Tron Blockchain Experienced The Highest Stablecoin Inflows In The Past Week
In the past week, both TON Blockchain and Avalanche Blockchain experienced massive outflows, with TON losing about $280 million and Avalanche losing $506 million. This shows a change in liquidity from these Blockchains.
The movements of Stablecoin has experienced a shift in the liquidity across the prominent Blockchains last week. Tron (TRX) Blockchain saw remarkable inflows in the past week, with increase of about $824 million USD Coin (USD) and Tether (USDT) in holdings.
Tron (TRX) Blockchain has become the network choice for Stablecoin activities, because of low transaction fees of the Tron Blockchain and quick transfers. Trading and payment platforms mostly use Tron network for their USDT transactions.
Other Blockchains that experienced Stablecoin inflows in the past week are Polygon (POL), Base, and Optimism (OP); making them competitive choice. However, Tron (TRX) Blockchain had the most inflows in the past week.