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USDT supply on TRON network hits a new high of 81.77 billion USD, TRX price may usher in a new round of rise

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The USDT supply on the TRON network has recently surged to a historic high of $81.77 billion, highlighting TRON's importance in stablecoin transfers and potentially triggering a new price surge for its native token TRX. Analysts point out a strong correlation between USDT supply growth and TRX price, with historical data showing that during the 2021 bull market, USDT on TRON grew from $900 million to $30 billion, with TRX price soaring 908%. Additionally, TRON network's low fees and efficient transactions continue to attract users, especially in remittance and decentralized finance (DeFi) applications. Meanwhile, Ripple CEO Brad Garlinghouse made a significant statement about the future of the stablecoin market, predicting its market value will dramatically increase from the current $250 billion.

TRON Network USDT Supply Surges to Historic High of $81.77 Billion

The TRON network is experiencing significant growth in Tether ($USDT) supply, currently reaching a record $81.77 billion. As the most widely adopted stablecoin on TRON since its launch in 2019, USDT's continued growth highlights the blockchain's increasing importance in stablecoin transfers.

Analysts note a strong correlation between USDT supply growth and TRON's native token (TRX) performance. Historical patterns indicate that TRX price trends often synchronize with USDT supply expansion - a trend particularly evident during the 2021 bull market, when USDT on TRON grew from $900 million to $30 billion, and TRX price surged 908%.

The network's low fees and efficient transactions continue to attract users, especially in remittance and decentralized finance (DeFi) applications. CryptoQuant researcher @JA_Maartun observed: "When Tether moves, TRON grows" - highlighting the symbiotic relationship between stablecoin activity and blockchain adoption.

Ripple CEO Drops Bombshell in Stablecoin Market, Will RLUSD Be the Savior?

Ripple CEO Brad Garlinghouse sparked discussion about the future of the stablecoin market, predicting its market value will surge from the current $250 billion to $1-2 trillion in the coming years. Currently, Tether's USDT dominates with a $160 billion market cap, but Garlinghouse believes there is room for disruption. "The growth trajectory is undeniable," he stated in a CNBC interview, echoing U.S. Treasury Secretary Scott Bessent's prediction of a $3.7 trillion market by 2030.

While Ripple's entry into the stablecoin market with RLUSD comes late, it stems from institutional demand. "We've been using stablecoins in payment flows for years," Garlinghouse emphasized that RLUSD is a solution built for enterprise clients, not a speculative tool. This move marks Ripple's ambition to capture market share as regulatory frameworks like the GENIUS Act gradually become clearer.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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