
Phyrex|May 18, 2025 18:20
Just now when I was checking the BTC price increase information, I even found out if Tether had any new actions. However, I discovered that the USDT issued on Torn had risen to the top position, exceeding 75.7 billion US dollars, ahead of the second place Ethereum's 1.2 billion US dollars. It should be noted that Tether issued a total of 151.2 billion US dollars in USDT, which means that the number of stablecoins on Torn exceeded 50% of the total USDT issuance.
Previously, this position was all for Ethereum, and I didn't even notice when the amount of USDT on Torn started to increase. I thought that after TRC20 increased the transaction fee, the number of users would decrease, but unexpectedly, it not only didn't decrease but also rose to the top position.
Recently, the United States has been committed to the compliance of the demand for stable currency, and the two parties are also discussing the stable currency bill. Even the Trump family is issuing stable currency, and USDC is also cooperating with Binance. From all signs, the next year is likely to be the year of the outbreak of stable currency, so more compliant and stable currencies will run on that chain, which should be the battleground of each public chain.
At present, a lot of USDT is already on Tron, while the largest issuance of USDC is on Ethereum, with less than 40 billion US dollars. In addition, it is on Solana, but the issuance is less than one-third of Ethereum. Therefore, it can be seen that the current stablecoin battle is most likely between Torn and Ethereum.
Considering the nature of Trump as a businessman, it may be really interesting if Justin continues to spend money on a consultant (the USD 1 is issued by World Liberty Financial, and Justin himself is a consultant of WLFI).
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