Head of Ecosystem Development: Tron aims to be Web3 Settlement Layer

Head of Ecosystem Development: Tron aims to be Web3 Settlement Layer

The "2023, Where are the Opportunities of the Metaverse" themed event sponsored by Tron has officially started. David Uhryniak, head of Tron's ecosystem development, stated that as one of the most important infrastructures in the cryptocurrency industry, one of Tron's goals is to become the next-generation internet transaction settlement layer.

David Uhryniak introduced that Tron's blockchain has processed a huge amount of assets and transactions, with more than 5.2 billion Tron transactions and a total locked position value (TVL) of over $11.8 billion. The total market value of stablecoins on the Tron blockchain exceeds $46.9 billion, making it the public chain with the fastest growth rate in the world.

In addition, David Uhryniak also stated, "In 2023, Tron's development focus will still be stablecoins, and our goal is to increase the total market value of Tron stablecoins from $40 billion to $100 billion." It is reported that as of now, the issuance of TRC20-USDT has exceeded 44.1 billion, and the number of holders has exceeded 22 million. Since April 2021, the circulation of Tron's version of $USDT has surpassed that of Ethereum's version of USDT.

 

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