- According to the results of the analysis platform on the chain, the competing Stablecoins has very small stocks on the market.
- Usdt constitutes 98.5 % of the entire Stablecooin supplies on TRON, making it actually a pioneer.
A dominant player appeared in the Stablecoin market on the TON network. Stablecoin Usdt has become the actual criterion for most value and trading transfers. Specifically, the last analysis of Cryptoquant Show that Usdt constitutes 98.5 % of the entire Stablecooin supplies on TON, making it an actual leader.
Since the TROS Constituent Stablecooin, USDT has a circulating supply of $ 62.76 billion from about 64 billion dollars on the network. According to the results of the analysis platform on the series, the competing Stablecoins has very small stocks on the market: USDC accounts 0.06 %, $ 1.15 %, 0.26 %, and 0.01 % of the offer.
The basic building block
One thing to take into account is that other Stablecoin supplies have been flat since March 2024. However, USDT has managed to maintain its growth and establish itself as a pioneer in the market. In addition to the offer, USDT is vital for the liquidity of Tron.
When the price of TRX is very volatile, its size on the chain of the central stock exchanges may reach 4-5 billion dollars a day. As a result, USDT is not only the most abundant stablecoin on the network, but also a basic brick for all transactions and value on TON Blockchain.
In addition, InTothheblock data showed that 69 % of all USDT activities – more than 14 million transactions per week – wander around TON. This number is much higher than 61 % at the end of January.
In a modern post on X, Justin Sun, the founder of TON, revealed that the USDT Stablecoin of Tether will provide commission -free transactions on TRON. A easy -to -use method is used to send and receive USDT gas -free feature, which eliminates the need to use TRX distinctive symbols for gas costs.
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