林晚晚的猫|Jun 01, 2026 09:39
Saw Brother Sun repost about Tron's 8th anniversary.
Honestly, in the early days, Tron had the reputation of being a 'shitcoin.' Back then, hardly anyone believed it could survive the bear market.
Even now, many people outside the crypto space don’t realize Tron was created by Brother Sun.
What truly made Tron take off were two key turning points.
The first turning point was March-April 2019, when TRC20-USDT launched.
In March 2019, Tron struck a deal with Tether, and by April, they started issuing USDT on their own chain.
Before that, USDT mainly ran on Ethereum, where transactions were slow and fees weren’t cheap. On Tron, blocks are generated every 3 seconds, so transferring dollars takes just a few seconds and costs almost nothing.
Tron didn’t try to compete with Ethereum on flashy DeFi projects. It focused on one thing: making dollar transfers fast and cheap.
This use case gradually gained traction in emerging markets, cross-border remittances, and OTC trading, growing bigger and bigger, with a loyal core user base.
The second turning point: April 2021.
By April 2021, Justin Sun tweeted that Tron-based USDT had reached $23.9 billion, surpassing Ethereum-based USDT’s $23.4 billion for the first time. It took 729 days to achieve this.
This was the first time Tron claimed the top spot in stablecoins.
That #1 position has changed hands a few times since, but by May 2025, Tron once again overtook Ethereum with $75.7 billion in USDT, holding a 50.2% market share.
By May 2026, USDT on Tron had exceeded $90 billion.
Eight years in, the Tron chain, once dismissed as a 'shitcoin,' now carries the majority of the world’s on-chain dollars.
@justinsuntron
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