Plasma: Pre deposits are fully booked, with a peak FDV of $16.9 billion. Stable: Tether's eldest son, the highly anticipated stablecoin public chain narrative. Sun Ge: 80.2 billion USDT issuance - KO! The two stablecoin public chain narrative projects XPL and STANLE FDV, which were once jokingly referred to as "punching and kicking Sun Ge in the arena," have both fallen below $2 billion, while Tron @ justinsuntron seems to have become the "biggest winner A set of simple data ▶ USDT issuance: Tron 80.2 billion, Plasma 1.94 billion, Stable 482 million ▶ Daily transaction volume: Tron USDT has 39.4 billion transactions per day, Plasma peak has 7.208 million transactions per day, Stable peak has 85000 transactions per day, and the data for the latter two projects also includes all token transfer transactions, including native tokens. The narrative is very sexy, but from a data perspective, both the USDT stock and daily trading situation seem to be in a hanging state. It seems like a bit of a tender data source to try to take away the long-standing foundation accumulated by the market in the USDT field for many years https://stablescan.xyz/chart/tx https://plasmascan.to/insight/chart?id=tx&metrics=chain%3A9745%3ATransactions%3A%2327aeef%3Aday%3Alinear%3Aline%3Avisible%3Ay1%3Anone%3A https://tronscan.org/ /data/charts/tokens/usdt-stats