Miran&#8217;s appointment could influence Fed policies towards more crypto-friendly stances, potentially impacting future economic innovation and growth. The post Trump taps Bitcoin advocate Stephen Miran as temporary Fed governor appeared first on Crypto Briefing.

Trump taps Bitcoin advocate Stephen Miran as temporary Fed governor

A crypto trader has said early Bitcoin investors very likely wouldn’t have the 
conviction to hold onto the cryptocurrency for over a decade through its sharp 
corrections.

Buying Bitcoin years ago wouldn’t have made you rich today, says trader

Tron (TRX) has recorded notable price gains over the past month, rising by 
nearly 20% in the past 30 days. Currently trading at around $0.3392, the asset 
has also posted a 1.5% gain in the past 24 hours. These developments occur 
amid growing on-chain activity, particularly driven by the increased use of 
the TRON network for Tether (USDT) transactions, positioning the blockchain as 
a major player in the stablecoin infrastructure space. One of the key 
observations has been the network’s sharp rise in USDT transaction volume. 
According to CryptoQuant contributor Arab Chain, TRON processed over 8.29 
million USDT transactions in the week ending August 3, 2025. This figure not 
only indicates heightened activity but also reveals the diversity of 
transaction sizes across the network. Transfers between $101 and $1,000 made 
up the largest proportion at 38.66%, with significant activity also observed 
in transactions exceeding $1,000. Related Reading: TRON Inc. Plans $1B Buyback 
of 3.1B TRX Tokens Amid Price Resilience at $0.33 TRON’s Dual Adoption: Retail 
and Institutional Activity on the Rise Arab Chain emphasized that this 
distribution highlights TRON&#8217;s appeal across different user groups. The 
presence of mid-sized transactions suggests usage by freelancers, online 
vendors, and remittance users. In contrast, the substantial number of larger 
transactions implies participation by institutional traders, high-net-worth 
individuals, and potentially corporate entities. The analyst also noted a 
decline in transactions below $10, suggesting a reduced reliance on micro- 
payments or testing activity and a pivot toward practical use cases. The 
growing use of TRON for real-world settlement purposes is reinforced by its 
infrastructure, which supports low-cost, high-volume stablecoin transactions. 
Unlike networks that cater predominantly to large institutional transfers, 
TRON’s environment facilitates both high-frequency and high-value transfers. 
Arab Chain stated that this makes TRON a core component in enabling digital 
commerce, payroll systems, and cross-border payments. Meanwhile, CryptoQuant 
analyst Burak Kesmeci linked TRX’s recent momentum to regulatory developments 
in the United States. On July 18, 2025, the US Congress passed the GENIUS Act, 
marking the first formal federal regulatory framework for payment stablecoins. 
Kesmeci noted that this legislation provides a clearer legal foundation for 
dollar-backed digital assets by establishing guidelines for anti-money 
laundering (AML), consumer protection, and financial stability. Post-GENIUS 
Act: TRON Expands USDT Dominance Following the passage of the GENIUS Act, TRON 
moved swiftly to expand its footprint. According to Kesmeci, approximately $1 
billion worth of new USDT was minted on the TRON network shortly after the 
bill became law. This increased TRX’s share of the total circulating USDT 
supply to over 83 billion out of 163 billion, accounting for approximately 51% 
of all USDT in circulation. The analyst suggested that this reinforces TRON’s 
position as the leading blockchain for stablecoin transfers. The GENIUS Act 
may catalyze stablecoin adoption in the US, with TRON expected to benefit due 
to its efficiency in handling stablecoin transactions. Related Reading: TRON 
Sees $1B USDT Mint: Liquidity Wave Incoming? As more institutions and users 
seek reliable, low-fee solutions for digital payments, TRON’s role in the 
growing ecosystem of tokenized dollars might just continue to expand. Featured 
image created with DALL-E, Chart from TradingView

TRON Sees Over 8 Million USDT Transactions in One Week, What’s Fueling This?

The New York State Department of Financial Services (DFS) has reached a $48.5 
million settlement with Paxos Trust Company due to deficiencies in its anti- 
money laundering (AML) program and failures in due diligence related to its 
partnership with Binance. Superintendent Adrienne A. Harris announced that 
Paxos will pay a $26.5 million penalty and invest an […]

Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance Partnership

A cybercrime group dubbed “GreedyBear” has stolen over $1 million in crypto 
using hundreds of fake wallet extensions, malware types, and scam websites, 
says Koi Security.

GreedyBear scam group ramps up crypto theft to ‘industrial scale’

The bank says both ether ( ETH) holding companies and exchange-traded funds 
are neck-and-neck when it comes to the amount of ETH bought since June. Why 
Ethereum Treasury Holdings Beat Spot ETFs, According to Standard Chartered 
Geoffrey Kendrick, head of digital assets research at London-based Standard 
Chartered Bank, delivered a nugget of alpha that many […]