USDT Supply on Tron Tops $80 Billion, Here’s the Implication for TRX Price
The post USDT Supply on Tron Tops $80 Billion, Here’s the Implication for TRX Price appeared on BitcoinEthereumNews.com.
The Tether (USDT) stablecoin has reached a notable milestone on the TRON blockchain. Notably, the USDT supply has surpassed $80 billion. The Tron dominance in USDT settlement is a powerful signal for the future price trajectory of the TRX token. It also reflects the increased demand for the broader cryptocurrency market, amid improving sentiment. Tether Becomes Most Popular Stablecoin on Tron According to data provider Glassnode, $80 billion Tron supply represents over 50% of the USDT circulating supply. With over half of USDT now residing on Tron, the blockchain is well-positioned to become the dominant stablecoin settlement layer. USDT transactions on Tron have grown steadily this year, hitting $71 billion in May. This figure places USDT behind Ethereum, which hosts approximately $75 billion worth of USDT. However, USDT has now overtaken Ethereum in net circulating supply, which is currently at $72.9 billion, according to recent updates from Tether. Other chains, such as Solana (SOL), Aptos (APT), Toncoin (TON), and Avalanche (AVAX), have significantly smaller shares of USDT circulation compared to Tron and Ethereum. The USDT supply for Solana is $1.8 billion, Aptos has amassed $810 million, while Toncoin has $543 million. Users prefer to use Tron for large-scale operations because it is cheap, reliable, and fast. Adoption of USDT continued in June, with staked TRX recently accounting for 46% of all the digital currencies on the network. This is equivalent to 43.8 billion TRX, most of which now powers the TRON ecosystem. Why Demand for USDT is Skyrocketing Tether leads the stablecoin market, accounting for 62.2% of the $252.7 billion stablecoin market capitalization. Institutional and remittance use cases fuel the rising demand for USDT within the crypto market. Another factor contributing to the rising adoption of Tether is a recently passed stablecoin bill. This bill, the GENIUS Act, emphasizes the…
Filed under: News - @ June 28, 2025 1:12 pm