Tether (USDT) has demonstrated significant growth in the stablecoin market, particularly on the TRON Network. In September, over $424.0 billion in USDT was transferred on TRON, marking one of the highest transfer volumes ever recorded. This highlights the increasing adoption and utility of stablecoins.
Since its inception in 2019, Tether's monthly transfer volume has surged from $73 million to $424.0 billion, reflecting a 25% increase compared to the previous year. This steady growth underscores the robust demand for stablecoins and the pivotal role of TRON in facilitating these transactions. The market outlook remains optimistic as stablecoins continue to gain traction.