š„ Has USDT switched home courts? TRON overtakes Ethereum, but revenue fell!
A report released on November 2 showed that TRONās average on-chain USDT supply reached $90.75 billion in the third quarter, surpassing Ethereumās $87.73 billion!
Even more striking, TRONās quarterly stablecoin transfer volume reached $2.18 trillion, yet network revenue fell 3.1% quarter over quarter.
Why?
Stablecoin users care about transfer efficiency and cost. A larger pool of funds doesnāt necessarily mean higher fees collected by the blockchain.
This competition is about who can retain fundsānot just token prices!
What to watch next: Can TRONās USDT supply maintain its lead? Can transaction activity translate into network revenue?
#TRX #ETH #USDT #Tron #ēسå®åø
A report released on November 2 showed that TRONās average on-chain USDT supply reached $90.75 billion in the third quarter, surpassing Ethereumās $87.73 billion!
Even more striking, TRONās quarterly stablecoin transfer volume reached $2.18 trillion, yet network revenue fell 3.1% quarter over quarter.
Why?
Stablecoin users care about transfer efficiency and cost. A larger pool of funds doesnāt necessarily mean higher fees collected by the blockchain.
This competition is about who can retain fundsānot just token prices!
What to watch next: Can TRONās USDT supply maintain its lead? Can transaction activity translate into network revenue?
#TRX #ETH #USDT #Tron #ēسå®åø
