TRON has officially surpassed $75 billion in USDT (Tether) supply, making it the leading blockchain network for the USDT stablecoin circulation.
This puts TRON ahead of Ethereum, which has long dominated the space. Tether recently minted another $1 billion in USDT on the TRON blockchain to prepare for future demand and ensure smooth liquidity across platforms.
According to Tether’s transparency data, TRON currently has $75.7 billion in authorized USDT, standing at a level higher than Ethereum’s $74.5 billion. Based on actual circulating supply, TRON is in the lead with $75.2 billion, followed by Ethereum’s $71.08 billion. This represents a dramatic change in the stablecoin market, indicating the growing significance of TRON.
Tether’s CEO, Paolo Ardoin, said that minting significant amounts of USDT in advance serves the company well to deal with future swap and transfer requirements effectively. With the increasing stablecoin market, TRON’s flexible transaction fees and stable performance allowed it to emerge as the go-to network for the transfer of stablecoins.
Meanwhile, other chains such as Solana, Avalanche, and Polygon are still way behind. Solana holds $2.3 billion in authorized USDT, Avalanche holds $770 million, and TON holds only $898 million. Tether now controls 61% of the entire stablecoin market, while its main competitor, Circle, holds 24.6%, or about $60.4 billion.
At a recent event in Dubai, TRON founder Justin Sun highlighted the growing trust in TRON as a stable and fast blockchain for moving value. According to him, TRON now processes between $20 to $30 billion worth of transactions every day and has over 300 million user accounts, mostly transacting stablecoins such as USDT.
TRON’s native token, TRX, is trading at $0.2646 presently, with a market capitalization of $25.1 billion. The platform is positioned tenth in all cryptocurrencies, which establishes its stronghold in the blockchain world.
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