Tron Blockchain Overtakes Ethereum as the Largest Network for USDT Supply

This milestone cements Tron blockchain's ascension to the helm of stablecoin settlement layers.

Tron has overtaken Ethereum as the largest network for USDT supply, according to data from CryptoQuant.

Tron’s total circulating USDT has reached 75.8 billion. It has outpaced Ethereum amid soaring adoption of Tron for payments and remittances.

“Indeed, TRON has seen a sharp acceleration in USDT supply growth in 2025 (+27% or ~16 billion$), outpacing Ethereum. As of the latest data, USDT supply on TRON is larger than Ethereum’s, totaling 75.8 billion $,” CryptoQuant noted.

This milestone cements Tron blockchain’s ascension to the helm of stablecoin settlement layers. According to CryptoQuant analysts, its low transaction costs, high throughput, and widespread use in retail-facing payment platforms drive this transformation.

So far, in 2025, Tron has processed over 283 million USDT transfers. This range, equivalent to roughly 16 billion, reflects a 27% growth in USDT supply this year alone.

The daily USDT transfer volume on Tron has reached a record of 23.7 billion. This surpasses Ethereum’s average of 10.5 billion, which is down 37% from its peak in late 2024.

The number of daily USDT transactions on Tron also dwarfs Ethereum. While Tron handles 2.4 million daily transactions, Ethereum manages 284,000.

This data confirms that Tron has become the primary transactional blockchain for Tether’s USDT, especially in regions and use cases where cost-efficiency and fast confirmation times are critical.

Tron Becomes the Backbone of Global Stablecoin Payments

Tron’s dominance reflects a broader transformation in the stablecoin economy. Once considered Ethereum-native, USDT thrives on Tron, where retail payments, remittances, and decentralized exchange (DEX) activity are major growth drivers.

BeInCrypto recently reported that Tron set a new USDT record in early 2025 as it closed in on Ethereum’s lead. This lead has now officially flipped, signaling a shift in where and how stablecoins are used globally.

The second-most-used token on Tron is Wrapped TRX (WTRX), with over 2.5 million transfers, indicating strong DEX activity. Meanwhile, PayNet Coin (1.3 million transfers) and USDD (427,000 transfers) reflect growing demand for retail commerce and stable value assets within the TRON ecosystem.

Adding to Tron’s headline-grabbing fundamentals, founder Justin Sun announced that he will attend President Trump’s Gala Dinner on Thursday.

“Honored to support POTUS and grateful for the invitation from TrumpMeme… Excited to talk crypto and discuss the future of our industry.” Sun shared on X.

Justin Sun presented himself as the top holder of the TRUMP token. This aligns with a recent BeInCrypto report, which indicated that Sun’s HTX cold storage wallet ranks first on the TRUMP leaderboard.

Justin Sun’s remarks reflect TRON’s growing political engagement and cultural presence, as crypto progressively intersects with US politics.

Tron’s rise as the largest platform for USDT issuance and transfers marks a new chapter in stablecoin utility. While Ethereum’s role in DeFi remains crucial, the center of gravity for stablecoin payments has decisively shifted.

With record transaction volume, surging USDT supply, and political visibility, Tron is now the global backbone for Tether-based payments. This may indicate a lasting change in blockchain adoption trends.