The stablecoin ecosystem is witnessing significant developments, with $USDT reaching a $1 billion supply on the TON blockchain. This milestone marks a major achievement for the stablecoin ecosystem on TON. Additionally, $USDT has issued $60 billion, or half of its total $120 billion supply, on the Tron blockchain. The overall stablecoin supply is nearing a new all-time high, indicating growing interest and competition in the stablecoin market. The race for stablecoin dominance is beginning, with expectations of increased FOMO.