
Scott Johnsson|Jul 11, 2025 01:35
USDT is great to watch because chain distribution is a pretty good proxy for measuring the bifurcated nature of its demand. Tron issuance generally the mode for ex-US real world "save and send", while remainder (ETH, etc) representative of onchain/defi.
@PlasmaFDN aiming for both but likely primed toward the former as exposure to the fastest growing segment of the fastest growing large issuer should be interesting. 1B pre-sale deposit to bootstrap helps, but derives from the latter segment (recall it came via Ethereum deposits). You're likely able to crudely measure its segment growth through viewing impact in USDT chain distribution post-launch.
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