Is everyone scrambling for the stablecoin market? TRON has already firmly established its position.
In the past six months, the most noticeable trend has been the heated competition in the stablecoin market. Everyone is vying for a share, from the advancement of U.S. stablecoin legislation to Circle going public as the first stablecoin stock, from Hong Kong's stablecoin regulatory legislation to the governor of the central bank in China publicly mentioning stablecoins, and from the Trump family's WLFI issuing stablecoins to JD.com starting to make moves.
So many actions highlight the importance of stablecoins and their future position in the market, but TRON has already firmly grasped the stablecoin sector, sitting back and watching the waves rise. Do you know why?
1/ As of today, over half of the circulating stablecoin USDT's issuance comes from TRON. The total issuance of USDT is 158.6 billion, with TRON accounting for 80.7 billion, a staggering 50.9%. Undoubtedly, TRON has become the main battlefield for USDT.
2/ The best on-chain stablecoin trading engine, SunCurve, and PSM exchanges occur on TRON's Sun. SunCurve offers users stablecoin exchange services with fees as low as 0.04%, supporting various stablecoins for mutual exchange, while PSM is unique to TRON's decentralized stablecoin USDD, supporting 1:1 zero-loss exchanges between USDT and USDD. It can be said that the main battlefield for stablecoin trading and exchanges is also happening on TRON.
3/ Comprehensive layout of stablecoins, the stablecoin landscape on TRON has completely opened up, from the most popular stablecoin USDT to TRON's native decentralized stablecoin USDD, and to the stablecoin USD1 issued by the Trump family's WLFI, whether in trading, DeFi, or ecosystem, they are all becoming synonymous with TRON's stablecoins.
Justin Sun, do you feel it? The wind is coming.
@justinsuntron @sunpumpmeme #TRONEcoStar
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