USD1 has experienced rapid growth in just 2 months since its launch on TRON
On July 7, @justinsuntron announced a series of new trading pairs exclusively for the stablecoin USD1. The prominent pairs include USDT/USD1, TRX/USD1, and NFT/USD1, marking an important milestone in the development journey of this stablecoin.
On its very first day of launch, USD1 quickly demonstrated its appeal with 728 transactions, achieving an impressive trading volume of up to 5.8 million USD.
By September 1, the trading volume skyrocketed to a massive 108 million USD in just one day, reflecting strong momentum and enthusiastic reception from the community.
Although there is still a significant gap compared to the dominant position of USDT on the Tron network, the impressive growth of USD1 is gradually painting a picture of a formidable competitor.
With backing from major figures and an ever-expanding DeFi ecosystem, this stablecoin not only asserts its position but also promises to enrich the decentralized financial landscape on Tron.
#TronGlobalFriend
@TronDao_VIE @trondao
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