Registration
 
All news
Top Stories
Editors' Picks
Crypto News
Financial News
Market Voices
Billionaires
Companies
Broker News
Regulators News
Yaroslav Dmytrenko
Yaroslav Dmytrenko

Revenue rises, ftUSD grows, $1 million bought back and burned, Andre Cronje reports

Revenue rises, ftUSD grows, $1 million bought back and burned, Andre Cronje reports
Revenue rises, ftUSD, $1 million buyback

Andre Cronje reported that revenue continues to increase, even as PUT backing declines. He highlighted steady growth of ftUSD, which is currently offering a 7.54% APY without additional token incentives activated. Nearly $1 million has been bought back and burned, contributing to a strong operational buffer.

Additionally, Cronje noted that $50 million was safely exited, preventing a potential secondary market sale. All statistics were referenced as on-chain.

Cronje’s latest update on revenue momentum and ftUSD growth builds upon themes explored when he first announced the stablecoin’s deployment on Ethereum and Sonic, highlighting $3,500 daily revenue and robust community retention in previous coverage of the ftUSD launch. Together, these developments underscore continued resilience across the platform amid shifting market conditions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Editor's Picks for You

How to build wealth from scratch in 3 practical steps
  • By Johnathan Maverick
  • 12 hours ago
How to build wealth from scratch in 3 practical steps
Editors' Picks
Kospi Index crash: Why South Korean market fell alongside AI stocks
  • By Eugene Komchuk
  • 15 hours ago
Kospi Index crash: Why South Korean market fell alongside AI stocks
Editors' Picks
Bitcoin or Ferrari: Which investment is better?
  • By Mira Kyivska
  • Yesterday
Bitcoin or Ferrari: Which investment is better?
Editors' Picks
All Editors' Top Picks

Latest Andre Cronje News

Andre Cronje: Equity account based lending leads to only $50k liquidated in first FT drawdown event
  • By Daria Chernytska
  • 06.06.2026
Andre Cronje: Equity account based lending leads to only $50k liquidated in first FT drawdown event
Market Voices
#Andre Cronje
Defi can still double from current levels, Andre Cronje notes
  • By Jose Antonio Gastelum
  • 01.06.2026
Defi can still double from current levels, Andre Cronje notes
Market Voices
#Andre Cronje
Andre Cronje: Revenue nears $1 million in first 90 days
  • By Yaroslav Dmytrenko
  • 31.05.2026
Andre Cronje: Revenue nears $1 million in first 90 days
Market Voices
#Andre Cronje
All Andre Cronje News
  • Johnathan Maverick
  • 12 hours ago
How to build wealth from scratch in 3 practical steps
  • Eugene Komchuk
  • 15 hours ago
Kospi Index crash: Why South Korean market fell alongside AI stocks
  • Mira Kyivska
  • Yesterday
Bitcoin or Ferrari: Which investment is better?
  • Mira Kyivska
  • 06.06.2026
Strategy sells Bitcoin: Small sale tests market confidence
  • Mikhail Vnuchkov
  • 05.06.2026
Ledger vs. Trezor: Search for ideal crypto wallet
  • Olga Shendetskaya
  • 20 min ago
Marc Andreessen: Preference for $100 trillion national debt over technology change
  • Igor Krasulya
  • 24 min ago
Lack of customer service ethos shapes investor views, Robert Colvile notes
  • Elena Nikulina
  • 45 min ago
Most signals now risk-on for equities, Michael A. Gayed flags
  • Andrey Mastykin
  • 50 min ago
Edward Dowd: OpenAI confidentially files for IPO, signaling Wall Street AI debut
  • Anastasiia Chabaniuk
  • 59 min ago
Investors continue to pursue volatile meme stocks, Bob Pisani warns
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.
Top News
  • Eugene Komchuk
  • 7 hours ago
Sam Bankman-Fried formally seeks pardon from Trump
Sam Bankman-Fried formally seeks pardon from Trump
  • Ivan Andriyenko
  • 11 hours ago
Hayes dumps WLD days after Maelstrom's bullish call
Hayes dumps WLD days after Maelstrom's bullish call
  • Hanna Syniavska
  • 13 hours ago
Powell warns Trump pressure on Fed could threaten markets
Powell warns Trump pressure on Fed could threaten markets
  • Igor Krasulya
  • 14 hours ago
Nvidia bets on South Korea in AI infrastructure race
Nvidia bets on South Korea in AI infrastructure race
  • Olga Shendetskaya
  • 15 hours ago
Oil rises above $97 after new Israel-Iran exchange of strikes
Oil rises above $97 after new Israel-Iran exchange of strikes
Live News
  • Anton Kharitonov
  • Now
Alphabet decline intensifies amid record AI investment
  • Anton Kharitonov
  • Now
Microsoft declines amid AI expectation reset, but fundamentals remain strong
  • Dmytro Kharkov
  • Now
Snowflake tests post-earnings breakout as AI rally faces first challenge
  • Anton Kharitonov
  • Now
Apple under pressure as investor skepticism grows
  • Dmytro Kharkov
  • Now
Nvidia tests key support as Jensen Huang calls AI sell-off a buying opportunity
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org World Association of News Publishers https://gdpr.eu/ GDPR