TRON’s Rise in Stablecoins: A Sign of Growing Adoption and Business Use
- TRON DAO has become the leading blockchain ecosystem with the highest stablecoin transactions on Orbital.
- While TRON DAO boasts 97.62% of the total stablecoin transactions, Ethereum holds only 2.12%.
- The USDT addresses on TRON constitute 38.6% of all stablecoin transactions made over the last 30 days.
TRON DAO, the blockchain network founded by Justin Sun, has emerged as the dominant player in stablecoin transactions, far surpassing competitors like Ethereum and Binance Smart Chain. It witnessed the highest stablecoin transaction on Orbital, accounting for 97.62%.
— TRON DAO (@trondao) July 2, 2024
#TRON is not just leading the stablecoin market but also transforming how businesses operate globally.
Share of Stablecoin Transactions by Blockchain on Orbital:#TRON : 97.62%#ETH: 2.12%#SOL: 0.21%#BNB: 0.05%#MATIC : 0.01% pic.twitter.com/ciyfyO41cV
Ethereum, the largest blockchain ecosystem by Total Value Locked (TVL), came in at second. Its stablecoin transactions pale in comparison to TRON’s, with a mere 2.12%.
While Ethereum maintains blockchain dominance with a 64.02% share and a TVL of $58.06 billion, TRON secures the second position with a TVL of $7…
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