TRON Community Celebrates $50 Billion USDT Circulation on Tron Network
Over the weekend, TRON founder Justin Sun took to social media to congratulate the TRON community for surpassing $50 billion in USDT circulation supply on the Tron network. This milestone has sparked optimism within the market and has also led to a surge in the price of TRON.
USDT On TRON’s Circulation Reaches Record High
According to Sun’s post, Tether’s total supply on the TRON blockchain currently stands at 50.82 billion USDT, with over 36.46 million holders. Additionally, the liquidity of the stablecoin on decentralized exchanges has also experienced a slight increase, reaching $63.76 million.
The TRON community’s progress in the crypto space has been highlighted by these achievements, and Sun emphasized the community’s crucial role in reaching this milestone. He also mentioned that their next goal is to issue $100 billion in TRON stablecoins.
TRON Price Soars
As a result of these developments, the price of TRON has surged by 5.73% in the past 24 hours and is currently trading at $0.113. The trading volume has also seen a significant increase of 57.11%, reflecting the community’s impressive accomplishments.
Hot Take: TRON Community Hits Major Milestone with $50 Billion USDT Circulation
The TRON community’s achievement of surpassing $50 billion in USDT circulation on the Tron network is a significant milestone for both the community and the broader crypto market. This accomplishment has not only boosted market optimism but has also propelled the price of TRON upwards. With their sights set on issuing $100 billion in TRON stablecoins, the TRON community continues to make waves in the crypto world. As they push the boundaries of what is possible, it will be interesting to see how their progress unfolds and how it impacts the market.