Tron launched as a content-distribution project and has become the settlement layer for a large share of the world's USDT, processing roughly $150 billion to $190 billion of stablecoin transfers a week.

Prices at the time of writing, on 23 September: Tether (USDT) at $0.9998, which was flat over the previous day and was flat across the week. The wider market slipped 2.7% over the same span, with total capitalisation at $2.93T.

Our own momentum signal on Tether reads 50 out of 100 — neutral — weighting the 24-hour move twice the seven-day one. Fifty is flat; the venue or filing has no say in that score.