In recent years, TRON has rapidly grown and established itself as a significant player in the blockchain industry. TRON has shown outstanding performance in the transfer volume and number of transactions involving Tether (USDT).

Comparison with Ethereum

Since the beginning of TRON's journey with USDT in 2019, the data as of July 2024 highlights the following:

1. Proportion of TRON in Total Issuance: 53.47%

2. Proportion of TRON in Transactions: 93%

3. Proportion of TRON in Transfer Volume: 70%

It is no exaggeration to say that half of the USDT is tied to the TRON chain, and the majority of daily USDT transactions and transfer volumes occur on TRON.

Examining the scale of USDT transfers in more detail, transactions under 1K constitute 70%, indicating widespread use among retail users. Meanwhile, the proportion of transactions over 10K is also steadily increasing, reflecting growing usage among institutional-level users.

TRON's fast transfer speeds and low fees are key reasons why it continues to attract more users. These strengths solidify TRON's position as a vital infrastructure for USDT transfers.

TRON stands out as a fast, affordable, and stable blockchain network, cementing its role as a core infrastructure for USDT.

Written by CryptoQuant Degen