Tron Just Added $2.2 Billion in Stablecoins in July. Does That Make It a Buy?
The stablecoin network Tron (TRX +0.45%) onboarded about $2.2 billion in stablecoins in the 30-day period ending on Aug. 4, lifting the total value parked on its network to $91.6 billion. Over the same stretch, the whole stablecoin market shrank by $2.7 billion. A coin gaining while the asset that underpins its entire chain is receding…