Edgen AI operates independently of, and is not controlled by Aspen Digital Financial Limited.
Tron gasless USDT transfers hit $3B as fee-free model gains traction
Edgen Crypto·Jul 23 2026, 15:56Share to
Share to
Copy link
[1] Tron's 'gasless' USDT transfers doubles to $3B in 2026: Report (https://ambcrypto.com/trons-gasless-usdt-tran ...)[2] TRON gasless USDT transfers surge as payment adoption accelerates: CryptoQuant - Crypto Briefing (https://cryptobriefing.com/tron-gasless-usdt- ...)[3] Stablecoin supply drops $5.21B in 30d, but USDT remains domi - KuCoin (https://www.kucoin.com/news/insight/USDT/6a60 ...)[4] CryptoQuant.com Reports Surge in Gasless USDT Transfers on TRON - Coinfomania (https://coinfomania.com/cryptoquant-com-repor ...)
Related News
Jul 23 2026, 17:41
Brent crude surges past $100 as US-Iran tensions rattle global markets
Brent crude jumped above $100 a barrel for the first time since late May on Thursday, surging nearly 12% this week as escalating US-Iran military strikes fueled fears of supply disruptions across the Gulf region. The benchmark was trading at $98.08 per barrel, while West Texas Intermediate crude rose to $89.63 per barrel, as geopolitical risk premiums overwhelmed what analysts describe as a fundamentally well-supplied market. "The key question for markets is whether the recent escalation represents a temporary bout of geopolitical posturing or the start of a more prolonged conflict between the US and Iran," said Mitesh Jain, head of broking at Sanctum Wealth. "While markets are likely to look through a temporary spike in oil prices, a sustained rise above $100 per barrel would pose a meaningful risk to growth, inflation and market performance." The oil surge triggered a broad risk-off rotation across asset classes. India's Nifty 50 fell 0.53% to 23,869.60, while the BSE Sensex shed 0.47% to 76,391.39 — both logging their fourth straight session of losses, the longest declining streak in seven weeks. Bitcoin dropped below $65,000, dragging the broader crypto market lower as traders unwound risk positions. The European Central Bank left rates unchanged on Thursday, with policymakers citing elevated energy costs as a fresh complication for the inflation outlook. For India, the world's third-largest crude importer, the price spike reignites familiar macroeconomic vulnerabilities. A $10-per-barrel sustained increase in oil prices can widen the current account deficit by roughly 0.4% of GDP and add 30 to 40 basis points to consumer inflation, according to historical RBI estimates. The central bank's latest monthly bulletin noted that India's crude oil basket had eased to $75.6 per barrel in July from a peak of $114.5 in April, but the current trajectory threatens to reverse that progress. Domestic retail fuel prices have so far remained unchanged, with petrol at 108.7 rupees per liter and diesel at 98.1 rupees per liter. **Why $100 oil may not last — but the damage is already priced in** Market participants broadly view the current price surge as a geopolitical risk premium rather than a structural supply deficit. OPEC's spare capacity remains ample, US production is near record levels, and aggressive competition among oil-exporting nations — including discounted Russian and Iranian crude — is expected to cap further upside. The last time Brent traded above $100 for a sustained period was in 2022 following Russia's invasion of Ukraine, when prices averaged $99 per barrel for the year before retreating as central bank tightening curbed demand. The bigger risk for policymakers is a prolonged conflict scenario. If US-Iran hostilities disrupt shipping through the Strait of Hormuz — through which about 20% of the world's oil passes — prices could spike well above $100 and remain elevated for months. Such an outcome would complicate inflation management for central banks globally, weaken emerging-market currencies including the rupee, and force import-dependent economies to burn through foreign exchange reserves at an accelerated pace. For crypto markets, the risk-off rotation has been swift. Bitcoin's break below $65,000 — a level that had held as support since mid-June — opens the door to further downside toward the $60,000 zone, according to technical analysts. Altcoins have suffered proportionally larger losses, with the broader crypto market capitalization declining as traders reduce exposure to high-beta assets in favor of havens like gold, which has also rallied on the geopolitical uncertainty. This article is for informational purposes only and does not constitute investment advice.
Jul 23 2026, 17:32
Coinbase launches 3 products for AI agent economy as agent traffic surpasses humans
Coinbase is stitching together payment, trading and developer infrastructure for a new class of economic actor — the AI agent. Coinbase introduced three products on July 23 to support payments, trading and development across the AI agent economy, including a feature that lets businesses accept USDC payments directly from agents with no additional setup. "We are delivering that experience for the new online agentic economy," Sid Coelho-Prabhu, head of Coinbase Business, said in an interview. "Agents, on one side of the transaction, will go and read the Coinbase developer docs, create a wallet for themselves, and are ready to shop." The release includes support for agent payments through Coinbase Business, expanded trading capabilities within Coinbase for Agents and a new x402 software development kit from Coinbase Developer Platform. Coinbase Business users can accept USDC payments from AI agents beginning this week, powered by Coinbase Payments and the x402 protocol — an open payment standard built for automated transactions. USDC settles instantly and carries no chargeback risk, the company said. The CDP x402 SDK lets developers add agent payment acceptance to any API, MCP server or web service in three lines of code. The products position Coinbase as financial infrastructure for a rapidly growing machine economy. Agent traffic exceeded human traffic on Base documentation pages for the first time last month, the company said, reflecting growing use of AI systems to access services and operate online. The x402 protocol has already processed more than 169 million machine-native payments across 590,000 buyers and 100,000 sellers, according to Coinbase. **Agentic Trading Meets Institutional Data** For exchange users, Coinbase for Agents — its Model Context Protocol product launched last month — now includes commands that allow AI agents to access live market data and execute trades based on predefined rules. The tools include live monitoring of open orders, access to order books and real-time price and volume data. Users can create conditional instructions that trigger purchases when a selected price or market condition is reached — for example, instructing an agent to purchase Ethereum after a 5% decline or sell an asset once another order has been completed. The system uses the same WebSocket market data infrastructure available to institutional trading desks while allowing users to manage instructions through natural language, Coinbase said. **AWS and the Expanding Machine Payment Rail** The launch follows a broader push by major cloud and crypto platforms to build payment infrastructure for AI agents. Amazon Web Services launched Bedrock AgentCore Payments on May 7 in partnership with Coinbase and Stripe, enabling AI agents to pay for digital services autonomously using USDC. That system settles transactions in roughly 200 milliseconds on Ethereum's Base layer-2 network and on Solana, removing the need for developers to build separate billing systems for each service an agent accesses. Stablecoins have gained traction as a payment layer for AI agent systems because they settle around the clock, carry low transaction costs and support micropayments as small as fractions of a cent — capabilities traditional payment infrastructure is not built to handle. This article is for informational purposes only and does not constitute investment advice.
Jul 23 2026, 17:27
Ethereum nears bottom against Bitcoin as 2 of 5 on-chain signals flash
Ether is trading 17% below its average on-chain acquisition cost, yet CryptoQuant data shows the market has not confirmed a definitive cycle bottom. Ether fell to a 17% discount below its realized price of about $2,300, with only two of five CryptoQuant bottoming indicators reaching historical reversal levels. "Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but on-chain data suggests the market has yet to reach a definitive cycle bottom," CryptoQuant said in its weekly report published July 23. The ETH/BTC market value-to-realized value ratio has fallen to roughly 0.65 from nearly 0.95 in August 2025, signaling Ethereum has cheapened significantly relative to Bitcoin. Exchange inflows have declined, ETF holdings have begun recovering after months of weakness, and ETH/BTC spot trading volumes have fallen into a range historically associated with market bottoms, the analytics firm said. A confirmed bottom in the ETH/BTC pair would typically precede broader altcoin market recoveries, potentially triggering capital rotation into Ethereum and ETH-linked DeFi protocols. For now, three of CryptoQuant's five indicators continue improving but have not reached the extremes that marked previous cycle lows. **Supply Tightens as Staking Hits Record 34%** Ethereum's circulating supply dynamics are shifting. A record 34% of all ETH is now staked, according to Staking Rewards, reducing the amount readily available for trading. During the week beginning June 29, withdrawal activity on Binance climbed to its highest level in more than three years, a pattern analysts interpret as investors moving assets into self-custody or staking rather than keeping them on exchanges for potential sale. Bitmine Immersion Technologies, the largest corporate ETH holder, added 325,000 Ether to its holdings over a one-month period despite sitting on large unrealized losses, setting a target to hold 5% of the second-largest cryptocurrency. **Macro Tailwinds and the Clarity Act Factor** Ether briefly climbed above $1,950 this week and Bitcoin topped $67,000, buoyed by optimism surrounding the US CLARITY Act. Some market analysts have pointed to the potential for capital to rotate out of richly valued AI stocks and back into crypto, a shift that could further support Ether if risk appetite broadens. Bitwise chief investment officer Matt Hougan said in a blog post Wednesday that TradFi integrations, particularly Hyperliquid and Robinhood, will drive the next crypto bull market, with the resulting tide expected to lift major cryptocurrencies including Bitcoin and Ether. This article is for informational purposes only and does not constitute investment advice.