TRON celebrated a record month of May,??? ??? ?? achieving multiple massive milestones in a few short weeks. Including USDD, the collateralized decentralized stablecoin on TRON.
USDD made it onto CoinMarketCap’s top 100 only 16 days after its May 5 launch. As of Wednesday, June 1, 2022, USDD has reached a new milestone with over $667M in circulating supply burning over 8 billion TRX along the way.
TRON now ranks third among all public chains by TVL at $6.17B, following closely behind Ethereum and BNB Chain, according to data provided by DefiLlama, one of the largest TVL aggregators for DeFi.
As of Thursday, May 26, 2022, TRX has surpassed AVAX to become number 13 in overall market cap at nearly $8B, according to CoinMarketCap.
According to CoinMetrics on Sunday, May 29, 2022, TRON has also ranked first in the number of active addresses compared to BTC, ETH, XRP, LINK, XLM, BNB, DOGE, MANA, ADA, QNT, LTC, DOT, ZEC, EOS, NEO, 1INCH, AAVE and QNT.
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