In 2024, TRON (TRX) made significant gains in Tether (USDT) activity, averaging $17.9M daily in transfers. This fueled growth in decentralized finance (DeFi) and trading volumes.
Record TRON Activity with USDT
The average transaction volume on the TRON network exceeded 2 million daily. This turned the platform into one of the leading fee producers, surpassing $43.74M in the first week of 2025, outpacing Ethereum.
Dominance Over Ethereum
Despite the rollback of some USDT issuances, TRON continues to lead over Ethereum in user numbers and transaction volume. More than 83% of users prefer the TRC-20 version.
TRON Stablecoin Usage Profile
Throughout 2024, TRON activity expanded, particularly in Asian regions. Transactions in the $1,000 to $100K range remain a significant part of large-scale operations.
With 2024, TRON has proven its ability to adapt to the evolving stablecoin market conditions, maintaining high activity and user preference.