Stablecoin Activity Shifts on Tron and Avalanche Networks

Recent data from blockchain analyst Lookonchain reveals substantial shifts in stablecoin volumes across different blockchains over the past week. The Tron network witnessed a notable increase of $2.17 billion in stablecoin holdings, while the Avalanche network experienced a decline of $66.22 million in USDT and USDC specifically. These movements offer valuable insights into the dynamics of stablecoin adoption on these networks.