Tether on Tron Crosses $3.7 Billion


Stablecoins like USDT, USDC, and Dai may end up being a major factor that brings in more everyday individual users to crypto. It may be an easier first step to understand crypto's use and technology in a stablecoin vs some of our other favorite blockchains like Ethereum, Bitcoin, Cardano, and others. 

On that note, the amount of Tether on the Tron blockchain continues to grow, recently crossing a circulating supply of $3.7 billion!

Choosing to run on Tron's blockchain could give the benefit of low gas fees and fast transactions and may actually benefit Ethereum by spreading some growth onto other blockchains and lowering some of that congestion in the mean time (I might start keeping track of how many times I say this, but I am hopeful that multiple blockchains and crypto projects can happily coexist).

 

Thanks for reading! Please follow for more updates!

How do you rate this article?

11



Exponential Explore
Exponential Explore

The best way to learn is to to teach and write.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.