Mark Zuckerberg's Meta Considered Launching a USDT Stablecoin on Ethereum This Year

Mark Zuckerberg’s firm, Meta, is planning to launch a stablecoin on Ethereum (ETH) this year, a move that could be a huge step in integrating Web2 giants into the decentralized finance (DeFi) realm.

Meta boasts more than 3 billion users across platforms like Facebook, Instagram, and WhatsApp, which could translate into the largest user base being brought into crypto.

This integration follows the broader institutional trend towards blockchain in 2024 to reduce settlement costs, increase transparency, and move away from older payment channels.

If executed, this could have a huge impact on on-chain activity as the default digital settlement plane for Web2 giants becomes Ethereum’s.

Tron vs. ETH stablecoin supply

The USDT supply on Tron (TRX) officially went above Ethereum’s, with $73.8 billion on the former and $71.9 billion on the latter. This marks a huge transition in terms of the preferred network for stablecoin use.

From early 2023, the records for Tron have been consistently increasing. At the same time, Ethereum’s USDT issuance sped up in late 2024 but leveled off in 2025.

Tron’s rise highlights the sustained demand for low-fee and smoothly performing networks. At the same time, ETH, despite the huge activity in DeFi, came under pressure due to costly transactions and the increasing pressure of Layer-2 solutions.

With $3.9 billion USDT on other chains, the market appears to be largely split between Tron and Ethereum. Their positions are shifting in terms of liquidity flows. Tron is becoming the preferred network for more standard stablecoin transfers, while Ethereum continues to hold its strength in more intricate financial activity.

Going forward, the trend of which network attracts more liquidity-hungry applications from developers and institutions will influence the architecture of crypto’s financial system.

USDT supply spikes

Meanwhile, there was an increase in USDT market cap by $6 billion in the last 20 days, taking the stablecoin’s total to $150 billion.

Previously, similar spikes were seen before some of the strongest crypto rallies.

Bitcoin (BTC) dominance, however, dropped, which means that the capital injection might be going into ETH and other altcoins.

This transition aligns with Meta’s planned stablecoin launch, which may be used to fuel Ethereum’s position in the market.

If this continues, ETH may regain the lost territories, especially if institutions are seeking alternatives to Bitcoin. However, patterns of the past indicate that these inflows may also quickly reverse.