Tron returns in the Stablecoins race. With a new 1 billion USDT injection in Tether, the network is dangerously close to Ethereum, the current leader. This reflection is a key step in the cylinder of blockchains to control the crypto market of stable currencies.
In short
- Tether released $ 1 billion on Tron, reducing the Ethereum gap to only $ 1.4 billion.
- Tron could become the first blockchain for USDT again and put pressure on the Ethereum already down.
- Stablecoins, called to weigh 2,000 billion by 2028, have become a strategic problem among the blockchains.
Tether will hit Trona hard: Soon Stablecoins leader?
Between July 2022 and November 2024, Tron was dominated by Ethereum in terms of USDT. But the massive mint 18 billion per Ethereum allowed her to return to it. Today it seems that dynamics will reverse again.
Indeed, the Tron network has just received main support with a $ 1 billion problem in USDT on the 5th May, according to Arkham Intelligence. This operation brings Tother Tether to Tron for $ 71.4 billion, compared to 72.8 billion per Ethereum. The gap is therefore reduced to only 1.4 billion and this trend could soon reverse the hierarchy between two competing blockchains.
Ethereum under pressure while ETH falls!
Tron, Long considered to be an outsider, could therefore regain the head of the Stablecoins race … If Ethereum does not quickly match his progress. Could rely on:
- Its robust defined ecosystem;
- Its proven safety;
- Growing institutional attraction of its network.
In addition, its domination could consolidate a new strategic mint from Tether or improve cost effectiveness through Layer 2.
However, the progress of this new Trona in USDT could have highlighted the pressure down on Ethereum, by almost 3 % in 24 hours, approximately $ 1,773. If investors perceive the loss of impact in the stablecoin ecosystem, it could slow down the demand for ETH, especially due to the climb of Tron and its almost zero costs.
In the context of Stablecoins already weighing 8 % of the market crypto, their strategic role is still growing. The US treasure even predicts Stablecoins around $ 2,000 billion, which is set for clear regulation until 2028 years. In this race, every network plays – TRON or Ethereum – its place in the future digital financial system.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
