Tron Eyes Bigger Market Share In Asia After Securing Dominance In Latin America
The post Tron Eyes Bigger Market Share In Asia After Securing Dominance In Latin America appeared on BitcoinEthereumNews.com.
It is no secret that the Tron network has been dominating in terms of stablecoin transfer volumes as well as the total stablecoin growth. However, a recent analysis revealed some interesting details regarding how the network has been performing by region. According to a recent analysis on CryptoQuant, the Tron network has been dominating stablecoin transactions in South America. USDT transfers on the Tron network were the most popular form of stablecoin transaction in South American countries such as Brazil, Argentina and Colombia. Despite this growing popularity of Tron’s USDT in South America, the network’s popularity was also on the rise in other key regions. The US accounted for the highest Tron spot volumes. Tron spot volume by region/ source: CryptoQuant Tron Continues to Make Inroads into the Asian Market The Tron network has also been experiencing significant adoption and growth in the Asian region. According to the chart, Asia trailed the U.S in terms of trading volumes. CryptoQuant analysis revealed that the performance was largely backed by rising transaction activity, mostly from East Asia. Hong Kong and Korea contributed a significant amount of those volumes. The rising stablecoin transfer volumes on Tron aligned with the improving sentiment around cryptocurrencies in China. For example, China recently softened its stance on stablecoin, and it was reportedly considering launching a Yuan-backed stablecoin. JUST IN: China considers yuan-backed stablecoins, eyes rollout in Hong Kong and Shanghai for cross-border use – Reuters. pic.twitter.com/YfqhVEta1E — Whale Insider (@WhaleInsider) August 20, 2025 Interestingly, China’s push into Yuan-denominated stablecoins underscored its retaliation. This was after the U.S pushed aggressively towards using stablecoins to extend its dominance across the world. In other words, the race for global monetary dominance through blockchain technology was on. Moreover, Tron’s stablecoin dominance also allowed it to strategically benefit from the rising stablecoin…
Filed under: News - @ August 24, 2025 5:21 pm