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      Allbridge Processes $1.64 Billion in Stablecoins on TRON Network

      Allbridge Core, a cross-chain stablecoin bridge, has successfully processed $1.64 billion in stablecoins through the TRON network, completing nearly 80,000 transfers. This achievement positions TRON as the leading network within Allbridge's ecosystem, particularly as it capitalizes on the network's significant activity in Tether (USDT).

      During the second quarter of 2026, TRON recorded approximately $2.08 trillion in stablecoin settlement volume across 1.1 billion transactions, with its USDT supply reaching around $89 billion, accounting for nearly 47% of the global USDT supply. Notably, about 93% of TRON's stablecoin transfers in this period were peer-to-peer transactions, indicating a strong demand for direct money transfers among users.

      Allbridge completed its full integration with TRON in June 2026, establishing it as a key cross-chain hub for USDT alongside Ethereum and Solana. However, the platform faced challenges when it experienced a $1.65 million flash-loan exploit in July 2026, which led to a temporary pause of its protocol. In response, Allbridge is shifting towards pool-less routing in future updates to enhance security and mitigate risks associated with liquidity pools. This strategic pivot aims to differentiate Allbridge in a competitive landscape where other protocols are also exploring innovative bridging solutions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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