TRON leads stablecoin market cap growth with $279.5M added in 24 hours
- —The $279.5M daily gain was the largest of any blockchain
- —USDT on TRON hit an all-time high above $92.7 billion
- —TRON settled $2.21 trillion in stablecoins in Q3, 73% of global volume
- —TRON's share of stablecoin market cap rose to 30.2% from 28.7% in June
Why it matters: TRON's growth deepens Tether's reliance on a single network, with nearly half of the ~$184 billion global USDT supply circulating on it.
Source: Crypto Briefing