TRC-20 USDT surpassed $46 billion on the eve of Tron blockchain's 5th anniversary.
another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The milestone comes on the fifth-anniversary launch of the Tron mainnet.
Over the past five years, Tron developers claim that the blockchain has processed 5.6 billion transactions and currently has a total value locked of $5.7 billion. Tron’s creator, Justin Sun, said his 2023 goals include elevating the network’s on-chain stablecoin market cap to $100 billion and establishing Tron as a preferred choice for stablecoin users by positioning itself as “a more affordable and user-friendly version of Ethereum.
for retail trading on June 1. A few days prior, Huobi, a cryptocurrency exchange under the de facto ownership of Sun, said it had begun offering crypto services to retail Hong Kong clients after submitting an application the same day.
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