The dollar-linked stablecoin has $24 billion in market capitalization stored on Tron, while it has $23.4 billion stored on Ethereum. This is “possibly a sign that crypto traders are favoring the [Tron] network’s lower transaction fees.”
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There is more tether on the Tron blockchain now than there is on Ethereum, according to new data from Coin Metrics. So reports Yahoo! Finance.
The dollar-linked stablecoin has $24 billion in market capitalization stored on Tron, while it has $23.4 billion stored on Ethereum. This is “possibly a sign that crypto traders are favoring the [Tron] network’s lower transaction fees.”