$ 103,053.7
BTC
0.24 %
$ 2,354.83
ETH
6.99 %
$ 0.7861
ADA
2.98 %
$ 675.29
BNB
7.76 %
$ 174.51
SOL
7.46 %

Sujit Kumar
Jan 6, 2025

TRON’s USDT Dominance Reaches New Heights

TRON’s USDT Dominance
In 2024, TRON (TRX) solidified its position as a leader in Tether (USDT) transactions, averaging $17.9 billion in daily transfers. With trading and DeFi volumes hitting $5.46 trillion, TRON emerged as one of the most active USDT platforms, outpacing Ethereum in transaction volume and user engagement.

TRON Surpasses Ethereum in USDT Activity

Despite a decline in USDT supply in late 2024, TRON retained a stronghold over Ethereum in user adoption. More than 83% of USDT users preferred TRON’s TRC-20 version, generating 60% of daily transfers. While Ethereum remains dominant in average transaction size ($233K per user), TRON’s lower fees and accessibility have made it a favorite for both small-scale and professional transactions.

In the first week of 2025, TRON produced $43.74 million in fees, surpassing Ethereum's $30.63 million, reflecting its robust activity.

TRON’s Unique Stablecoin Usage

TRON’s appeal extends beyond trading. Its TRC-20 USDT is widely used for e-commerce, P2P marketplaces, and high-value transfers. It leads in transactions ranging from $1,000 to $100,000, indicating significant whale and professional activity.

While Ethereum holds $79.6 billion in USDT supply, TRON caters to the Asian market's growing demand for affordable and efficient transfers. Its DeFi sector, though smaller, hosts $7.66 billion in total value locked, primarily through JustLEND.

Challenges and Future Outlook

The enforcement of EU MiCA regulations and scrutiny over potential financial crimes have added pressure to TRON’s operations. However, with $2.1 billion in TRC-20 USDT reserves ready for deployment, TRON remains well-positioned for growth in 2025.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
TRON’s USDT Dominance Reaches New Heights
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Top Picks