by aria-ratings.com
August 12, 2025 at 22:04
New US Law Boosts TRON's Stablecoin Expansion with USD1 Minting
Tron is experiencing a significant growth phase, marking its prominence in stablecoin transactions following its recent public offering.
The USD1 stablecoin has seen a thriving market, underscored by a recent $23 million minting on August 6, 2025.
This issuance was notably the first under the newly passed GENIUS Act, which establishes rigorous federal standards for stablecoins in the US.
Under this law, stablecoins must maintain a 1:1 backing with US dollars or US Treasury securities, enhancing institutional trust.
The legislation also requires authorized issuers to publish monthly reserve reports verified by independent audits, protecting investors effectively.
Although USD1's market size is smaller compared to giants like Tether and USDC, it has experienced a noticeable increase in both market cap and transaction volume.
Tron has now cemented its status as the second-largest network for stablecoins, with an impressive $83.1 billion in circulation.
The network benefits from low transaction fees and high processing speeds, making it an attractive platform for stablecoin activities.
Amidst this backdrop, Tron's native token, TRX, is also witnessing bullish trends, recently reaching $0.3464 after a 2.39% gain.
With strong momentum and supportive technical indicators, both Tron's ecosystem and its stablecoin are poised for a brighter future in the evolving regulatory landscape.
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