Ki Young Ju Highlights TRON’s Dominance in USDT Transactions

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Coin-Turk 2 weeks ago 130

Ki Young Ju, CEO of CryptoQuant, pointed out TRON’s significant share in USDT stablecoin transactions. TRON (TRX) competes with Ethereum $3,430, processing 92% of USDT transactions and hosting over $60 billion in USDT assets.

Ki Young Ju emphasized that TRON has established a strong product-market fit in USDT usage, underscoring its leadership in USDT transactions. Despite TRX’s market capitalization being only $17 billion, the amount of USDT it holds is more than three times that value.

Founded by Justin Sun in 2017, TRON’s mainnet launched in 2018. Ki Young Ju stated that Sun built “the largest global stablecoin trading remittance system.”

Bitcoin Assessment

Ki Young Ju noted that it is too early to claim Bitcoin



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