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Crypto

Crypto Long & Short: Inside the chain settling $150 billion of stablecoins a week

Crypto Long & Short: Inside the chain settling $150 billion of stablecoins a week
Image: CoinDesk

Summary

Tron launched as a content-distribution project and has become the settlement layer for a large share of the world's USDT, processing roughly $150 billion to $190 billion of stablecoin transfers a week. Josh Olszewicz of Canary Capital breaks down how the network's economics work and what stablecoin regulation could do to the thesis.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →