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Research: TRON and gold-backed stablecoins poised for growth as Ethereum activity shrinks Research: TRON and gold-backed stablecoins poised for growth as Ethereum activity shrinks

Research: TRON and gold-backed stablecoins poised for growth as Ethereum activity shrinks

Ethereum stablecoin activity plunges, but potential new narratives are emerging in TRON and gold-backed stablecoins.

Research: TRON and gold-backed stablecoins poised for growth as Ethereum activity shrinks

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

As stablecoin activity on Ethereum trends down, TRON emerges as a potential winner in the changing landscape. However, a new narrative is taking shape with gold-backed stablecoins. Amidst growing concerns over the safety of USDC and BUSD, USDT's market cap has risen, suggesting the market views it as more trustworthy. Will TRON truly dominate over Ethereum, and can gold-backed stablecoins seize the opportunity in the current macroeconomic conditions? Discover the answers and the surprising insights we reveal in the full article...