Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- The Tron network recently garnered attention from Tron’s unexpected, last-minute deal with FTX to facilitate limited withdrawals in the final days of the exchange
- Tron’s algorithmic stablecoin USDD has seen heightened volatility amidst market fears of instability at widely trusted crypto institutions
- At the same time, Tron’s role in the stablecoin ecosystem continues to grow as it becomes the largest source of USDT supply
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