USD Coin (USDC) on Tron (TRX) Smashes Through Major Milestone Amid UST Drama - Aliens: AI Crypto News & Markets Updates
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USD Coin (USDC) on Tron (TRX) Smashes Through Major Milestone Amid UST Drama

PublisherPublisher
U.Today

Sat, May 14, 2022

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Aliens TLDR

USD Coin (USDC) by Circle Inc., the second-largest stablecoin by market capitalization and a major competitor of USD Tether (USDT), expands its supply on Tron (TRX) blockchain.

According to the announcement shared by H.E. Justin Sun, the net supply of USD Coin (USDC) on Tron (TRX) blockchain jumped by more than 24%.

— H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) — H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) #USDC on #TRON has surpassed 1 billion!

At the same time, as the dust settles after thw TerraUSD (UST) collapse, H.E. Justin Sun reveals that Tron's (TRX) stablecoin, USDD, can be staked with twice as much APY as UST has in Anchor Protocol (ANC).

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