TRON and Ethereum Are Battling for the USDT Top Spot
The post TRON and Ethereum Are Battling for the USDT Top Spot appeared on BitcoinEthereumNews.com.
TRON is closing in on Ethereum’s USDT dominance thanks to low fees and strong support from major exchanges. Ethereum still attracts institutional interest, with rising daily active addresses and profitable whale activity. A few years ago, Ethereum might have been the main home for USDT. But now, the story is different. The battle has been heating up since 2021, and TRON, without much fuss, is slowly catching up. Currently, according to CryptoQuant, Ethereum is still slightly ahead with a total USDT supply of around $74.5 billion. But TRON is closely following at $73.7 billion. These numbers reflect how industry players are increasingly concerned about efficiency and speed. Source: CryptoQuant Behind this shift, there are several things that make TRON a new choice for many people. Ethereum’s gas fees that can make your pocket scream are one of the triggers. But not only that, big exchanges like Binance, OKX, and Bybit are also pushing for the use of the TRC20 standard. Even in the Asian market, TRON is increasingly being used for over-the-counter transactions. All these factors make TRON no longer underestimated. TRON is Getting More Mature, Ethereum is Still Captivating If we look further, Ethereum once held almost all control over USDT, especially in 2019. But now? The proportions are almost even—Ethereum is around 50.26% and TRON is 49.73%. It’s not just about who’s bigger, but who’s more agile and efficient. Just imagine if you had to transfer a large amount of stablecoins, and the gas fee was equivalent to a fancy dinner. You’d think twice, right? Furthermore, TRON is not just about low costs. CNF previously reported that TRON has maintained a daily block production efficiency of 99.7%. This stability is important, especially for a network that is the backbone of stablecoin transactions. Plus, their Super Representative (SR) system…
Filed under: News - @ May 12, 2025 9:27 am