In an exciting turn of events, the TRON community has marked a significant breakthrough in the broader crypto market. TRON founder Justin Sun highlighted the community’s remarkable achievements in a recent post on the social media platform X, commending them for a substantial increase in USDT circulation supply on the Tron network.
According to Sun, the TRON community now boasts over $50 billion in USDT circulation, a milestone that has ignited market optimism for the token. Simultaneously, the TRON price has experienced a notable surge, reflecting the community’s substantial progress.
The circulation of USDT on TRON has reached new heights, with Tether’s total supply standing at 50.82 billion USDT and a considerable 36.46 million holders on the TRON blockchain, as per Sun’s X post. Additionally, the stablecoin’s liquidity on decentralized exchanges has seen a marginal increase, reaching $63.76 million on January 13.
This achievement signals the TRON community’s advancement in the crypto landscape, and Sun emphasized their crucial role in this success. In his post, the TRON founder hinted at another ambitious goal, stating that the community is on track to achieve issuing $100 billion in TRON stablecoins shortly. This announcement has garnered significant interest from global crypto market traders and investors, further fueling optimism for the TRON token.
As of the latest update, the TRON price has surged by an impressive 5.73% in the last 24 hours, currently trading at $0.113. The trading volume has also witnessed a rapid increase of 57.11%, mirroring the community’s monumental achievements.