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Geneva, Switzerland / November 8, 2022 / – Messari, a leading provider of crypto market intelligence, has released two quarterly analytical reports related to theTRON ecosystem – State of TRON Q3 2022 and State of USDD in Q3 2022. gave positive conclusions about overall stable and safe strength.
USDD’s report is in the form of a quarterly report on over-collateralized stablecoins issued by current USDD custodian TRON DAO Reserve (TDR), Messari is the first to market. Indicates that you have provided the information. Whitelisted member. USDD is backed by a selection of crypto assets includingBTC,USDT, USDC, and TRX. State of USDD reports include insights on performance, issuance, deposits, reserve balances, user adoption, transactions, price analysis, and total locked values. Readers will also find qualitative analysis on topics such as monetary policy and the Peg Stability Module (PSM).
Key insights from the USDD report include:
- After rapid adoption in Q2, supply growth It stalled in the third quarter, increasing just 0.2% to reach 725 million. However, the number of wallets holding currency increased almost fivefold in Q3.
- This stablecoin is well backed by non-native currencies with a quarter-end collateralization ratio of 1.9.
- After his UST collapse and stablecoin unpegging in June, USDD maintains a tight peg, usingUSDT, USDC, TUSD, and USDJ to peg Started the Stability Module (PSM).
The State of TRON Report was also the first edition of Messari’s quarterly coverage. This report focuses on performance analysis, ecosystem development, and qualitative analysis. Readers can also learn about his TVL overview, strategy and challenges, and future outlook for TRON.
Key insights from the TRON report include:
- TRON network activity continued to show strength after his USDD launch in May.
- There has been a significant increase in total stake and total stake engaged since May.
- TVL’s 61% growth is attributed to his three unique wallets that have deposited approximately $1.6 billion in various assets.
- The TRON DAO Reserve announced that cryptocurrency his native market maker He announced Wintermute as his ninth whitelisted member, empowering him to maintain the USDD peg. rice field.
- The GreatVoyage-v4.5.2 upgrade released in Q3 aims to improve node synchronization and transaction throughput.
- If current activity persists and USDD expands across the ecosystem, TRON’s deflation-catalyzing resource model could be enhanced by demand and use of USDD.
Both reports point to the stabilizing effects of USDD collateralization, adoption, and future use cases. The TRON DAO community is excited about the encouraging conclusions from Messari’s research team.
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