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TRON Stablecoin Snapshot Shows $94.188 Billion on Oct. 29

The reading showed a 0.30% one-day decline, while USDT accounted for 97.87% of stablecoin value on the network.

By Enna Lee
Published
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Clear glass discs fill most of a red circular channel / TokenPost.ai
Clear glass discs fill most of a red circular channel / TokenPost.ai

A Thursday, Oct. 29 snapshot put stablecoin market capitalization on TRON at $94.188 billion, with Tether USD (USDT) making up 97.87% of the total and concentrating most of the network’s stablecoin value in one asset.

The reading showed a 0.30% decline over one day. USDT’s market capitalization was $92.181 billion.

A mid-October snapshot of TRON’s stablecoin market listed $95.288 billion in total stablecoin capitalization, with USDT at 97.77%. The two readings are observations from different dates.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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