USDT Dominates 98.5% of Stablecoins on TRON Network

USDT is presently dominating the TRON network, making up 98.5% of each stablecoins connected it. This means that astir each stablecoin transactions connected TRON impact USDT. 

Right now, the full proviso of each stablecoins connected TRON is $64 billion, and USDT unsocial has a circulating proviso of $62.76 billion. Other stablecoins, specified arsenic USDC, USDD, tUSD, and USDJ, hardly clasp a share.

USDT dominates TRON with 98.5% marketplace stock | Source: X

In 2024, TRON processed $5.46 trillion successful USDT transactions. This is simply a 48% summation compared to what it processed successful 2023. This means astir 2.05 cardinal USDT transfers were happening each day. 

TRON’s occurrence with stablecoins has besides helped TRX grow. Over the past 12 months, TRX’s terms jumped by 61.6%. 

In December 2024, it deed an all-time precocious of $0.4407, but since then, it has settled astatine $0.2292.

In November 2024, the web recorded $587.2 cardinal successful USDT transfers, which was its highest ever. USDT’s regular trading measurement connected TRON usually floats betwixt $4 cardinal and $5 billion. However, this fig goes up and down arsenic the terms of TRX, TRON’s autochthonal cryptocurrency, changes.

Justin Sun, the laminitis of the Tron blockchain, precocious disclosed that starting adjacent week, USDT transactions connected TRON volition beryllium fee-free. This means users won’t request TRX to wage for state fees erstwhile transferring USDT.

“TRON’s Gas Free diagnostic supporting USDT state payments without the request for TRX volition motorboat wrong the adjacent week,” Sun announced connected Feb 25.

Also Read: Justin Sun Recommends Tron Multi-Sig for USDT Security