TRON processed $2.21 trillion in stablecoin settlement in Q3, up 5.1% from the previous quarter. Cumulative transaction volume on the network also passed $30 trillion. 👀
The figure offers a view of stablecoins as a way to move value across a network, beyond simply measuring how much token supply is held there. Nansen’s report also recorded an average of about 11.7 million successful transactions per day during the quarter.
Q3 brought institutional developments too, including the launch of the Canary Staked TRX ETF in the U.S. and Anchorage Digital’s addition of TRX staking and TRC-20 asset custody.
High settlement volume alone doesn’t tell us exactly who is transacting or what every transfer represents, but it’s one useful measure of the network’s role in stablecoin activity. 🐱❤️
#TRONGlobalFriends #TGF
@trondao @TronDao_THA @justinsuntron
The figure offers a view of stablecoins as a way to move value across a network, beyond simply measuring how much token supply is held there. Nansen’s report also recorded an average of about 11.7 million successful transactions per day during the quarter.
Q3 brought institutional developments too, including the launch of the Canary Staked TRX ETF in the U.S. and Anchorage Digital’s addition of TRX staking and TRC-20 asset custody.
High settlement volume alone doesn’t tell us exactly who is transacting or what every transfer represents, but it’s one useful measure of the network’s role in stablecoin activity. 🐱❤️
#TRONGlobalFriends #TGF
@trondao @TronDao_THA @justinsuntron