Tron Outpaces Ethereum by Over 5x in Global USDT Transactions
2025-07-01 19:57:25
Main Idea
Tron has surpassed Ethereum in daily USDT transfer volume, becoming the dominant network for stablecoin transactions, particularly in emerging markets, due to its low-cost infrastructure and strategic adoption.
Key Points
1. On June 29, Tron processed $6.94 million in USDT transfers, compared to Ethereum's $1.31 million, making it the leading network for USDT movement.
2. Tron's TRC-20 USDT is widely used in countries like Venezuela, Turkey, Nigeria, and Argentina, serving as an alternative banking system accessible via mobile devices.
3. Major exchanges now default to TRC-20 for USDT deposits, shifting daily liquidity from Ethereum to Tron, despite Ethereum's lead in decentralized finance.
4. By June 2025, USDT on Tron exceeded $80 billion, driven by Tether's strategic moves, including minting $2 billion worth of USDT exclusively on Tron.
5. Tron dominates in regions like Colombia, Brazil, and Africa, while Asia leads in USDT volumes on the network, reinforcing its geopolitical leverage in blockchain.
6. TRX, Tron's native token, reached a record $132.4 billion in monthly transfer volume and ranks eighth by market cap, outperforming Dogecoin and Cardano.
Description
Tron appears to have become the dominant force in the global movement of USDT, recently beating Ethereum’s daily stablecoin volume by over five times. According to CryptoQuant analyst Carmelo Alemán, on June 29, users transferred more than $6.94 million in USDT via Tron, compared to just $1.31 million on Ethereum. This demonstrates a persistent and accelerating migration toward the former’s low-cost infrastructure, particularly in emerging markets. The Infrastructure of Choice? As Alemán noted i...
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