Tron Gains USDT Market Share After U.S. GENIUS Act Passage
The post Tron Gains USDT Market Share After U.S. GENIUS Act Passage appeared on BitcoinEthereumNews.com.
Tron now holds 51% of the global USDT supply after $1B minted post-GENIUS Act. US GENIUS Act boosts regulatory clarity, driving increased stablecoin issuance on Tron. TRX price rises 1.3% despite a market cap of $32B and $839M in daily trading volume. The recent passage of the GENIUS Act by the U.S. Congress has impacted the stablecoin market, boosting Tron’s share of Tether’s (USDT) circulating supply. This federal legislation sets out the first comprehensive regulatory framework for payment stablecoins in the U.S., emphasizing consumer protection, financial stability, and anti-money laundering compliance. Following the law’s enactment on July 18, 2025, Tron produced an additional $1 billion worth of USDT. This surge raised Tron’s total USDT circulation to over $83 billion, accounting for approximately 51% of the global USDT supply of $163 billion. GENIUS Act Passed: Tron Surges with $83B in USDT Circulation “After the law passed, $1 billion worth of USDT was minted on the Tron network… Given the $163 billion total supply of USDT, Tron now hosts approximately 51% of all USDT in circulation” – By @burak_kesmeci pic.twitter.com/e2mGEiwv9L — CryptoQuant.com (@cryptoquant_com) August 7, 2025 The GENIUS Act clarifies the legal status of dollar-backed digital assets in the United States. By setting a regulatory baseline, the law has enabled increased confidence among market participants, opening the way for further stablecoin issuance. The law’s focus on regulatory compliance appears to have encouraged institutions and users to increase activity within tokenized dollar markets. The resulting growth in USDT issuance on Tron reflects both increased demand and the blockchain’s ability to handle stablecoin transactions efficiently. Tron’s USDT Circulating Supply Growth Historical data shows Tron’s USDT supply has grown since mid-2019. Initial circulation was minimal, but by early 2021, Tron hosted over $20 billion in USDT. Growth accelerated through 2021 and 2022, reaching about $50…
Filed under: News - @ August 8, 2025 3:25 am