Stablecoin

DeFi

TRON

Daily

<p>In the realm of digital finance, the TRON Network has recently witnessed notable activity within its stablecoin ecosystem, as reported for the period spanning June 28 to July 4, 2024. According to data, the average daily transfer volume of stablecoins surged to an impressive $13.93 billion across various stablecoins. These stablecoins include $USDD, $USDT, $USDJ, $TUSD, and $USDC.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">🎉The average daily transfer volume of <a href="https://twitter.com/hashtag/stablecoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#stablecoins</a> on <a href="https://twitter.com/hashtag/TRONNetwork?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#TRONNetwork</a> reached $13,930,233,777 (2024.06.28-2024.07.04)! <a href="https://twitter.com/hashtag/USDD?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#USDD</a> <a href="https://twitter.com/hashtag/USDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#USDT</a> <a href="https://twitter.com/hashtag/USDJ?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#USDJ</a> <a href="https://twitter.com/hashtag/TUSD?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#TUSD</a> <a href="https://twitter.com/hashtag/USDC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#USDC</a> <a href="https://t.co/LEdbroltbL" target="_blank">pic.twitter.com/LEdbroltbL</a></p>— TRONSCAN (@TRONSCAN_ORG) <a href="https://twitter.com/TRONSCAN_ORG/status/1809145846950227981?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="tron-stablecoin-trading-volume-soars-market-cap-hits-58-1b">TRON Stablecoin Trading Volume Soars, Market Cap Hits $58.1B</h2> 
<p>This rise demonstrates the charged trading volume throughout the stablecoin side of the TRON ecosystem, furthering its relevance in the modern world of cryptocurrencies. At the same time, the total market capitalization of stablecoins on the TRON platform stands at a respective $58.115 billion, proving their importance in creating safe and stable transactions in the digital sphere.</p> 
<p>Of all the stablecoins, Tether became the recognized leader, occupying a glorious 98.29% of the market. This dominance translates to about 57.12 billion USDT in the last week of transactions. This depicts just how important and effective the coin is to the users of the <a href="https://tron.network/" target="_blank" rel="noopener">TRON network</a>.</p> 
<h2 class="wp-block-heading" id="stablecoins-boost-tron-defi-stability-and-growth">Stablecoins Boost TRON DeFi Stability and Growth</h2> 
<p>These developments underscore just how important stablecoins are for price stability and the smooth transaction of business within <a href="https://blockchainreporter.net/defi-decentralized-finance/" data-type="post" data-id="18609">DeFi</a>.</p> 
<p>As the stakeholders and investors observe such trends, they are the indicators of the continuous growth and development of the financial instruments. These trends will also define the development of the blockchain economies.</p>

TRON Network Sees Surge in Daily Stablecoin Transfers to $13.93B

Innehållsförteckning

BlockchainReporter

Andra artiklar publicerade 6 juli 2024

Ripple’s XRP price continues to decline despite legal win against the U.S. SEC

ETF Heavyweight Franklin Templeton Unveils Bullish Report on Ethereum

Daddy Tate Price Prediction: DADDY Pumps 7% After Andrew Tate Announces Airdrop, And This P2E Mem...

How and why DOT’s whales dictated altcoin’s 9% price hike

Defying Odds MoonBag Grabs the Title of Top Meme Coin Presale While NEAR Protocol and Lido Dao Fa...

Best Crypto Presale: MoonBag Crushes Fantom and SingularityNet with Top Staking Rewards

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!