Tron’s stablecoin market capitalization has grown by more than 8% in the last seven days, crossing the $40 billion mark, according to DeFillama data.

Over the past week, the Tron network witnessed a massive inflow of more than $1 billion on March 12 and $917.49 million on March 17, according to DeFillama data.

USD Inflow to Tron
USD Inflow to Tron (Source: DeFillama)

Tether USDT Dominates TRON

Tether USDT dominates 94.36% of the total stablecoins on Tron. USDT has a market cap of 39.26 billion after increasing by 8.26% in the past 30 days.

The high-flying TrueUSD (TUSD) stablecoin has grown its supply massively during the past week. According to DeFillama data, TUSD supply increased by 118% to $1.31 billion — making it the second-largest stablecoin on the network.

Stablecoins on Tron
Stablecoins on Tron (Source: DeFillama)

Meanwhile, TUSD’s total stablecoin supply recently crossed the

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Author: Oluwapelumi Adejumo

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