$TRX TRON has increased nearly tenfold from the bottom, with over 50% of stablecoins issued on the TRON chain. The main reasons are the low TRC20 transaction fees, fast speeds, and a large user base. This is also a significant reason why TRX has surged tenfold in this bull market.

Recently, USDT and USDC's parent company Circle has launched the Arc public chain, while USDT's parent company Tether is developing the Plasma public chain. It seems that the two major stablecoin issuers in the market want to create their own public chains.

This is definitely negative for TRX. Additionally, 65% of TRX's chips are controlled by Sun, and currently, Sun's USDD project has not taken off. It is uncertain whether TRX can remain strong after losing its value support.