Tron the surging stable coin
TRON's (TRX) stablecoin supply swells
TRON DAO recently announced from Switzerland that their circulating supply now exceeds $70 Billion. This demand for TRX was attributed to their high speed blockchain solutions as well as being cost effective and used for cross-border payments. TRON also announced they are the preferred settlement layer for stablecoins unseating Tether (USDT). The are several benefits TRON has over other stablecoins, one being they are not being attacked by EU and a few I mentioned a couple of sentences above.
TRON has a TVL of...
$20B of TVL and has over 302 million active accounts and they have processed more than 10 Billion transactions. This is a pretty large percentage of the total world population being 7-8 Billion people.
TRON is collaborating with Tether and TRM Labs
This collab established the T3 Financial Crime Unit (AKA T3 FCU) to take on bad activities on the blockchain. T3 FCU has already successfully assisted in freezing more than $150 million in bad guys money, this is of course while working with local law enforcement agencies.
Summary
As I stated a couple of weeks ago TRON (TRX) is one of my new favorites and learning that they are now the #1 settlement coin globally makes me think I need to dig even deeper. Kudos to TRON & Tether for working together and I look for more T3 FCU takedowns of cyber groups trying to utilize blockchain(s) for their nefarious work.
#AirdropStepByStep #Trump100Days #BinanceAlphaAlert #TrumptaxCuts