According to PANews, Visa data showed that the transaction volume of crypto stablecoins exceeded US$700 billion in November, setting a new record and approaching Visa's annual transaction level. USDT transaction volume reached US$500 billion.
Tron’s on-chain transaction volume is $314 billion, and Ethereum’s is $247 billion. If the monthly growth rate of $700 billion is maintained, it may reach $8.4 trillion next year, which is close to Visa’s $12.3 trillion in 2023.
Tron has increased the supply of stablecoins on the Ethereum chain due to its low cost and high growth rate. Tron is biased towards payment, while Ethereum is used for DeFi lending. The total market value of the stablecoin market has exceeded 193 billion US dollars, showing its potential.