On April 14, the thematic event "Where Are the Metaverse Opportunities in 2023," sponsored by TRON, officially kicked off. David Uhryniak, Head of Ecosystem Expansion at TRON, stated that as one of the most critical infrastructures in the crypto industry, one of TRON's goals is to become the transaction settlement layer for the next-generation internet. In 2023, TRON will continue focusing on stablecoins, aiming to grow the total market capitalization of TRON-based stablecoins from $40 billion to $100 billion.
According to David Uhryniak, the TRON blockchain supports a massive volume of assets and transactions. Currently, TRON has processed over 5.2 billion transactions, with a total value locked (TVL) exceeding $11.8 billion and a total market cap of stablecoins surpassing $46.9 billion, making it the fastest-growing public blockchain globally. As of now, the issuance of TRC20-USDT has exceeded 44.1 billion tokens, with holders surpassing 22 million accounts. Since April 2021, the circulating supply of USDT on TRON has surpassed that on Ethereum, ranking first worldwide and becoming users' preferred choice for stablecoins.
David Uhryniak also pointed out, "As a globally leading public blockchain platform with a highly prosperous ecosystem, TRON has gradually established its competitive moat across key sectors such as stablecoins, cross-chain interoperability, DeFi, NFTs, GameFi, Web3, and the metaverse, driving robust growth throughout the entire industry."
