TRON (TRX) Solidifies Position as Leading Blockchain for Stablecoin Transactions

Justin Sun, founder of TRON, has highlighted the blockchain’s rising prominence as a trusted platform for value transfer, with significant daily transaction volumes and a growing user base.

TRON Emerges as Trusted Blockchain for Value Transfer, Says Justin Sun

Justin Sun, founder of TRON, underscored the blockchain’s growing reputation as a reliable platform for value transfer during a conference in Dubai. TRON now ranks among the top blockchains for stablecoin transactions, processing $20 to $30 billion daily across 300 million user accounts.

The network’s USDT circulating supply has surpassed $70 billion, reflecting robust trust in its infrastructure. TRON’s commitment to security is further evidenced by initiatives like the T3 FCU, which collaborates with global law enforcement to ensure transparency and combat financial crimes.

Ex-SEC Chair Gensler Held Private Pro-Crypto Views, McHenry Claims

Former U.S. Representative Patrick McHenry disclosed that ex-SEC Chair Gary Gensler privately expressed more favorable sentiments toward cryptocurrencies than his regulatory actions suggested. McHenry, following a private meeting, stated Gensler was "not as anti-crypto in private as he appeared in public." The former regulator reportedly acknowledged the potential of digital assets and blockchain technology, drawing from his academic background at MIT, where he taught fintech and explored concepts like crypto airdrops.

Despite this, Gensler’s tenure as SEC Chair from 2021 to 2025 was marked by aggressive enforcement, with over 100 actions against major crypto firms including Coinbase, Binance, and Kraken. The industry widely criticized his approach, which targeted alleged violations of securities laws and fraud.

TRON’s TRX Surges 5% as It Overtakes Ethereum in USDT Circulation

TRON’s TRX token rallied 4.8% in 24 hours, climbing from $0.264 to $0.276 before a slight pullback. The surge coincided with TRON surpassing ethereum as the leading blockchain for USDT circulation, hosting $73.8 billion compared to Ethereum’s $71.9 billion.

Geopolitical developments continue to shape the cryptocurrency market. The White House’s announcement of a U.S.-China trade agreement has eased tensions, bolstering market sentiment. Institutional adoption accelerates, underscored by Coinbase’s addition to the S&P 500—a milestone for mainstream acceptance.