Identifies – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 10 Sep 2025 17:41:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Identifies – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 UQUID Report Identifies TRON as Core Infrastructure for E-Commerce Payments Across Latin America, Africa, and Asia https://earlybirdsinvest.com/uquid-report-identifies-tron-as-core-infrastructure-for-e-commerce-payments-across-latin-america-africa-and-asia/ https://earlybirdsinvest.com/uquid-report-identifies-tron-as-core-infrastructure-for-e-commerce-payments-across-latin-america-africa-and-asia/#respond Wed, 10 Sep 2025 17:41:51 +0000 https://earlybirdsinvest.com/uquid-report-identifies-tron-as-core-infrastructure-for-e-commerce-payments-across-latin-america-africa-and-asia/

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Geneva, Switzerland – September 10, 2025 – UQUID, a leading Web3 shopping infrastructure, has published a research report, providing a detailed analysis of the transactions on the TRON network processed through the UQUID platform. The report highlights TRON’s accelerating adoption in stablecoin payments, everyday purchases, and its growing role as a preferred network in emerging markets where affordability and reliability are critical. TRON recorded the highest share of transactions across multiple regions on UQUID, including Latin America (45%), Africa (35%), and Asia (25%). These findings reflect TRON’s strength as a global settlement layer, advancing financial inclusion and enabling reliable digital payments where they are needed most.

UQUID is a comprehensive Web3 commerce platform designed to bridge the gap between cryptocurrency and everyday spending. Its extensive catalog features over 546,000 digital products and more than 178 million physical products, offering consumers a seamless way to use digital assets in their daily lives. By combining crypto payments with a broad marketplace, UQUID is advancing the adoption of blockchain technology in real-world commerce.

According to the report, TRON captured over one-third of total monthly transaction volume on the UQUID platform, with its share rising from 29% in January to nearly 39% by June. Over the first half of 2025, TRON’s share of altcoin transactions on UQUID nearly doubled, underscoring its growing role as a payment network of choice. At the same time, USDT on TRON represented more than 54% of all stablecoin activity on the platform, highlighting its dominance in powering everyday digital commerce. 

The report highlights accelerating Web3 shopping adoption across Latin America, Africa, and Asia, where crypto native users are driving retail payment growth with a strong preference for mobile access, fast processing, and low fees. TRON’s technical advantages, with fees typically under $0.01 and confirmation times within seconds, have made it the leading blockchain for Web3 payments in H1 2025, powering everything from mobile top ups and microtransactions to large retail purchases. Regional integrations, such as Argentina’s SUBE transit card top ups using USDT on TRON, further demonstrate its expanding role in everyday financial transactions.

Read the full report from UQUID here. 

About Uquid

Launched in 2016, Uquid is a pioneer in applying DeFi and Web 3.0 to e-commerce, aiming to deliver the ultimate Shop to Earn experience. With verified merchants, exclusive deals, cashback, and Payin3 with crypto, Uquid leads the way in the Web 3.0 shopping infrastructure. Over the years, Uquid has grown to serve 220 million users across significant platforms such as Binance, Crypto.com, and Gate.io.

With a remarkable monthly visitor count exceeding 50 million, Uquid is not just a platform but a pivotal player in shaping the new generation of e-commerce. Boasting the largest selection of over 175 million physical, digital, and NFT products and offering comprehensive shipping services to over 200 countries and territories, Uquid caters to a diverse global customer base.

Users shopping at Uquid benefit from flexible and convenient payment methods, including cryptocurrency, fiat, or wallets. In 2021, Uquid introduced the first Buy Now Pay Later with crypto option—Payin3—demonstrating its ambition to dominate the crypto marketplace. Uquid Payin3 allows customers to protect the future value of their crypto by delaying payment in three installments over 90 days, interest-free.

Offering an extensive array of products and the best Shop to Earn experience, Uquid continues to redefine the standards of convenience and accessibility in the digital shopping landscape.

For more information about Uquid, please visit: Uquid Official

Media Contact
Maeve Vu
[email protected] 

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $79 billion. As of September 2025, the TRON blockchain has recorded over 331 million in total user accounts, more than 11 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact
Yeweon Park
[email protected]

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]]> https://earlybirdsinvest.com/uquid-report-identifies-tron-as-core-infrastructure-for-e-commerce-payments-across-latin-america-africa-and-asia/feed/ 0 57753 Bank of Canada Identifies Technical Path for Retail CBDC in New Research Paper https://earlybirdsinvest.com/bank-of-canada-identifies-technical-path-for-retail-cbdc-in-new-research-paper/ https://earlybirdsinvest.com/bank-of-canada-identifies-technical-path-for-retail-cbdc-in-new-research-paper/#respond Sat, 05 Jul 2025 10:33:27 +0000 https://earlybirdsinvest.com/bank-of-canada-identifies-technical-path-for-retail-cbdc-in-new-research-paper/

The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) focused on simple, everyday payments, according to a new research paper.

The central bank’s research team examined OpenCBDC 2PC, a model developed in collaboration with the Massachusetts Institute of Technology’s Digital Currency Initiative. This design prioritizes privacy, speed and decentralization by allowing users to hold digital funds directly, much like digital cash.

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The new research comes after the Bank of Canada said it is shifting its focus away from a retail CBDC last year, saying that it was prepared if the people of the nation decide such a product is needed in the future.

Privacy issues

A major focus of the report is privacy, which isn’t a big surprise because CBDCs have sparked debate around the world, in part on concerns they could enable state surveillance of financial activity. Unlike cash, which is anonymous, a CBDC could theoretically allow a central authority to track every transaction.

The report suggested that the system separates personal identity from transaction data, allowing non-registered users to hold funds in self-custodied wallets. The users could then transact without sharing their identity with a bank or payment processor. Even for registered users, the central bank would not have access to identifying information or transaction histories.

The report goes further, proposing enhanced protection by potentially using cryptographic techniques such as zero-knowledge proofs to obscure transaction amounts from the core infrastructure. These features collectively offer a level of privacy that the authors say could exceed that of current electronic payment systems.

Bitcoin-like structure

In contrast to traditional banking systems, where money is stored in user accounts, the report suggests a design that uses “unspent transaction outputs” (UTXOs) — a structure more commonly associated with Bitcoin.

The system processes transactions in two steps: updating a core ledger and transferring funds from one user’s wallet to another. This approach supports real-time settlement and offers a higher degree of privacy from both banks and government institutions.

Challenges

While the report lays out a detailed technical solution to a potential digital Canadian dollar, it also identifies potential hurdles.

One of the main hurdles is that integrating the proposed architecture with existing retail payment infrastructure could require substantial technical upgrades, including in the way point-of-sale terminals handle digital cash-like transfers.

Additionally, while the system is scalable in theory, performance dips during audits and system recovery operations need further engineering work to meet production-grade standards.

The paper clearly states that this is not a commitment to launch a CBDC. However, the findings lay out a concrete technical foundation for what such a system could look like— one that balances user privacy, institutional control, and operational resilience.

Whether the central bank will implement it remains a question, given the controversy surrounding CBDC. However, the timing of the report could be right as Canada’s new prime minister, Mark Carney, was quoted in his 2021 book as a supporter of CBDCs.

“The most likely future of money is a central bank stablecoin, known as a central bank digital currency or CBDC,” he wrote in his book.

]]> https://earlybirdsinvest.com/bank-of-canada-identifies-technical-path-for-retail-cbdc-in-new-research-paper/feed/ 0 45896 Analyst Identifies $90,000 As Bitcoin’s Pivotal Support – Details https://earlybirdsinvest.com/analyst-identifies-90000-as-bitcoins-pivotal-support-details/ https://earlybirdsinvest.com/analyst-identifies-90000-as-bitcoins-pivotal-support-details/#respond Sat, 17 May 2025 19:03:27 +0000 https://earlybirdsinvest.com/analyst-identifies-90000-as-bitcoins-pivotal-support-details/

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Veteran market analyst with X handle Daan Crypto has shared an intriguing insight on the present Bitcoin market structure. In a recent post on May 16, Daan Crypto provided some technical pointers for BTC investors while highlighting the potential fundamental developments that could influence the price action of the premier cryptocurrency.

Bitcoin Break Above ATH Key To Bullish Momentum

In a major breakthrough for investors, the US and China have agreed to a 90-day pause on the recent steep tariffs, aiming to de-escalate a looming trade war between the world’s two largest economies. The announcement sparked a surge in market confidence, with over $600 billion flowing into global financial markets.

According to Daan Crypto, Bitcoin recorded a sharp price gain following this development, even outperforming the US stock market for a while almost trade at $106,000. However, the crypto asset’s price growth has since stalled, entering a range-bound market between $101,000 – $105,000, while the stock market has recorded a continuous price growth.

With a current market price around $103,000, Bitcoin trades a few price levels below its all-time high at  $109,000. Daan Crypto explains that the premier cryptocurrency must surpass this ATH level and enter price discovery to rediscover a bullish momentum for a long-term uptrend. Barring this development, the market expert predicts BTC will likely remain in consolidation for the foreseeable future.

$90k Support Zone Crucial To BTC Bull Structure – Analyst

In other developments, Daan Crypto has picked $90,000 as the critical support level for the current market uptrend. The analyst has stated that a fall below this price would produce a bearish signal, indicating that Bitcoin has fallen out of its bullish range and may experience a significant downswing.

Bitcoin
Source: @DaanCrypto on X

Notably, a price dip below $90,000 has not occurred since the BTC price rebound began in mid-April. Daan Crypto states that as long as the maiden cryptocurrency maintains this support zone, investors can be “cautiously bullish”.

However, the renowned market expert also notes that Bitcoin is showing much weakness relative to the stock market compared to a month ago, when its price was 20%-30% lower than the present market. In this present situation, Bitcoin is likely to follow the stock markets, which have surged by 30%-50% in the last month, in the event of any potential price pullback.

At press time, the leading cryptocurrency continues to trade at $103,509, reflecting a 0.51% decline in the past day.

Bitcoin
BTC trading at $103,509 on the daily chart | Source: BTCUSDT chart on Tradingview.com

Featured image from iStock, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]> https://earlybirdsinvest.com/analyst-identifies-90000-as-bitcoins-pivotal-support-details/feed/ 0 36791 German Regulator Identifies 'Deficiencies' in Ethena's USDe, Orders Immediate Issuance Halt https://earlybirdsinvest.com/german-regulator-identifies-deficiencies-in-ethenas-usde-orders-immediate-issuance-halt/ https://earlybirdsinvest.com/german-regulator-identifies-deficiencies-in-ethenas-usde-orders-immediate-issuance-halt/#respond Sun, 23 Mar 2025 06:47:23 +0000 https://earlybirdsinvest.com/german-regulator-identifies-deficiencies-in-ethenas-usde-orders-immediate-issuance-halt/

The German financial supervisory authority BaFin said it identified “serious deficiencies” in Ethena’s USDe token, which the company calls a synthetic dollar, and forbade the issuer from offering it to the public with immediate effect.

The European Union’s Market in Crypto Assets (MiCA) regulations for issuers of stablecoins, tokens whose value is tied to another asset, took effect on June 30 last year. Ethena GmbH has been issuing USDe since June 28, according to BaFin. Companies were allowed to continue issuing their tokens while applying for a MiCA license, unless ordered to stop.

“During the ongoing licensing process, BaFin has identified, among other things, serious deficiencies in the bank’s business organization and violations of MiCAR requirements, such as those regarding asset reserves and compliance with capital requirements,” the regulator said.

USDe counts as an asset-referenced token because it is “a crypto asset whose value stability is to be maintained by reference to other assets, rights, or currencies,” BaFin said.

Ethena is the yield-generating protocol that markets the $5.4 billion token as a “synthetic dollar” with its price anchored at $1. The token uses cryptocurrencies including bitcoin (BTC) and ether (ETH) as backing assets, pairing them with an equal value of short perpetual futures positions on various exchanges.

The strategy generates income for the protocol when perpetual funding rates are positive and passes on some of the income as yield to those who stake USDe (sUSDe). The protocol also issues the USDtb stablecoin, backed by BlackRock’s tokenized Treasury bill fund.

“BaFin also has reasonable grounds to suspect that Ethena GmbH is publicly offering securities in Germany in the form of ‘sUSDe’ tokens of Ethena OpCo. Ltd. without the required securities prospectus,” the regulator said.

Ethena said on X that it will “continue to evaluate alternative frameworks,” after being notified that the “application under the MiCAR regulatory framework will not be approved.”

Ethena’s governance token, ENA, had dropped 6.5% in the past 24 hours, extending losses following the announcement, according to CoinMarketCap data.

Krisztian Sandor contributed to this article.

UPDATE (March 21, 16:37 UTC): Adds MiCA in second paragraph, regulator quote in third, USDe explanation starting in fifth.

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