News30 May 2022

Tron to the throne (yes, yes, about Terra again)

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Good old Tron has suddenly made it to third place in TVL among DeFi blockchains, thanks to the launch of its algorithmic stablecoins. Yeah, it's kind of like what Terra had.

So at the time of writing, blockchain Tron is the third most capitalised blockchain after Ethereum and BSC, with a TVL of around $1,300,000,000. Moreover, Tron is the only blockchain that continues to grow against other major networks.

Justin Sun's brainchild has taken off after launching its USDD algostablecoin, which operates similarly to UST.

Shall we buy USDD? :)))

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