📈💸 Tether (USDT) is making waves on Tron! Weekly transaction volume hit a whopping $110 billion in the first week of April. That's 2x the volume settled on Ethereum, folks! Tron's low fees are making USDT transactions a breeze.
📊 Last month, USDT transactions on Tron were at peak levels, averaging around 2 million daily. Tether's market cap also hit a cool $100 billion, solidifying its dominance in the stablecoin space.
🔗 But it's not all sunshine and rainbows. As USDT grows on Tron, so does illicit activity. Tron accounted for 45% of illegal transaction volume in 2023. Despite this, Tether insists on the positive impact of the stablecoin.
🗣️ What do you think about this surge in USDT transactions on Tron? Let's chat in the comments! #DeFi #Web3 #CryptoNews