Tether (USDT) may not be the most talked-about coin, but it is actually very popular. In September alone, over $424.0 billion in USDT was transferred on the TRON Network, marking one of the highest transfer amounts ever recorded.

Stablecoins have become very popular in recent years. Tether is the biggest stablecoin (market cap = 119.75B), and TRON is one of the most popular network for sending them.

Since it started in 2019, the growth has been steady. In the beginning, the monthly transfer amount was only $73 million on a monthly basis, and a year ago, it was $304.0 billion. This is a 25% increase compared to last year, which shows the growth is not over yet!

Written by maartunn