Stable coins have seen significant growth, with a market cap of $150 billion. The rise in interest rates has spurred the need for yield-bearing stable coins. Projects like TON blockchain are gaining traction, with impressive growth and user numbers, potentially challenging established players like Ethereum and Solana. Telegram's TON blockchain has shown strong performance in daily active addresses, surpassing Ethereum. The ecosystem offers opportunities for billions in crypto assets seeking yield, attracting attention for its potential to compete with leading cryptocurrencies.
The era of yield-bearing stablecoins is upon us.
$USDt on TON market share is growing super fast as well. https://t.co/Onw6nbAHln
TON BLOCKCHAIN OUTPERFORMS ETHEREUM IN DAILY ACTIVE ADDRESSES: DETAILS… - Telegram’s TON blockchain has consistently outperformed Ethereum in daily active addresses (DAAs) this month. - Delphi Digital noted that TON’s daily active addresses have surpassed Ethereum, attributing… https://t.co/SB2fgSRDlM https://t.co/sJlLNuawfW
Gud post by Alex. $TON fat protocol thesis pretty well laid out. ✅TVL parabolic last 30 days at $514m ✅@Tether_to + $TON partnership means $USDT can be natively minted on chain ✅UX/UI is excellent; normies can seamlessly utilize the @telegram wallet w/o high barrier to… https://t.co/sREGuRQTwh https://t.co/PmvuB3Su86
While lagging behind Solana, TON’s daily active addresses have exceeded Ethereum’s figures every day except for one thus far in June. Some believe TON could close the distance in market cap with Solana. @httpsageyd reports https://t.co/ElnBchbqUN
Could Telegram’s TON blockchain be the 'next Solana' and successfully challenge Ethereum? TON’s daily active addresses have surpassed Ethereum’s every day in June except for one thus far. @httpsageyd reports https://t.co/USvc6LGZ4m
Stablecoins are crypto's best pmf https://t.co/8yI9R64hps
TON is looking to be one of the biggest growth stories of this cycle Durov grew telegram to one of the biggest apps in the world, and this app now services as one of the biggest and best distribution channels a protocol could ask for Mini App growth is set to explode and that… https://t.co/efhSeDm2bs
While a lot of things are happening on ETH and SOL, there is one ecosystem I am incredibly bullish on: @ton_blockchain There is potentially billions in crypto assets seeking yield on TON from 900m active users And one way to earn that yield at scale 👀
A Better Stablecoin on a Perp DEX, by @egfalken https://t.co/s0rcXZLxHx
With 900mm users on telegram, the @ton_blockchain is something to watch. Excellent thoughts from @coinfund_io CIO, @flexthought, in @business. https://t.co/1mgCBXTvtZ
Stablecoins: From $0 to more than $6 trillion in annual transaction volume in less than 5 years. That's exponential growth. Stablecoins are great for the USD. https://t.co/osPJtvbKve
You've probably already heard of #TON's impressive growth so far. 🔹 30x TVL increase 🔹 Games with tens of millions of users 🔹 Transaction volumes topping $BTC and $ETH So let's dive deeper with @WOOXResearch into some noteworthy projects in that ecosystem 👇 https://t.co/VbwX14rICp
Stable coins have a Market Cap of $150 Billion. With increasing interest rates, a new breed of stable coins is needed to offer yield. Let's discuss Yield Bearing Stable Coins in detail 🧵 https://t.co/xMoQXSIP8f