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"On October 19th, Justin Sun took to social media to express his belief in the future of multi-chains. He fundamentally does not see Tron and Ethereum as competitors. He pointed out that HTX supports many Ethereum projects and believes that no blockchain can meet the diverse needs of everyone on Earth, as there are significant variations in requirements globally.
According to data released by Brevan Howard Digital, the weekly trading volume of USDT on the Tron network is currently around $70 billion, while Ethereum's volume is $66 billion. This figure has significantly decreased compared to 2021-2022 when stablecoins settled about $100 billion weekly on the Ethereum network, and the trading volume of stablecoins on the Ethereum network sharply declined after the SVB crisis." |
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