Just now, when checking the information about the rise of $BTC, I even looked into whether Tether had any new moves, only to find that USDT issued on Torn has risen to the first position, surpassing $75.7 billion, leading the second place on Ethereum with $1.2 billion. It's important to know that the total issuance of USDT by Tether is $151.2 billion, which means that the amount of stablecoins on Torn exceeds 50% of the total issuance of USDT.
Previously, this position was always held by Ethereum, and I didn't notice when USDT on Torn became so much. I originally thought that after TRC20 increased the fees, users would decrease, but unexpectedly, not only did it not decrease, it actually rose to the first position.
Recently, the United States has been committed to the compliance of stablecoins, with both parties discussing the stablecoin bill, and even the Trump family is issuing stablecoins. USDC is also cooperating with Binance. From various signs, it seems that the coming year might be a year of stablecoin explosion, so which chain will more compliant stablecoins run on? It should be the battleground for major public chains.
Currently, a lot of USDT is already on Tron, while the largest issuance of USDC is on Ethereum, with less than $40 billion. Besides that, it's on Solana, but the issuance is less than one-third of Ethereum's, so it can be seen that the stablecoin battle is likely still between Torn and Ethereum.
Considering Trump's business nature, if @justinsuntron continues to spend money to hire a consultant (USD1 is issued by World Liberty Financial, and Justin himself is a consultant for WLFI), it might really get interesting.
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