Bitrace: The End of the Swing and the New Currency Monopoly

In 2026, the Encoded Currency Guarantee Market (Guarantee Markets) experienced a “decentro-cleaning” sufficient to be recorded in the history of the industry。

With the representatives of the old industry order —   the Huione/Tudou — completely collapsed under multiple pressures, a vast empire carrying the flow of the world's hidden transactions, the absolute transfer of power was completed in just a few months。

The latest data show that Xinbi Guarantee not only took over the “patrimony” of potatoes, but also managed to harvest almost 100 per cent of the guarantee market through ecological closure。

Guaranteed Platform: "Nazdak" of the gray-born

In the global black-and-black trade, the guarantee platform has long gone beyond the simple definition of “financial intermediation”. They are the financial infrastructure of the shadow world, which provides credit endorsements for various types of informal cross-border settlements, virtual commodity transactions and complex services, and are inextricably linked to telecommunications fraud syndicates in South-East Asia。

& nbsp; USDT  Core business model based on Public Groups:

• modularization operations: & nbsp; each public is a vertical business module covering industry-wide chains ranging from technology penetration, money laundering corridors to physical smuggling。
• credit leasing: & nbsp; the platform lends its own brand of credit by charging the public with high “entry fees” and “guarantees”。
• flow aggregation: & nbsp; the platform serves as a super-entry point, directing bulk family flows to a selected mass, forming a highly centralized “underground exchange”。

Flow migration: potato to zero, new currency “blood-sucking” switch

THROUGH A PENETRATING ANALYSIS OF USDT MONTHLY INFLOW DATA FROM 2021 TO 2026, TWO KEY MUTATIONS IN MARKET PATTERNS CAN BE CLEARLY SEEN。

FIGURE 1: MONTHLY USDT FLOW TRENDS FOR GUARANTEED PLATFORMS

1. Secrecy succession to potatoes

In the first half of the chart (2022-2024), the red area represented the once-hegemonic pledge. As compliance pressures increased, the flow began to shift to potato guarantees (the red extension in the chart). This practice, known as “obscenity conversion” by the industry, while preserving its client base in the short term, also creates an ambush for subsequent systemic risks。

Potato collapse and “full takeover” of the new currency

In late 2025 and early 2026, the red zone (the potato) showed a cliff to zero. The grey area representing the new currency grew exponentially at the same time, with a monthly average of peak breakthroughs & nbsp; 1.2 billion USDT。

As of March 2026, the market share of the New Currency Guarantee in this subdivision had reached an absolute monopoly level and the living space of other small guarantees (the blue part of the chart) had been reduced to less than 2 per cent。

Operational chart: the ecological hegemony of the New Currency Community

If the flow chart shows volume, then the new currency group business group chart shows depth。

Figure 2: New currency eco-business clusters Figure

The distribution of its operations has become appalling in terms of the public channels disclosed in the new currency. It is no longer a simple financial guarantee but a modular underground service ecology. According to the latest business map (figure 2), the new currency has broken down operations into 11 broad categories, covering every link of the illicit chain:

Upstream flow and construction: provide platform setting, robot development, and even server and domain name services。

MIDSTREAM BUYERS AND PERFORMERS: COVER TEXTING/TALKING LEADS, PUSH STICKERS, EVEN HIGH-LEVEL TECHNICAL SERVICES LIKE AI FACE CHANGE, ID LOANS, ETC。

DOWNSTREAM SETTLEMENT AND EXCHANGE: IN ADDITION TO THE CONVENTIONAL U-OFF, THE LAST STEPS IN THE SETTLEMENT OF FINANCIAL ENTRY AND EXIT HAVE BEEN CREATED SPECIFICALLY FOR THE WHITE HOUSE AND CARPENTRY。

Figure 3: New currency business distribution

After monitoring more than 5,000 new currency publics, Bitrace drew up an address and a public intelligence profile, an entity with a highly complex operational structure. The main types of business are the "code-receiving U", "card-receiving U", "cards" and "offtakes", among others。

Infrastructure “nuclear deterrence”: the birth of SafeW

When the potatoes were still dependent on Telegram, a third-party communication tool, the new currency had begun to privatize infrastructure. This is the new currency that came out of the moat in 2025 - SafeW。

What's SafeW? SafeW is a high-security, instant communication application introduced in the new currency that supports the entire platform (iOS, Android, Windows, Linux). It appears to be a type Telegram's encrypted communication tool, but behind it is the ambition of the new currency to avoid risk。

Figure 4: SafeW official web page with emphasis on simple, secure and privatized deployments

TT Winds: In response to Telegram’s increasingly harsh sealing and sealing policies, SafeW is a “safe haven” for public bosses and high-value customers。

Closure of flows: Through the SafeW Million Benefit scheme and the tilt towards targeted flows, the new currency seeks to strip the most profitable guarantee business from Telegram and migrate to the SafeW ecology, which is fully owned, completely encrypted and inaccessible to the outside world。

The New Currency Bulletin clearly states that the SafeW community and consortium are fully open. This means that the new currency is building an iron curtain environment for “on-site trading + self-study communication + private settlement”。

Although the new currency is officially pushing the application through the “millions of welfare schemes”, the very fine orange piece of traffic statistics shows that its market transformation rate is extremely low, even to be described as “distressed” and the details are to be seen in my predecessor。

The final thought: "The New Currency Age" or the beginning of the next "Obstalgic Rebirth"

To stand at the 2026 node, the new currency guarantees the present “as it is in the middle of the day”, more like a round-up of years。

The change of power in this hidden industry, from the twilight to the potato, to the new currency of today, follows a cruel and precise fate curve

Brilliant and spotlight. Used to be a financial pillar in South-East Asia, and potatoes were seen as an invincible comeback. In completing the market harvest, each of the great rulers felt that he had built an indestructible barrier. The expansion of the new currency, which is currently running at an average of $1 billion a month, and which seeks to create a “dual iron curtain” of communications and finance through SafeW, has indeed surpassed the former and reached a peak in industry history。

The return of gravity. History tells us that in this track, the more traffic, the more causes and consequences. The fall of the hull stems from continued infiltration by transnational regulation, and the collapse of potatoes begins with an internal explosion in the credit system. The new currency, while absorbing every fraction of the flow of potato loss, inherited the “original sin” behind those flows。

Variables under sanctions orders. On March 26, 2026, the British Government dropped the first official global sanction for New Currency guarantees. This means that the New Currency, the new champion of the sponsorship, has moved into the realm of global regulation and has risen to the level of financial threats that sovereign countries must eliminate。

Figure 5: Check-out of the New Currency Guarantee Proclamation announced on March 26th by the British Government

Does the new coin have a future

The new currency, which now averages $1 billion per month, is both a medal for its monopolistic status and the coordinates that guide regulatory powers in their precise attack. If history continues to repeat itself, the new currency may, like its predecessors, look for the next shell for another “obscene conversion” when the pressure reaches a critical point。

But the difference is that Reg Tech was no longer comparable in 2026. With the transparency of the chain of analytical techniques and the normalization of global judicial collaboration, the costs of invisibility are increasing exponentially。

When the new coin tried to put business into the Black Box through SafeW, it turned itself into an island of red light on radar maps。

Bitrace cautions: & nbsp; this paper is intended only for objective industry analysis and factual disclosure and does not constitute any operational guidance. Encrypted money guarantee platforms, which are often related to high-risk activities and cross-border compliance challenges, require a wide range of users and practitioners to consciously comply with the laws and regulations of their location and to stay away from illegal transactions。