"TRON Network-based Stablecoins Surge Last Week... Reaching $1 Trillion Scale"

Source
Son Min

Summary

  • LookOnChain reported that stablecoins flowing into the TRON network reached $824.51 million, approximately 1.1777 trillion won.
  • Arbitrum network recorded the second-highest stablecoin inflow with an increase of $231 million.
  • LookOnChain revealed that Avalanche network had the largest stablecoin outflow with a decrease of $506 million.

Over the past 7 days, Tether (USDT) and USDC inflows to the TRON (TRX) network reached approximately $800 million.

On the 23rd (local time), LookOnChain reported via X that "the increase in stablecoins (USDT, USDC) on the TRON network over the past 7 days amounted to $824.51 million." This equals approximately 1.1777 trillion won.

According to LookOnChain data, Arbitrum (ARB) recorded the second-largest inflow. Stablecoins on the Arbitrum network increased by $231 million over the past 7 days.

Avalanche (AVAX) recorded the largest outflow. Stablecoins on the Avalanche network decreased by $506 million over the past 7 days, equivalent to approximately 722.8 billion won. Additionally, The Open Network (TON) and Ethereum (ETH) stablecoins decreased by $280 million and $208 million respectively.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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