Tron (TRX) Solidifies Stablecoin Dominance with $2 Billion Surge and Record Fees
The TRON network is making waves in the cryptocurrency space as it experiences unprecedented stablecoin activity, with over $2 billion in USDT and USDC inflows recorded in just the past week. This surge highlights TRON’s growing dominance in the stablecoin market, further cemented by Tether’s recent single-day minting of $1 billion USDT on the network. With total USDT issuance on TRON now reaching $71.7 billion—a staggering $12 billion increase since late January—the blockchain is proving to be a major player in the digital asset ecosystem. Additionally, TRON has surpassed other leading blockchains in transaction fee generation, showcasing its robust infrastructure and increasing adoption. As of May 2025, these developments position TRON (TRX) as a formidable force in the cryptocurrency market, with significant potential for future growth and innovation.
Tron Dominates Stablecoin Activity with $2 Billion Influx and Surging Fees
The TRON network is experiencing unprecedented stablecoin activity, with over $2 billion in USDT and USDC inflows recorded in the past week alone. Tether’s single-day minting of $1 billion USDT on TRON underscores the blockchain’s growing dominance, bringing its total issuance to $71.7 billion—a $12 billion increase since late January.
TRON has now surpassed other major blockchains in transaction fee generation, collecting $11.7 million in fees over the past seven days. This surge follows two consecutive weeks of substantial inflows, including $623 million before April 21 and $1.52 billion the prior week.
The network’s rising prominence in stablecoin transactions highlights its increasing role in the digital asset ecosystem, outpacing competitors in both usage and revenue generation.
Eric Trump Announces $2 Billion Binance-MGX Deal via USD1 Stablecoin at TOKEN2049
Eric Trump, executive vice president of the Trump Organization, revealed at TOKEN2049 in Dubai that Abu Dhabi’s MGX will invest $2 billion into Binance through USD1, a stablecoin issued by World Liberty Financial (WLF). The deal underscores growing institutional interest in crypto infrastructure.
The USD1 stablecoin will integrate with TRON’s ecosystem, with WLF positioning it as a "transparent and regulated" alternative to existing offerings. The announcement was made alongside TRON founder Justin Sun and WLF’s Zach Witkoff, signaling cross-platform collaboration in the stablecoin space.
Eric Trump Confirms USD1 Stablecoin Will Power $2B Binance Deal, TRON Integration Next
Eric Trump announced at TOKEN2049 that USD1, a new dollar-backed stablecoin, will facilitate a $2 billion deal involving Binance. The stablecoin is set to integrate with TRON, backed by undisclosed entities, positioning it at the nexus of high finance, blockchain innovation, and political influence.
Trump emphasized USD1’s transparency and consumer safety as CORE principles, advocating for compliant, cross-border stablecoins. The move signals growing institutional adoption of digital assets, with Binance’s participation underscoring the deal’s significance.
Trump’s USD1 Stablecoin to Back MGX’s $2B Binance Investment
At Token2049 in Dubai, Eric Trump revealed that the Trump family’s World Liberty Financial USD stablecoin (USD1) will serve as the official stablecoin for MGX’s $2 billion investment in Binance. The Abu Dhabi-based investment firm had previously disclosed plans to acquire a significant stake in the crypto exchange.
The USD1 stablecoin, issued by WLFI, will launch natively on the TRON blockchain, marking an expansion of its footprint in the digital asset ecosystem. The move underscores growing institutional interest in stablecoins as a bridge between traditional finance and cryptocurrency markets.
Eric Trump Criticizes Traditional Banks at TOKEN2049, Endorses Crypto Future
Eric Trump, Executive VP of The Trump Organization, delivered a scathing critique of traditional banking systems during his appearance at TOKEN2049 in Dubai. Alongside Tron founder Justin Sun and World Liberty Financial’s Zach Witkoff, Trump positioned cryptocurrency as the inevitable successor to what he called a "broken" financial system.
"Modern finance is absolutely broken," Trump declared, citing alleged targeting of crypto-aligned individuals by major banks. His remarks highlighted growing tensions between legacy institutions and digital asset proponents, with Trump expressing desire to see "them fall to the very people they came after."
The speech underscored deepening political divisions in financial technology adoption, with Trump framing crypto as both an economic alternative and potential instrument of retribution against establishment players.