Unlike other platforms focused on trading and DeFi (think Solana, Avalanche, and Ethereum), Tron has carved out a distinct path by prioritizing peer-to-peer (P2P) transactions. Michael Nadeau, a crypto analyst, points out that Tron is now the leading platform for stablecoin transfers, especially in emerging markets, thanks to its focus on real-world use cases.
The Stablecoin Revolution
Stablecoins have emerged as a critical crypto use case, accounting for nearly 50% of all on-chain transactions. However, the way stablecoins are used varies across platforms:
Solana: 88% of its stablecoin volume is tied to trading, mostly in DeFi and CeFi.
Tron: Only 5% of its stablecoin volume is linked to DEXs and CEXs. The other 95% comes from peer-to-peer transactions, providing a stable alternative to local currencies.
Tron’s Impact
Tron’s dominance in this area is impressive, with $3.3 trillion in non-trading volume so far this year. This suggests it’s fulfilling its mission of "banking the unbanked" and giving people in emerging economies a reliable way to convert local currency to a more stable one, like the US dollar.
Final Thoughts
In a crypto world driven by trading, Tron is proving that real-world utility matters just as much.
https://coinpedia.org/price-prediction/trx-tron-price-prediction/