It's been very evident that TRON stablecoins transfer transaction costs were becoming exorbitant whilst Ethereum still suffers from L2 fragmentation and poor UX (gas payments & migrating assets between networks). Only makes sense to have a network focused on optimising for the cross-border transfers of stablecoins and to bring stablecoins to the masses via a Neobank very much akin how Hyperliquid designed HyperCore L1 for performant perpetual trading. Expecting this trend to accelerate.
something i noticed recently. ETH + TRON stablecoin duopoly went from ~100% market share in 2021 to 85% today. stables on non-ETH/TRON L1s are up to $43b now
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