and Zodia as custodians.

The protocol has evolved from pure perpetual futures positions to holding over $5 billion in stablecoins and DeFi assets. 

This shift requires institutional-grade custody solutions that meet strict operational and security standards. The expansion reflects broader changes in Ethena’s backing composition throughout 2025.

Custody Framework Addresses Institutional Requirements

The three proposed custodians will focus on holding stablecoins including USDT, USDC, PYUSD, USDtb, and Aave yield-bearing tokens. 

Unlike existing partners Copper and Ceffu, they will not handle off-exchange settlement for perpetual positions. 

The Risk Committee developed a 50-criteria evaluation process with weighted scoring that requires a minimum of 7.5 out of 10.

Security and custody operations carry 40% weight with an 8 out of 10 floor requirements. Operational capability accounts for 30% with a 7 out of 10 minimum. 

Protocol requirements make up the remaining 30% and demand an 8 out of 10 baselines. Hard exclusions eliminate any provider with client fund loss history or uptime below 99.9%.

The framework also requires verifiable attestations and bankruptcy-remote structures from all custodians. 

Carolina from GoldDefi noted that “the custody standards have had to match” as backing shifted from purely perp positions to billions in stablecoins and DeFi assets. October attestation data showed $5.2 billion in stablecoins across various custody solutions. 

She added that “the current proposal to add three new custody partners matters more than it might seem.”

Protocol Demonstrates Resilience During Exchange Compromise

Ethena’s custody infrastructure proved effective during the February 2025 Bybit compromise. Approximately $30 million of unrealized profit and loss sat on the exchange at the time. 

However, the protocol’s off-exchange settlement structure meant collateral remained with Copper rather than on Bybit directly.

Response time dropped to zero within hours, and users experienced no impact from the incident. According to Carolina, “it took only a few hours to reduce response time to zero and there was no impact on users.” 

The separation between custody and trading proved functional when the exchange faced security issues. Only unsettled profit and loss required unwinding since actual assets never resided on the compromised platform.

The protocol’s backing composition changed substantially over 2025. Early year allocations showed 80% in perpetual futures positions. This dropped to 28% mid-year as funding rates turned negative. 

Current positioning maintains balance with roughly 65% in stablecoins and yield-bearing assets. The custodian expansion aligns with this evolution toward treasury assets that need regulated custody rather than off-exchange settlement infrastructure.

The post Ethena Adds Kraken, Anchorage, and Zodia as Custodians for $5B Stablecoin Holdings appeared first on Blockonomi.

TLDR:

Strategy’s 673,783 BTC position covers annual $823M dividend needs across multiple severe price scenarios.

USD Reserve provides 2.7 years of operational runway before any bitcoin sales become necessary for dividends.

STRC issuance at par creates a self-funding model, retaining only 11% of proceeds for dividend pre-funding.

At $25M daily STRC sales, Strategy generates $5.56B annually for Bitcoin acquisition after dividend coverage. 

 

Strategy’s bitcoin holdings and financial structure continue to withstand scrutiny as analysts examine the company’s capacity to maintain operations during severe market downturns. 

Recent calculations reveal the firm holds 673,783 BTC as of January 4, 2026, providing a substantial cushion against dividend obligations. 

The analysis suggests Strategy’s position remains secure even under extreme price scenarios, challenging concerns about sustainability.

Bitcoin Reserve Provides Multi-Year Coverage

Strategy faces an annual cash requirement of approximately $823 million for dividend payments. Market observers have calculated the bitcoin sales needed at various price points to meet these obligations. 

At $90,000 per bitcoin, the company would need to sell roughly 9,100 BTC annually. A 50% decline to $45,000 would require approximately 18,300 BTC per year.

Even catastrophic scenarios appear manageable given the treasury size. An 80% drop to $18,000 would necessitate selling around 45,700 BTC yearly. 

STRATEGY IS STRUCTURALLY UNASSAILABLE

Calling Strategy's balance sheet a FORTRESS would be an UNDERSTATEMENT.

Dividends are a NON-ISSUE.

If BTC were the only backstop (it’s not – see USD Reserve), the annual cash requirement is $823M. At various BTC prices, the implied BTC… pic.twitter.com/gFm9wfQQhi

— Adam Livingston (@AdamBLiv) January 9, 2026

A 90% decline to $9,000 would require approximately 91,400 BTC annually. These figures represent single-digit percentages of total holdings in most cases.

The company maintains additional liquidity through its USD reserve. This buffer provides approximately 2.7 years of operational runway before bitcoin sales become necessary. Multiple adverse conditions would need to align simultaneously for dividend impairment to occur.

STRC Issuance Creates Self-Funding Mechanism

Strategy’s preferred stock offering operates on a mathematically sustainable model when trading near par value. 

Each $1 billion of STRC notional generates an annual dividend obligation of roughly $110 million at the 11% rate. Monthly payments amount to approximately $9.17 million per billion dollars issued.

The company retains only 11% of proceeds in its USD Reserve to pre-fund twelve months of dividends. At $25 million daily issuance, Strategy could raise $6.25 billion annually across 250 trading days. The dividend obligation on this new capital totals $687.5 million per year.

After setting aside dividend coverage, approximately $5.56 billion remains available for bitcoin purchases and working capital. 

The ATM program explicitly permits using net proceeds for general corporate purposes and bitcoin acquisition. Proceeds can also fund dividends on other preferred stock series, functioning as a system-level liquidity tool.

The variable dividend structure on STRC supports price stability near par value. Market demand at this level determines capacity rather than payment ability. 

This design addresses previous concerns about dividend sustainability during volatile market conditions.

The post Strategy’s 673K BTC Treasury Withstands Extreme Market Scenarios, Analysis Shows appeared first on Blockonomi.