TRON: A Leading Hub for USDT and DeFi Activity
The TRON network has solidified its position as a cornerstone of the stablecoin ecosystem, particularly for USDT transactions.
With over 50 million unique addresses and a staggering $550 billion in monthly volume, TRON is at the forefront of blockchain innovation.
USDT on TRON: A Game-Changer Since 2019TRON’s dominance in stablecoin activity can be traced back to March 2019, when Tether announced the launch of USDT on the TRON blockchain. This move provided users with faster transaction speeds and lower fees compared to legacy platforms like the Omni Layer and Ethereum mainnet. By December 2024, TRON was responsible for approximately 41% of all stablecoin transaction volume, further cementing its role as a leader in the space.
Explosive Growth in Total Value Locked (TVL)TRON’s total value locked (TVL) has surged past $23.4 billion, showcasing its growing appeal to decentralized finance (DeFi) participants. Over the last 30 days, the network has demonstrated remarkable growth, achieving:
– 2.62 million+ daily active accounts, reflecting robust user engagement.
– 174,000 new daily accounts on average, indicating strong adoption.
– $304.54 million in total protocol revenue, highlighting the network’s economic strength.
TVL on TRON has surged past $23.4B. Over the past 30 days, the protocol has hit…
➡️ 2.62M+ daily active accounts
➡️ 174K new daily accounts on average.
➡️ $304.54M in total protocol revenue.
Read more from @SamElfa0 on @trondao: https://t.co/ucLfe5y6va
Data via: @TRONSCAN_ORG pic.twitter.com/4h6CdgUo4N
— OurNetwork