Tron has reached a significant milestone, surpassing Ethereum in USDT usage. This event highlights the increasing role of stablecoins in financial flows and their adaptation into the mainstream.
Tron Rises to the Top of Stablecoin Market
In the past week, the supply of USDT on Tron increased by $1.74 billion, allowing it to achieve a total USDT supply of $73.8 billion, overtaking Ethereum's $71.9 billion. This change indicates greater liquidity and transaction efficiency for Tron.
The total market capitalization of USDT reached $149.4 billion in May 2025. Additionally, Tron’s consistent growth in TRC-20 contrasts with the more volatile nature of Ethereum.
Stablecoins Becoming Mainstream Finance
According to Deutsche Bank analysts, stablecoins are becoming strategic assets fueling liquidity in the cryptocurrency market. In 2024, they processed a transaction volume of $28 trillion, surpassing the combined volumes of Visa and Mastercard.
More corporations are now using stablecoins for cross-border payments and treasury management, indicating their growing utility and acceptance in the broader financial system.
Regulation May Solidify Stablecoins in Financial Sector
Despite the U.S. Senate's recent rejection of the GENIUS Act, significant regulatory legislation for stablecoins is anticipated in 2025. Proper regulation could deepen financial integration and broaden use cases, providing legal clarity for institutional players.
Tron's ascension in the stablecoin market and the increasing focus on stablecoins highlight significant changes in the financial ecosystem. The future of regulation could play a key role in legitimizing stablecoins as essential financial instruments.