Crypto Long & Short: Inside the chain settling $150 billion of stablecoins a week

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by Josh Olszewicz , portfolio manager and head of trading, Canary Capital

The Tron TRX $0.3399 network has quietly become one of the most heavily used blockchains in the digital asset market through a singular focus on speed, cost and settlement efficiency. A layer-1 blockchain (where transactions are recorded, validated and finalized), Tron has become the dominant settlement rail for stablecoins, particularly Tether's USDT, processing billions of dollars in value transfer every day.