Last week the daily trading volume of the crypto USDT on the Tron network surpassed that of the Visa network.
This is what emerged from an analysis by Lookonchain referring to the data of Thursday, June 20, 2024.
The 24-hour trading volume of $USDT on #TronNetwork is $53B, exceeding Visa’s average daily trading volume.
Visa’s trading volume in Q1 2024 was $3.78T and the average daily trading volume was $42B. pic.twitter.com/jolGKIUcxE
— Lookonchain (@lookonchain) June 21, 2024
USDT on Tron: the stablecoin crypto surpasses Visa
For some time now, the majority of transactions in USDT no longer take place on Ethereum, but on Tron.
Tron indeed allows faster transactions but above all significantly more economical.
Although transactions on the Tron network are actually more expensive compared to those on Ethereum’s layer-2, such as Arbitrum or Base, the majority of USDT issued are on Tron, and thus it is on that blockchain where the most exchanges occur.
On Ethereum
We współpracy z: https://en.cryptonomist.ch/2024/06/24/the-crypto-usdt-on-tron-surpasses-visa/
