The Total value locked (TVL) in Tron surged by $6B as the market cap of the USDD algorithmic stablecoin expands above $600 million within the first month of its launch. As per data from DefiLlama, Tron has become the third-largest Blockchain in terms of total value locked. It has surpassed the popular Blockchains such as Avalanche, Solana, and Polygon.