The stablecoin landscape has just crossed a major milestone. The circulating supply of USDT on TRON has reached $82.915 billion, officially surpassing Ethereum and taking the #1 position by network distribution.
This shift reflects years of steady infrastructure building, real-world usage growth, and a clear focus on efficiency.
USDT, issued by Tether, is designed to maintain a 1:1 peg with the US dollar and is widely used as the base settlement asset across crypto trading, payments, DeFi, and cross-border transfers.
Over time, USDT has expanded across multiple blockchains, but distribution is not random. Capital flows toward networks that are cheaper, faster, and easier to use at scale.
@trondao has become that network.
What we are seeing today is the result of long-term adoption, not a short-term anomaly. TRON’s low transaction fees, high throughput, and consistent network uptime make it particularly suitable for high-frequency stablecoin transfers. This is why exchanges, payment platforms, OTC desks, and everyday users increasingly rely on TRC20 USDT as their primary settlement rail.
Key points from the current data:
▫️USDT circulating on TRON: $82.915B
▫️USDT circulating on Ethereum: slightly lower, now ranked #2
▫️Combined share of TRON and Ethereum: nearly 90 percent of total USDT supply
▫️TRON USDT growth remains steady, while usage continues to expand globally
This dominance is not just about numbers on a chart. It represents how USDT is actually being used in the real world.
▫️Traders prefer TRON for fast exchange deposits and withdrawals
▫️Businesses and payment providers rely on predictable, low-cost transfers
▫️Emerging markets use TRON-based USDT for remittances and everyday value storage
▫️DeFi protocols on TRON benefit from deep, stable liquidity
Ethereum remains a critical part of the stablecoin ecosystem, especially for DeFi innovation, but its higher and more variable gas fees make it less efficient for pure payment and settlement use at scale. TRON fills that gap, and the market has responded accordingly.
From a broader perspective, this milestone reinforces TRON’s role as a global financial infrastructure layer rather than just a smart contract network. Stablecoins are the most used application in crypto today, and leading in stablecoin circulation is a strong signal of real adoption.
For users, builders, and institutions, the takeaway is simple:
▫️Liquidity is where usability is
▫️Usability is where cost and speed are optimized
▫️Right now, that combination clearly favors TRON for USDT
If you are moving stablecoins regularly, building payment-enabled applications, or looking for efficient on-chain settlement, understanding where liquidity lives is essential.
This is not just a ranking change. It is a clear snapshot of how stablecoins are actually being used across the crypto economy today.