A hot tip: Tron’s transaction fees are roughly dozens of times higher than ARB, OP, and other L2s, and hundreds of times higher than non-EVM networks like Aptos and Sui.
But many channels only accept TRC20 assets, while other channels don’t accept them at all.
Let’s talk with data. As shown by DeFiLlama, the total stablecoin supply on Tron is about $94.5 billion. That’s roughly 30% of the global stablecoin supply concentrated on this one chain—Tron can be said to be a battleground that stablecoins almost must fight for.
But among these $94.5 billion, the vast majority does not earn yield on its own.
USDT alone accounts for about $92.6 billion, or nearly 98%. Users are constantly transferring, paying, and settling every day, but simply holding it brings no yield.
Now all of this is being broken first by Ethena ⬇️
On September 11, Ethena and TRON DAO jointly announced that USDe and sUSDe are now live on Tron. You can bridge over via Stargate, then hold and transfer.
The scale of USDe fully matches Tron.
Tron has over 403 million accounts, more than 15 billion cumulative transactions, and on-chain USDT exceeding $94 billion. USDe’s own circulating supply is roughly $4.5–$4.7 billion. It’s already flowing steadily across more than a dozen chains.
Over the next few weeks, these things are expected to happen ⬇️
- JustLend DAO plans to turn USDe into a lending collateral asset
- SUNio plans to launch USDe/sUSDe liquidity pools
- After that, it will be wallets, exchanges, and payment apps
With these good news driving the market, ENA has been climbing steadily in recent days and is already nearing its short-term high. Does Old Hei’s call for trades—seeing it through halfway—seem likely to be realized?
Originally my profits were going to double and then a bit more. Later I felt I bought too little and kept topping up all the way. The right side still feels much more comfortable than the left.
$ENA
But many channels only accept TRC20 assets, while other channels don’t accept them at all.
Let’s talk with data. As shown by DeFiLlama, the total stablecoin supply on Tron is about $94.5 billion. That’s roughly 30% of the global stablecoin supply concentrated on this one chain—Tron can be said to be a battleground that stablecoins almost must fight for.
But among these $94.5 billion, the vast majority does not earn yield on its own.
USDT alone accounts for about $92.6 billion, or nearly 98%. Users are constantly transferring, paying, and settling every day, but simply holding it brings no yield.
Now all of this is being broken first by Ethena ⬇️
On September 11, Ethena and TRON DAO jointly announced that USDe and sUSDe are now live on Tron. You can bridge over via Stargate, then hold and transfer.
The scale of USDe fully matches Tron.
Tron has over 403 million accounts, more than 15 billion cumulative transactions, and on-chain USDT exceeding $94 billion. USDe’s own circulating supply is roughly $4.5–$4.7 billion. It’s already flowing steadily across more than a dozen chains.
Over the next few weeks, these things are expected to happen ⬇️
- JustLend DAO plans to turn USDe into a lending collateral asset
- SUNio plans to launch USDe/sUSDe liquidity pools
- After that, it will be wallets, exchanges, and payment apps
With these good news driving the market, ENA has been climbing steadily in recent days and is already nearing its short-term high. Does Old Hei’s call for trades—seeing it through halfway—seem likely to be realized?
Originally my profits were going to double and then a bit more. Later I felt I bought too little and kept topping up all the way. The right side still feels much more comfortable than the left.
$ENA
