While there are only a few days left until the end of 2023, a new report has arrived from the cryptocurrency analysis platform Messari.
Messari analysts said in their report that TRON DAO is rapidly rising in the cryptocurrency payments space.
At this point, analysts pointed out that an increasing number of people in developing countries are switching to USDT on TRON DAO to benefit from its store of value and payment functions.
Analysts also stated that approximately 40% of USDT demand comes especially from developing economies and included the following statements in the report.
“The vast majority of USDT demand comes from developing countries.
This is due to the use of USDT as a stable store of value and reliable payment method.
It also signals a move towards more equitable payment opportunities and stability.
The reason why the majority of people choose to access USDT through TRON DAO is due to the strong structure and easier accessibility of TRON DAO.
This shows that TRON DAO is leading the global shift towards cryptocurrency payments adoption.
Because TRON DAO has exceeded 6 billion transactions as of December 29 and has a strong user base of 200 million.”
Finally, Messari analysts also noted that many users are switching from traditional stablecoins such as USDC to USDT in TRON DAO, stating that “this change can be attributed to the efficiency of TRON DAO, lower costs and faster transaction speeds.” said.
*This is not investment advice.