TRON Foundation expressed:  According to TRONSCAN ORG, the total transfer volume of stable coins on TRON network exceeded $17 billion and reached $17,629,669,787 on Nov 9, 2021.

The strong alliance of 4 TRON -based stablecoins are USDT, USDJ, TUSD and USDC. With the increase of TRON on-chain demands and circulation, the transfer volume of TRON’s stablecoins continues to grow.

USDT is the USD-pegged stablecoin issued by Tether on the TRON network. The token will be able to complete issuance, holding and transfer via smart contract on TRON, with a completely free and transparent process, zero transfer fee, and instant delivery; it will also be able to write programs that are highly expansible based on smart contract. TRC20 based USDT enables interoperability with TRON-based protocols and Decentralised Applications (DApps) while allowing users to transact and exchange fiat pegged currencies across the TRON Network.

TRC20 based USDT smart contract address is unique. USDT is compatible with the Ethereum/ERC20 and Tron/TRC20 networks.

For clarity, TRC20-USDT refers to USDT issued on the TRON network, ERC20-USDT refers to USDT issued by Tether on the Ethereum network. The USDT issued on TRC20 and ERC20 are both identical, however fees to transfer this USDT can often be cheaper on the Tron network using TRC20.

USDJ is a collateral-based decentralized stablecoin that is pegged to USD at 1:1 and keeps the exchange rate stable with an automatic feedback mechanism. It can be earned through staking and trading.

USDJ is backed by huge amount of asset reserves to maintain price stability.  Fast, efficient and almost-free USDJ transfer service based on the TRON network.

TrueUSD (TUSD), the world’s most transparent stable coin, fully collateralized and independently attested live on-chain, is available on TRON as TRC20-TUSD. TUSD is widely considered to be one of the safest stablecoins currently available on the markets. This is partially due to the transparency of TrustToken and the fully-backed nature of the cryptocurrency.

TUSD is the first asset token created on the TrustToken Platform and provides users with regular attestations of escrowed balances, full collateral and legal protection against the misappropriation of the underlying USD.

USDC is a stablecoin pegged to the price of a US dollar. Its goal is to make transactions faster and cheaper than traditional payments while reducing the volatility typically associated with cryptocurrencies like Bitcoin. USDC allows unbanked individuals in any country in the world to hold dollar value with nothing more than a mobile phone and a digital wallet. USDC launched on TRON in June, 2021.