Summary

TRON is a public blockchain network widely associated with low-cost stablecoin transfers, especially USDT issued on TRON as TRC-20 tokens. TRX is the native asset of the TRON network, used for network resources, staking, voting, governance participation, smart contract interaction, and transaction-related costs.

TRON matters because it has become one of crypto’s most visible stablecoin transfer rails. Many users do not interact with TRON mainly to hold TRX; they use the network to move digital dollars, particularly USDT. That makes TRON important to crypto market structure, payment infrastructure, emerging market stablecoin usage, and exchange-to-exchange transfer flows.

TRX should not be confused with USDT. TRX is the native asset of the TRON network. USDT-TRC20 is Tether-issued USDT on TRON. TRON is the blockchain network. TRON DAO is the ecosystem and governance organization associated with the network. This distinction is essential for understanding TRX correctly.

What Is TRON (TRX)?

TRON is a blockchain network designed for high-throughput, low-cost transactions and decentralized applications. TRX is the network’s native asset. It is used to access resources, participate in staking and voting, interact with smart contracts, and support the network’s governance model.

TRX is not a stablecoin. It does not represent a claim on U.S. dollars like USDT or USDC. Instead, TRX is the asset that powers network resources and governance beneath TRON’s application and stablecoin activity.

TRX as the Native Asset of the TRON Network

TRX is the primary currency used inside the TRON network. According to TRON developer documentation, TRX can be used to vote for Super Representatives and obtain bandwidth; freezing or staking TRX gives users TRON Power, which is used for voting. The smallest unit of TRX is SUN, with 1 TRX equal to 1,000,000 SUN.

This makes TRX a resource and governance asset, not just a transferable token.

In practice, TRX is used by:

• users sending transactions
• developers deploying or using smart contracts
• accounts staking for bandwidth or energy
• voters participating in Super Representative elections
• applications relying on TRON’s network resources

TRON, TRX, USDT-TRC20, and TRON DAO Are Not the Same

A correct TRON entity page must separate four related but different entities:

TRON = blockchain network

TRX = native asset of the TRON network

USDT-TRC20 = Tether-issued stablecoin on TRON

TRON DAO = ecosystem and governance organization associated with TRON

This distinction matters because many users know TRON mainly through USDT transfers. But USDT demand and TRX demand are not identical.

USDT-TRC20 may drive transaction activity on TRON, while TRX captures value through resource usage, staking, governance, burns, liquidity, and market perception. A high volume of USDT transfers does not automatically mean proportional demand for TRX.

TRX as a Resource, Governance, and Utility Asset

TRX has three main roles in the TRON system.

First, it is a resource asset. Users can stake TRX to obtain bandwidth or energy, which are needed for ordinary transactions and smart contract execution.

Second, it is a governance asset. TRX holders can stake TRX to gain voting rights and vote for Super Representatives.

Third, it is a utility asset. TRX is used in transfers, smart contract interactions, exchange activity, and network participation.

This gives TRX a broader function than a simple payment coin.

Why TRON (TRX) Matters in Crypto

TRON matters because it has become a major blockchain for stablecoin settlement and transfer activity. While Ethereum is often viewed as crypto’s primary settlement and smart contract layer, TRON is more closely associated with low-cost stablecoin movement, especially USDT transfers.

TRX matters because it is the native asset beneath that network activity.

TRON as a High-Activity Blockchain Network

TRON is known for high transaction activity, low costs, and frequent stablecoin usage. Its network design and resource model make it attractive for users who need cheap, repeatable transfers.

However, network activity must be analyzed carefully. High transaction volume does not automatically mean strong token value capture. Some networks process large amounts of stablecoin volume while the native token captures only a portion of that economic activity.

For TRX, the key question is not only whether TRON is active. The deeper question is how much of that activity creates sustainable demand for TRX.

TRON as a Major Stablecoin Transfer Network

TRON’s most important market role is stablecoin transfer infrastructure.

USDT on TRON is widely used because it is cheap to transfer, supported by many exchanges and wallets, and familiar to retail users. Tether states that Tether tokens exist across multiple blockchains, including TRON, and publishes token circulation data on its Transparency page.

This makes TRON part of the digital dollar infrastructure layer in crypto.

Users often choose TRON not because they want exposure to TRX, but because they want to move USDT quickly and cheaply. That distinction is central to understanding TRON’s market structure.

TRX and Emerging Market Stablecoin Usage

TRON is especially relevant in emerging market contexts where users may prefer low-cost digital dollar transfers.

In many markets, stablecoins are used for exchange transfers, remittances, OTC activity, savings behavior, and access to dollar-like liquidity. TRON’s low-cost transfer environment makes USDT-TRC20 attractive for users who prioritize speed and cost.

This does not mean TRON dominates every emerging market. It means TRON is structurally important wherever users rely on USDT transfers and where transaction fees matter.

TRON’s Role in Low-Cost Digital Dollar Settlement

TRON’s strongest role is not as a decentralized finance hub like Ethereum, nor as a high-performance consumer application chain like Solana. Its strongest role is as a low-cost digital dollar settlement rail.

The network provides infrastructure for moving dollar-denominated tokens, while TRX functions as the native resource and governance asset underneath that flow.

This makes TRON important to stablecoin liquidity, exchange settlement, payment infrastructure, and crypto dollar access.

How TRON (TRX) Works

TRON works through a delegated governance and resource model. Instead of using Ethereum-style gas alone, TRON separates network consumption into resources such as bandwidth and energy.

TRX is central to this model because users stake or spend TRX to access these resources and participate in governance.

TRON’s Delegated Proof-of-Stake Model

TRON uses a Delegated Proof-of-Stake-style governance and block production model. TRX holders stake or freeze TRX to obtain voting rights, then vote for Super Representatives.

This model is designed for speed and efficiency. It allows a limited number of elected block producers to operate the network, which can improve performance and reduce transaction costs.

However, delegated systems also create centralization questions. If voting power or block production becomes concentrated, the network may be criticized for weaker decentralization compared with systems such as Bitcoin or Ethereum.

Super Representatives and Block Production

Super Representatives are the block producers of the TRON network. TRON developer documentation states that any account can apply to become an SR candidate by paying 9,999 TRX, and the top 27 candidates with the most votes become Super Representatives responsible for block production. Candidates ranked 28th to 127th are SR partners and can earn voting rewards but do not produce blocks.

This gives TRON a clear governance structure:

TRX holders stake TRX

→ receive voting rights

→ vote for SR candidates

→ top 27 become Super Representatives

→ SRs produce blocks

This is efficient, but it also means governance and validator distribution matter for network trust.

TRON Power, Staking, and Voting

TRON Power is the voting right generated by staking TRX. The resource model documentation explains that voting rights are obtained by staking TRX, and 1 staked TRX gives 1 TRON Power.

TRON Power allows users to vote for Super Representatives. This links TRX directly to governance participation.

For regular users, staking TRX can serve two purposes:

• gaining network resources such as bandwidth or energy
• gaining voting power to participate in governance

Bandwidth and Energy Resource Model

TRON’s resource model is one of its most important technical differences.

The network uses:

Bandwidth = resource for transaction data

Energy = resource for smart contract computation

Voting rights = resource for governance participation

TRON developer documentation defines bandwidth as the unit measuring the size of transaction bytes stored in the blockchain database, while energy measures computation required by the TRON Virtual Machine. Smart contract transactions consume energy, and when bandwidth or energy is insufficient, TRX may be burned to pay for the required resources.

This model is important because it explains why many TRON transactions can appear cheap to users. Frequent users and applications can stake TRX or obtain delegated resources, reducing the need to pay direct transaction costs each time.

TRON Network Ecosystem

The TRON network ecosystem includes stablecoin transfers, smart contracts, TRC-20 tokens, DeFi applications, wallets, exchanges, and retail payment flows.

Its strongest ecosystem identity today is tied to stablecoin transfers.

Stablecoin Transfers and USDT-TRC20

USDT-TRC20 is one of the most important use cases on TRON.

USDT-TRC20 refers to Tether-issued USDT using TRON’s TRC-20 token standard. Users often choose it because it is widely supported and cheap to transfer compared with some other blockchain environments.

Tether’s documentation states that Tether tokens exist as digital tokens built on several blockchains, including TRON, and that users must select the correct transport protocol when sending tokens.

For TRON, this creates a powerful network effect. Exchanges, wallets, OTC desks, and users already recognize USDT-TRC20 as a common transfer format.

Smart Contracts and TRC-20 Tokens

TRON supports smart contracts and token standards.

TRC-20 is the technical standard used for smart contracts on the TRON blockchain to implement tokens with the TRON Virtual Machine. TRON developer documentation also notes that TRC-20 is compatible with ERC-20.

This matters because USDT-TRC20 and other tokens rely on TRON’s token infrastructure.

TRON’s smart contract layer enables:

• stablecoin transfers
• token issuance
• decentralized applications
• DeFi protocols
• wallet integrations
• exchange deposits and withdrawals

DeFi and On-Chain Applications on TRON

TRON has decentralized applications, DeFi protocols, and on-chain financial activity. However, its strongest narrative is not DeFi depth in the same way Ethereum’s is.

For Ethereum, DeFi is a core identity. For TRON, stablecoin transfer utility is the strongest identity, while DeFi and on-chain applications support the broader network ecosystem.

This does not make TRON less important. It simply means its role in crypto is different.

Wallets, Exchanges, and Retail Transfer Flows

TRON’s stablecoin network effect depends heavily on wallets and exchanges.

Users choose USDT-TRC20 because many exchanges support it for deposits and withdrawals. Wallets support it because users demand cheap stablecoin transfers. This creates a feedback loop:

exchange support

→ wallet support

→ user habit

→ stablecoin transfer volume

→ stronger network recognition

This is one of TRON’s strongest moats.

How TRX Connects to TRON Network Activity

TRX connects to TRON network activity through resources and governance.

Users need resources to transact. Developers need resources for smart contract usage. Voters need staked TRX to participate in governance. When resources are insufficient, TRX may be burned to pay for bandwidth or energy.

However, TRX value capture is indirect. TRON can process large stablecoin flows without every dollar of stablecoin movement translating into equivalent TRX demand.

TRX Token Utility

TRX is used for network resources, staking, voting, smart contract interaction, liquidity, and native value transfer.

Its utility is strongest when connected to actual network usage.

Paying for Network Resources

TRX can be used to pay for resources when a user does not have enough bandwidth or energy.

The resource model explains that when available bandwidth or energy is insufficient, TRX is burned to cover the resource cost.

This makes TRX different from a simple gas token. TRON users can reduce direct costs by staking TRX for resources, while users without sufficient resources may pay through burned TRX.

Staking, Freezing, and Resource Access

Staking TRX gives users access to bandwidth or energy.

This is especially important for:

• frequent transfer users
• smart contract users
• developers
• exchanges
• applications processing many transactions

Energy is particularly relevant for smart contracts, while bandwidth is relevant for ordinary transaction data.

Voting and Governance Participation

TRX holders can vote for Super Representatives after staking TRX and obtaining TRON Power.

This gives TRX a governance function. But governance participation also depends on voter distribution, candidate competition, and how concentrated voting power becomes.

Smart Contract Interaction

TRX is needed to interact with the TRON network’s smart contract environment.

Smart contract transactions consume energy. If users or applications do not have enough energy, TRX can be burned to pay for the transaction. This connects TRX to application usage, DeFi activity, and TRC-20 token transfers.

Exchange, Transfer, and Liquidity Use

TRX is also traded on exchanges and used for native transfers.

However, the dominant payment use case on TRON is often USDT, not TRX itself. This means TRX has liquidity and transfer utility, but its market role is more accurately understood as the native infrastructure asset beneath TRON’s stablecoin activity.

TRX Tokenomics, Supply, and Governance

TRX tokenomics are shaped by staking, governance rewards, resource usage, and burning through resource fees.

The article should not treat TRX tokenomics as a guaranteed investment thesis. Instead, it should explain how the asset functions inside the network.

TRX Supply and Issuance Overview

TRX is not mined like Bitcoin.

Its supply and circulation are shaped by network rules, market circulation, staking, rewards, burns, and exchange liquidity. For live supply numbers, a page such as /coins/tron/ can rely on market data modules, while the editorial content should focus on token function rather than price prediction.

Staking Rewards and Voting Rewards

Super Representatives receive rewards for block production and voting-related participation. Voters who support SRs can also receive voting rewards, depending on the SR and reward distribution rules. TRON developer documentation states that SRs receive block production rewards and voting rewards, while voters who vote for SRs also receive voting rewards.

This links TRX staking to both governance and incentive design.

TRX Burning and Resource Fees

TRX can be burned when users do not have enough bandwidth or energy.

This burn mechanism is tied to network resource usage. It should not be framed as a guaranteed deflationary price driver. The impact depends on total resource demand, staking behavior, network activity, market liquidity, and broader investor sentiment.

Governance Influence and Vote Concentration

TRON’s DPoS-style system is efficient, but governance concentration is a key issue to monitor.

Because the top 27 Super Representatives produce blocks, the distribution of votes and the independence of SRs matter. A concentrated voting environment may raise concerns around decentralization, censorship resistance, and governance influence.

This is a structural trade-off, not just a criticism.

TRON and Stablecoin Market Structure

This is the most important section for Cryptothreads.

TRON should be analyzed as a stablecoin transfer network, not simply as another smart contract platform. TRX should be analyzed as the native infrastructure token beneath those flows.

USDT-TRC20 as a Settlement Rail

USDT-TRC20 functions as one of crypto’s most recognized stablecoin settlement rails.

Users send USDT on TRON because it is cheap, familiar, and widely supported. Exchanges support it because users demand it. Wallets support it because it is commonly used. This creates strong stablecoin network effects.

For many users, TRON is not primarily a DeFi chain. It is a dollar-transfer network.

Why Users Choose TRON for USDT Transfers

Users often choose TRON for USDT transfers because of:

• low transaction costs
• fast settlement
• broad exchange support
• wallet availability
• user familiarity
• predictable transfer experience
• retail and mobile-friendly usage

These factors make TRON especially attractive for repeated transfers.

Emerging Markets and Digital Dollar Access

Stablecoins are often used as digital dollar instruments in markets where users want access to dollar-like value.

TRON’s low-cost USDT transfer environment can be useful for users making remittances, P2P payments, exchange transfers, OTC settlements, and savings-related flows.

This does not mean every emerging market user relies on TRON. But TRON’s design and USDT support make it relevant wherever transfer cost and dollar access are important.

USDT Flow vs TRX Value Capture

This is the central analytical point.

High USDT flow on TRON does not automatically mean strong TRX value capture.

USDT-TRC20 demand reflects demand for dollar-denominated stablecoin transfers. TRX demand depends on resource usage, staking, burns, governance, liquidity, and market perception.

A simple framework:

USDT flow = demand for digital dollar transfer

TRX utility = demand for network resources and governance

TRX price = market demand, liquidity, sentiment, and value capture expectations

These are related, but they are not the same.

Stablecoin Network Effects and TRON’s Liquidity Moat

TRON’s stablecoin moat comes from network effects.

Once exchanges, wallets, OTC desks, and users treat USDT-TRC20 as a default transfer option, the network becomes harder to displace. Users prefer the path that is cheap, familiar, and widely supported.

However, this moat is not permanent. Ethereum Layer 2s, Solana, Base, Arbitrum, TON, and other low-cost networks can compete for stablecoin transfers if they offer similar cost, support, and liquidity.

TRX and Crypto Market Structure

TRX is not only a utility token. It is also a market structure asset because it sits under one of the largest stablecoin transfer environments in crypto.

Its role is shaped by retail behavior, exchange support, regulatory perception, liquidity, and speculative demand.

TRX as an Infrastructure Token Beneath Stablecoin Flows

TRX functions as the infrastructure token beneath TRON stablecoin flows.

It is needed for staking, voting, resource access, and network interaction. But it is not the asset most users are trying to hold when they move USDT.

This makes TRX an indirect exposure to stablecoin transfer activity.

Retail Transfer Demand and Exchange Support

TRON benefits from strong exchange support for USDT-TRC20.

Retail users often choose the chain that is cheapest and easiest to use. Exchanges reinforce that behavior by supporting deposits and withdrawals. This creates a user habit around TRON-based stablecoin transfers.

That habit is one of TRON’s strongest market structure advantages.

TRX Liquidity and Speculative Demand

TRX is also a traded crypto asset.

Its price behavior can be influenced by:

• broader altcoin cycles
• stablecoin growth narratives
• TRON network activity
• Justin Sun-related headlines
• exchange listings
• regulatory developments
• market risk appetite

Speculative demand can move TRX even when network utility does not change meaningfully.

Compliance and Illicit Finance Perception

Because TRON is a high-volume stablecoin rail, it also attracts compliance scrutiny.

TRM Labs reported that TRON hosted 45% of illicit crypto volume in 2023, while also noting that low fees, smart contracts, and popular stablecoins can shift both licit and illicit activity toward chains such as Ethereum and TRON.

This should be interpreted carefully. It does not mean TRON is only used for illicit activity. High-volume payment rails naturally attract both legitimate and illicit users. But compliance perception is a real risk for stablecoin-heavy networks.

Reuters also reported that Circle ended support for USDC on TRON, saying the decision was part of efforts to maintain trust, transparency, and safety for USDC.

This shows why issuer and compliance decisions matter for TRON’s stablecoin ecosystem.

TRX Compared With Ethereum, Solana, XRP, and Stablecoins

TRX should be understood by comparing its role with other major crypto assets and networks.

It is not trying to be Bitcoin. It is not positioned exactly like Ethereum. It is not the same type of payment asset as XRP. And it is not a stablecoin like USDT.

TRX vs Ethereum

Ethereum is a decentralized smart contract settlement layer with deep DeFi liquidity, institutional credibility, rollup infrastructure, and developer activity.

TRON is more focused on low-cost transfers and stablecoin settlement.

Ethereum = smart contract settlement and DeFi infrastructure

TRON / TRX = low-cost stablecoin transfer network and resource asset

Ethereum has stronger decentralization and application depth. TRON has stronger association with retail USDT transfers.

TRX vs Solana

Solana is a high-performance monolithic blockchain focused on speed, consumer applications, DePIN, memecoins, payments, and low-cost execution.

TRON is also low-cost, but its main identity is stablecoin transfers.

Solana = high-performance consumer and application chain

TRON = stablecoin transfer rail with DPoS and resource model

Solana competes for broad application usage. TRON competes most strongly in cheap stablecoin settlement.

TRX vs XRP

XRP and TRX both have payment-related narratives, but their roles are different.

XRP is a bridge asset designed for payment and liquidity flows. TRX is the native resource and governance asset of TRON, a network heavily used for stablecoin transfers.

XRP = payment-focused bridge asset

TRX = infrastructure asset beneath TRON-based stablecoin transfers

XRP itself is the payment asset in its core narrative. On TRON, USDT is often the payment asset, while TRX powers the network underneath.

TRX vs USDT and Stablecoins

TRX is not a stablecoin.

USDT is a dollar-pegged asset issued by Tether. TRX is the native asset of the TRON network.

USDT = dollar-denominated stablecoin

TRX = native resource, governance, and utility asset

Users may use TRON to send USDT, but that does not mean they are using TRX as money. This distinction is crucial for understanding value capture.

Where TRX Fits in the Crypto Asset Landscape

TRX fits best as:

the native resource, governance, and infrastructure asset of TRON’s stablecoin transfer network

It is not digital gold like Bitcoin. It is not a broad smart contract settlement layer like Ethereum. It is not a bridge asset like XRP. It is not a dollar-pegged stablecoin like USDT.

TRX’s unique role is tied to TRON’s stablecoin transfer infrastructure.

Key Risks of TRON (TRX)

TRON and TRX have strong network usage, but they also carry important risks.

A credible entity page must explain these risks clearly.

Stablecoin Dependency Risk

TRON’s relevance depends heavily on stablecoin activity, especially USDT-TRC20.

If stablecoin flows move to other networks, TRON’s activity profile could weaken. Tether support, exchange support, wallet support, and user habit are all critical to TRON’s position.

Value Capture Risk

High USDT transfer volume does not guarantee strong TRX value capture.

TRX benefits from being the network’s native resource and governance asset, but stablecoin transfer demand does not automatically become native token demand. Users can optimize costs through staking, resource delegation, or exchange infrastructure.

This is one of the most important risks for TRX analysis.

Centralization and DPoS Governance Risk

TRON’s Super Representative model supports efficiency, but it also creates decentralization questions.

The top 27 Super Representatives produce blocks. This can make the system faster and cheaper, but it also concentrates block production into a smaller set of actors than more decentralized validator networks.

Compliance and Illicit Finance Risk

Stablecoin-heavy networks face compliance scrutiny.

TRM Labs reported that TRON represented 45% of illicit crypto volume in 2023, while Tether was the stablecoin with the largest amount of illicit volume in TRM’s dataset.

This does not define TRON’s entire user base. But it does create issuer, exchange, regulatory, and reputational risk.

Regulatory and Stablecoin Issuer Risk

TRON’s stablecoin role depends on stablecoin issuers.

Circle’s decision to end USDC support on TRON shows how issuer-level decisions can affect a network’s stablecoin ecosystem. Reuters reported that Circle stopped minting USDC on TRON and gave institutional clients until February 2025 to transfer or redeem USDC on TRON.

USDC is not TRON’s main stablecoin use case, but the event shows that stablecoin issuers can change chain support based on trust, transparency, compliance, or strategic reasons.

Competition From Other Stablecoin Rails

TRON competes with other low-cost stablecoin rails.

Competitors include Ethereum Layer 2s, Solana, Base, Arbitrum, Optimism, TON, BNB Chain, and other payment-focused networks.

If these chains offer similar fees, better UX, stronger compliance perception, or broader exchange support, TRON’s stablecoin moat could weaken.

Founder and Reputation Risk

TRON’s market narrative is often linked to Justin Sun.

Founder association can influence investor perception, media coverage, regulatory attention, and institutional comfort. This does not mean the network is only defined by its founder, but it does mean reputation risk is part of TRX’s market structure.

Speculation vs Utility Risk

TRX can trade on narratives that exceed actual utility.

Traders may buy TRX because of stablecoin growth, broader altcoin cycles, or market headlines. But speculative demand can disconnect from network value capture.

A serious TRX analysis should track both:

network utility

market demand

not only price action.

Related Topics

TRON / TRX should connect to topic hubs that explain stablecoin payments, market structure, and blockchain infrastructure.

Core Topic Links

Recommended internal topic links:

• Stablecoins
• Stablecoin Payments
• Stablecoin Liquidity
• USDT
• TRC-20
• Payment Infrastructure
• Emerging Market Crypto Adoption
• Crypto Regulation
• Blockchain Governance
• DeFi
• On-Chain Market Structure

Why These Topics Are Related to TRON (TRX)

TRON relates to stablecoins because USDT transfers are its most important network use case. It relates to payment infrastructure because users rely on TRON for low-cost digital dollar movement. It relates to emerging market crypto adoption because stablecoins often serve as dollar access tools. It relates to crypto regulation because stablecoin rails with large volume attract compliance scrutiny.

These topic links help TRON function as a semantic entity hub, not just a price page.

Related Coins

TRX should also connect to other coin entities inside the Cryptothreads knowledge graph.

Stablecoin and Payment Connections

Recommended related coins:

• USDT
• USDC
• XRP
• Stellar / XLM

Smart Contract and Execution Comparables

Recommended related coins:

• Ethereum
• Solana
• BNB
• Polygon
• Avalanche

Stablecoin Rail Competitors

Recommended related coins and networks:

• Ethereum
• Solana
• Base
• Arbitrum
• TON
• BNB Chain

Why These Coins Are Related to TRON (TRX)

TRX relates to USDT because USDT-TRC20 is the core stablecoin use case on TRON. It relates to USDC because issuer decisions affect stablecoin rails. It relates to XRP and Stellar because all three connect to payments and transfers. It relates to Ethereum, Solana, and BNB because they compete for users, liquidity, stablecoin settlement, and application activity.

Final Summary

TRON is one of crypto’s most important stablecoin transfer networks, especially for USDT-TRC20. TRX is the native asset that powers the resource, staking, voting, and governance layer underneath that network activity.

The strongest way to understand TRON / TRX is through four layers:

TRON = blockchain network

TRX = native resource and governance asset

USDT-TRC20 = stablecoin settlement rail

TRON DAO = ecosystem and governance organization

TRON’s strength comes from low-cost digital dollar transfers, broad exchange support, user familiarity, and stablecoin network effects. TRX’s role comes from powering resources, governance, staking, and interaction with the network.

The key analytical question is not simply whether USDT on TRON is widely used. It is whether that stablecoin activity creates sustainable value capture for TRX over time.

For Cryptothreads, TRON / TRX should be treated as a stablecoin transfer infrastructure entity and a key case study in how digital dollar flows, emerging market usage, blockchain resource design, and regulatory perception interact in crypto market structure.

Sources Used for This Article

1. TRX — TRON Developer Documentation
    https://developers.tron.network/v3.7/docs/trx
2. Super Representatives — TRON Developer Documentation
    https://developers.tron.network/docs/super-representatives
3. Resource Model — TRON Developer Documentation
    https://developers.tron.network/docs/resource-model
4. TRC20 — TRON Developer Documentation
    https://developers.tron.network/v4.0/docs/trc20
5. Protocol Interface — TRON Developer Documentation
    https://developers.tron.network/docs/trc20-protocol-interface
6. Overview — TRON Developer Documentation
    https://developers.tron.network/v4.4.2/docs/token-standards-overview
7. Tether – Official Home of Tether / Transparency
    https://tether.to/en/transparency/?tab=usdt
8. Tether – Official Home of Tether / How It Works
    https://tether.to/en/how-it-works
9. Crypto firm Circle to end support for USDC stablecoin on Tron blockchain — Reuters
   https://www.reuters.com/technology/crypto-firm-circle-end-support-usdc-stablecoin-tron-blockchain-2024-02-21/
10. Binance to end support for USDC stablecoin on Tron blockchain network — Reuters
    https://www.reuters.com/technology/binance-end-support-usdc-stablecoin-tron-blockchain-2024-03-25/
11. The Illicit Crypto Economy 2023 — TRM Labs
     https://www.trmlabs.com/reports-and-whitepapers/the-illicit-crypto-economy-2023
12. TRM Labs’ Illicit Crypto Ecosystem Report Shows Crime Moving Beyond Bitcoin — TRM Labs
    https://www.trmlabs.com/resources/blog/trm-labs-illicit-crypto-ecosystem-report-shows-crime-moving-beyond-bitcoin-new-era-of-multi-chain-crime-well-underway