In June 2025, the USD1 stablecoin supported by the Trump family officially landed on the TRON network, which was seen as a direct challenge to the USDT and USDC duopoly, quickly sparking market discussion. On the evening of June 16 at 8 PM, the #SunFlash roundtable opened a deep dialogue on X Space with the theme "New Stablecoin Order: USD1 + TRON, Will It Be the Global Third Pole After USDT and USDC?"This Space gathered multiple senior industry KOLs who conducted an in-depth analysis from dimensions such as technical capabilities, asset models, compliance, and capital pathways, exploring whether USD1 has a chance to break through the existing landscape and whether the TRON chain has the ability to carry the role of a "third pole" stablecoin.
In June 2025, the stablecoin market is experiencing a critical turning point. The Trump family's cryptocurrency project World Liberty Financial integrated its USD1 stablecoin into the TRON network. This milestone not only consolidates TRON's position as the "first public chain" for stablecoins but also pushes the USD1 and TRON alliance to the industry's forefront: In today's increasingly solidified stablecoin market landscape, can USD1 become a true "third pole" by leveraging political capital and TRON's technology and ecosystem?
Behind this stablecoin race is the comprehensive upgrade of the TRON ecosystem.From USDT's absolute dominance to USD1's strong entry, TRON is transforming from a "stablecoin channel" to a "financial infrastructure". The success or failure of USD1 not only concerns the survival of a single stablecoin but will also test whether TRON can truly bear the industry's expectations of a "third pole". This article will focus on the roundtable's core insights, reviewing the guests' wonderful dialogue and unique perspectives.
Crypto Insider further clarified the ecological synergy value of TRON:"TRON has built the world's most mature stablecoin financial scenario, driving stablecoins from a trading tool to an integrated infrastructure of "yield-payment-asset management"." In his view, TRON's moat is not just technical parameters, but the ability to upgrade stablecoins from a trading tool to a "financial operating system".
Four, USD1 and USDD collaboratively achieve TRON's stablecoin diversified landscape
Currently, the total circulation of on-chain stablecoins such as USDT, USDD, and USDJ on TRON is close to $80 billion, firmly ranking at the top of global public chains. With USD1 integrated into TRON, it further enriches TRON's stablecoin matrix, and guests believe TRON has now built a multi-level, differentially complementary stablecoin system.
Flying Knight explained: "TRON is essentially a diversified 'stablecoin supermarket', where USD1 serves compliance scenarios, USDD anchors DeFi high-yield demands, USDT continues to perform payment channel functions, and the three achieve capital circulation through liquidity pool sharing." Crypto Insider further pointed out the core complementarity of USD1 and USDD: USD1 and USDD constitute a "regulatory-decentralized" dual-track system, with USD1's strong audit characteristics attracting institutional funds, while USDD's algorithmic elasticity meets crypto-native users' anti-censorship needs.
North Star from a liquidity hub perspective pointed out that TRON's USD1, USDD, and TRX Vault are forming a positive synergistic effect: USD1's core value lies in its strong compliance and authoritative endorsement, while USDD, as TRON's native decentralized stablecoin, maintains currency value stability through algorithmic dynamic adjustment mechanisms and over-collateralization models, essentially practicing the self-governance concept of the crypto-native community.In cross-border payments, the three can achieve a closed loop of "compliant entry - on-chain circulation - yield generation".
As the roundtable approached its end, Bull Demon King summarized: "TRON is not simply choosing a 'stablecoin supermarket' or unified settlement layer, but creating 'species diversity' in digital finance, USD1 is a compliant channel connecting the traditional world, USDD is the value engine of DeFi, and TRX Vault will become the lubricating hub of global capital flow."
Five, Conclusion
At the intersection of technological drive and political capital, the "USD1 + TRON" collaborative experiment is reshaping the stablecoin power structure. As the roundtable consensus indicates, TRON has built an unprecedented "species diversity" ecosystem through ecological expansion and liquidity closed-loop architecture. If USD1 can continuously balance political empowerment and transparent compliance, and leverage TRON's technological architecture and DeFi ecosystem map, its ultimate value and mission will transcend single currency competition, ultimately promoting blockchain's upgrade from a trading tool to a global financial operating system, driving the next decade of digital finance.
