The Tron blockchain has reached a significant milestone, with the USDT supply on its platform surpassing $80 billion, indicating its dominance in the global crypto industry.
USDT Supply on Tron
The total circulation of USDT on the Tron blockchain has surpassed $80 billion. This growth has not been sudden — at the beginning of 2020, the USDT supply on Tron was approximately $6.7 billion, and by the end of 2021, it had risen to $39.4 billion, a 487% increase.
Comparison with Other Blockchains
Tron holds an undisputed lead in USDT circulation, leaving Ethereum and 19 other blockchains behind. On other platforms like Solana ($1.81 billion) and Aptos ($795 million), the figures are significantly lower. This highlights why Tron has become the preferred choice for users and exchanges.
Trends and Additional Facts
Currently, Tron offers lower transaction fees and processes transactions faster compared to Ethereum. This has led to an increase in users opting for Tron for stablecoin transactions. Additionally, the recent minting of $2 billion USDT by Tether Treasury on Tron underscores the preference for this blockchain for large-scale operations.
With this growth rate and activity, Tron confidently occupies a leading position in the stablecoin market, becoming a major player in this field.