There has been a remarkable surge in USDT transactions within the TRON ecosystem via TronDAO, showing a substantial increase since early February, now averaging over two million transactions daily.
According to the latest data compiled by IntotheBlock, the surge brings the transaction volume close to the peak observed in January 2023.
USDT Transaction Volume Soars on TRON DAO
For the uninitiated, TRON DAO is a decentralized autonomous organization connected to a blockchain ecosystem. USDT, complying with the TRC-20 token standard on TRON, allows transfers using various non-custodial wallets like TronLink, Trust Wallet, and MetaMask.
TRON’s popularity for stablecoin transfers, particularly with USDT TRC-20 tokens, stems from its scalability advantage over Ethereum, resulting in comparatively lower on-chain fees.
With its higher throughput capacity, the TRON network supports intensive projects without the significant “gas” requirements associated with Ethereum, making it an increas
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