Stablecoin issuance fell by $13.9 billion, but USDT on the Tron network hit a new high

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Crypto界网 news: In recent months, as the overall crypto market has remained sluggish, the issuance volume of the two major stablecoins, USDT and USDC, has decreased by about $13.9 billion. Of this, USDT decreased by about $7.4 billion and USDC decreased by about $6.5 billion. However, the decline in issuance volume has not affected the adoption of stablecoins in multiple financial scenarios; instead, it has shown a “big浪淘沙” trend. In the first half of this year, the real economic transaction volume (ATV) of stablecoins reached $8.82 trillion, while Bitcoin’s ATV for all of last year, when it hit a historical high, was $10.8 trillion. USDT’s contribution accounts for more than half. Notably, amid the overall issuance decline, the amount of USDT issued on the Tron network has grown to a new high of $88.2k, increasing by $2.0 billion over the past month. This suggests that what is decreasing mainly is USDT on Ethereum, where adoption is mainly driven by DeFi, while the Tron chain has maintained steady growth in real demand in scenarios such as transfers, remittances, and payment settlement.
USDC0.01%
BTC-0.36%
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NotificationSoundInMistyValley
· 6h ago
Tron has issued 90.3B in circulation, and Sun Ge is laughing his head off.
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RedTelephoneBoothSite
· 6h ago
Stablecoin payment scenarios are the real moat; trading coins is just noise.
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BluePeonyObserver
· 7h ago
8.82 trillion ATV, stablecoins are the hidden big shots
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ButterStop-LossLine
· 7h ago
13.9 billion in issued supply evaporated, but trading volume didn’t crash—indicating the coin isn’t dead; it’s just changing hands.
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MarketMakingForMoonlitDeepPool
· 7h ago
USDT can do even better than BTC in the real economy—it's a bit counterintuitive.
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GateUser-4cc35c5c
· 7h ago
TRON has been solid this wave—who wouldn’t love cheap transfers?
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MirrorBallRolling
· 7h ago
Has Ethereum DeFi gone cold? All the money has run to Tron.
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