The minting of USDT on the TRON (TRX) network continues, with more than 916 million stablecoins already in circulation. The prevalence of TRON-based USDT may grow, soon to take over above 25% of all issued stablecoins.
The asset competes with the USDT issued on the (ETH) network, where around 2.2 billion coins are in circulation.
But the effect of USDT is also going through an evolution, as it is not the only significant factor in (BTC) price discovery. The total number of USDT remains constant at 4,108,044,456 coins, but the composition based on different blockchains is changing.
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