USDC supply on Tron dropped sharply while USDT’s dominance rose. TRX jumped nearly 15% at press time. The current stablecoin turmoil has spread far and wide and no crypto project has managed to stay aloof from its impact. Tron [TRX], the layer-1 blockchain, saw its USD Coin [USDC] supply drop from $1.03 billion at the
![Assessing the state of TRON [TRX] amidst ongoing Stablecoin turmoil](https://images.cryptocompare.com/news/default/ambcrypto.png "Assessing the state of TRON [TRX] amidst ongoing Stablecoin turmoil")
