• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Tron Surpasses Ethereum in USDT Supply Leadership

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bloomberg Increases Approval Chances for Crypto ETFs to 95%

July 1, 2025

Goldman Sachs Revises Fed Rate Cut Anticipation to September 2025

July 1, 2025
Key Points:

  • Tron surpasses Ethereum in USDT allocation.
  • Tron’s share reaches 47% of market supply.
  • Shifts market dynamics, influencing Ethereum and Solana.

trons-usdt-supply-dominance-a-game-changer-in-the-stablecoin-market
Tron’s USDT Supply Dominance: A Game Changer in the Stablecoin Market

Nut Graph: Tron’s milestone challenges Ethereum’s previous stronghold in stablecoin circulation. This shift implies a significant alteration in the stablecoin market landscape.

Tron’s Ascendancy in the Crypto Sphere

Tron’s surpassing of Ethereum in USDT supply is a pivotal change in the crypto market, driven by Justin Sun’s initiatives. USDT circulation on Tron has reached $73.7 billion, reflecting growing trust and adoption. This transition highlights Tron’s expanding role in facilitating stable transaction practices.

Notably, Tron now handles about $19 billion in daily USDT transactions, supported by over 302 million accounts. This growth reinforces its commitment to real-world utility and stablecoin innovation. Justin Sun’s statements underline a vision for a scalable, inclusive financial infrastructure.

TRON’s TRX Surges 5% Over Ethereum in USDT Circulation

The immediate market effects include a shift in stablecoin dynamics. Tron’s native token, TRX, rose by 5%, indicating investor optimism. Meanwhile, Ethereum and Solana may experience the impact on DeFi liquidity and transaction costs due to reduced stablecoin flows.

Historical data suggests sizable stablecoin movements have previously affected DeFi liquidity and valuation cycles. Experts suggest Tron’s position may shape further market and technological shifts, with potential impacts on regulatory approaches and financial opportunities.

A statement by Justin Sun, Founder of TRON, emphasizes: “USDT on TRON surpassing $70 billion in circulating supply is a powerful reflection of the global community’s trust and support… We remain committed to advancing real-world utility through stablecoin innovation.”

Share76Tweet47

Related Posts

Bloomberg Increases Approval Chances for Crypto ETFs to 95%

by shark
July 1, 2025
0

Bloomberg increases approval odds for XRP, SOL, and LTC spot ETFs to 95% as institutional interest rises following regulatory feedback...

Goldman Sachs Revises Fed Rate Cut Anticipation to September 2025

by shark
July 1, 2025
0

Goldman Sachs revises its forecast, predicting the Federal Reserve will start interest rate cuts in September 2025, influencing global markets,...

Senator Lummis Advocates to End Crypto Double Taxation

by shark
July 1, 2025
0

Key details on Senator Lummis's push to end double taxation on crypto mining and staking rewards in the U.S.

Robinhood Launches ETH and SOL Staking for U.S. Users

by shark
July 1, 2025
0

Robinhood introduces Ethereum and Solana staking for eligible U.S. users, signaling strategic market expansion amidst regulatory challenges.

Solana Spot ETF With Staking Set for Launch

by shark
July 1, 2025
0

Solana's first spot ETF with staking is expected to launch soon, impacting markets and regulatory landscapes.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Bloomberg Increases Approval Chances for Crypto ETFs to 95%
  • Goldman Sachs Revises Fed Rate Cut Anticipation to September 2025
  • Senator Lummis Advocates to End Crypto Double Taxation
  • Robinhood Launches ETH and SOL Staking for U.S. Users
  • Solana Spot ETF With Staking Set for Launch
  • Ripple Launches XRPL EVM Sidechain Mainnet for Ethereum Compatibility
  • Trader’s $12.5M Loss Prompts Hyperliquid Rule Changes
  • Sparkassen to Launch Crypto Trading by 2026
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7