Kyrgyzstan introduced USDKG, a gold-backed stablecoin pegged to the U.S. dollar and issued by a state-owned entity on the Tron network. Bishkek says the move is designed to raise the country's financial profile and attract foreign investment.
Dubai’s Digital Economy Court issued a worldwide freezing order in a $456 million TrueUSD reserve shortfall case after allegations funds were diverted through Aria Commodities DMCC and Tron founder Justin Sun stepped in to support token holders.
DefiLlama's 30-day figures (as of Nov 12, 2025) show Tron leading with $35.4M in protocol revenue, largely powered by Tether (USDT) stablecoin flows, nearly four times Ethereum's $9.1M. Other networks trailing include Base ($8.37M), BSC ($3.81M) and Solana ($3.74M).
A Dubai judge has ordered a freeze on $456 million in assets tied to a stablecoin reserve bailout allegedly involving Justin Sun, founder of Tron. The move intensifies legal and regulatory scrutiny around stablecoin support operations.

A recent liquidation heatmap highlights nearby liquidity clusters at $0.303 and $0.328 for TRX, setting the stage for a potential short squeeze. Clearing these levels could trigger a roughly 10% rally as stops cascade and buying pressure accelerates.

A $3 million XRP theft from a cold wallet has raised alarms about user errors and the difficulty of fund recovery once moved through bridges and OTC brokers. Victim Brandon LaRoque shares his cautionary tale to help others avoid similar losses.

World Liberty has blacklisted Justin Sun's wallet after the Tron founder moved $9 million worth of WLFI tokens. This move has stirred discussions across the crypto community regarding regulatory actions and token management. Discover more and how Bitlet.app's services can help you navigate crypto safely.

Justin Sun's Tron blockchain is going public by merging with Nasdaq-listed SRM Entertainment, renaming it Tron Inc., and securing a $100 million private investment. This move highlights the growing trend of crypto firms entering public markets and underscores Tron's significant role in the stablecoin ecosystem.