Crowned with $80 billion: How did TRON become the world's first stablecoin public chain?

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MarsBit
06-30
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Prelude: $80 Billion Crowned - A Vision Reshaping Global Payment Landscape

In 2019, when Justin Sun, founder of TRON, claimed that his "goal was not to surpass Ethereum, but to reconstruct the underlying rules of the internet," the market was skeptical. At that time, Ethereum's ERC20-USDT monopolized the stablecoin market, and TRON's TRC20-USDT was largely seen as an almost homogeneous competition.

Six years later, in June 2025, this "bold statement" became reality. The USDT circulation on the TRON blockchain historically broke through $80 billion, making it the first blockchain network to carry a single stablecoin across this scale. This was not coincidental, but a victory of Justin Sun's carefully planned "positive strategy". He understood that stablecoins are the "dollar" of the blockchain world, and controlling its underlying payment channels would provide a voice in the reconstruction of global financial order.

From 2023, TRC20-USDT has been devouring the market at a rate of over $1 billion per month. By June 2025, its $80 billion circulation already accounted for 51.6% of global USDT total supply. More importantly, it has become the de facto "global settlement layer", processing daily transactions exceeding $25 billion and reducing cross-border payment costs by 95% compared to the traditional SWIFT system.

The code of this reversal is hidden in Justin Sun's "stablecoin strategy trilogy": imperceptible low cost, extreme high speed, and forward-looking strong compliance.

"At that time, Bitcoin transfer fees were as high as $30, while TRON only needed about $0.1," recalled an early developer. This extreme friendliness to small, high-frequency transactions was the fulcrum for TRON to leverage hundreds of millions of "sinking market" users. When a small Southeast Asian merchant discovered that settling payments with TRC20-USDT was 95% cheaper than Western Union remittance, the choice became obvious.

Turning Point: A Triple Harmony of Technology, Market, and Compliance

TRON's rise is a perfect ensemble of technological selection, market positioning, and compliance strategy. It did not fall into the trap of "technology for technology's sake" but pragmatically solved real-world problems.

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Facing challenges, Justin Sun's response is quite philosophical: "Capital never sleeps, but technology always moves forward. When TRX becomes a payment tool for billions of people, blockchain will be the new world language."

From being a suspected "latecomer" to a crowned "king" with $80 billion, and then aspiring to become a "rule-maker" for global financial infrastructure, the story of TRON is one of the most inspiring chapters in the crypto world over the past decade. It proves that precise strategy, insight into users' real needs, and decisive grasp of trends are far more important than temporary technological leadership. The revolution of global capital flow efficiency has only just begun.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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