Recently, the Stablecoin side on TRON has something to follow as well 👀
During the 90 days, according to Token Terminal, the value of Stablecoins on the network increased by about 4.8 billion dollars, more than the increase of 9 other chains in the Top 10 in the combined chart.
I saw the numbers, so I want to share them. Because this story has something to see more than just a bigger chain.
In case anyone is not familiar with it, Stablecoin is a coin designed to give value based on assets like the dollar, such as USDT, which aims to make 1 coin worth nearly 1 dollar. TRON is a network that supports the transfer of these coins.
As the value of Stablecoin on the chain increases, it reflects that the base of coins that are ready to be used to transfer, trade or use in various apps on the network is also larger.
Imagine that there is more money in the system. As for what the money will be used for? How often does it circulate? This is a matter that must be followed again.
But there is an increase in Stablecoin. It does not mean that the amount of use has increased the same. The figure of 4.8 billion dollars still cannot be said that all of it is money from new users. Or how much coins are moved and allocated between networks?
So I want to follow the Stablecoin base that grows on TRON will come with how many users and activities on the network increase. Because if we grow together, the image of use will be clearer. 🐱❤️
#TRONGlobalFriends #TGF @trondao @TronDao_THA @justinsuntron
During the 90 days, according to Token Terminal, the value of Stablecoins on the network increased by about 4.8 billion dollars, more than the increase of 9 other chains in the Top 10 in the combined chart.
I saw the numbers, so I want to share them. Because this story has something to see more than just a bigger chain.
In case anyone is not familiar with it, Stablecoin is a coin designed to give value based on assets like the dollar, such as USDT, which aims to make 1 coin worth nearly 1 dollar. TRON is a network that supports the transfer of these coins.
As the value of Stablecoin on the chain increases, it reflects that the base of coins that are ready to be used to transfer, trade or use in various apps on the network is also larger.
Imagine that there is more money in the system. As for what the money will be used for? How often does it circulate? This is a matter that must be followed again.
But there is an increase in Stablecoin. It does not mean that the amount of use has increased the same. The figure of 4.8 billion dollars still cannot be said that all of it is money from new users. Or how much coins are moved and allocated between networks?
So I want to follow the Stablecoin base that grows on TRON will come with how many users and activities on the network increase. Because if we grow together, the image of use will be clearer. 🐱❤️
#TRONGlobalFriends #TGF @trondao @TronDao_THA @justinsuntron
