Data shows that Ethereum has regained the dominant position in USDT supply, surpassing Tron for the first time since June 2022. As of the time of writing, the circulating supply of USDT on Ethereum is 66.936 billion, while the circulating supply on Tron is 61.77 billion. So far this year, the supply of USDT on Ethereum has increased by nearly 62%, exceeding the growth rate of Tron during the same period (24.4%). Analysis indicates that the significant increase in USDT supply on Ethereum may simply be due to bullish market conditions, as Bitcoin recently broke its all-time high, reigniting interest from retail and institutional investors. (The Block)