Tether (USDT) has demonstrated significant growth and popularity, particularly on the TRON Network. In September, over $424.0 billion in USDT was transferred on TRON, marking one of the highest transfer amounts ever recorded. This highlights the increasing reliance on stablecoins within the blockchain ecosystem.

Stablecoins, led by Tether with a market cap of $119.75 billion, have seen a surge in adoption. TRON has emerged as a preferred network for these transactions. Since its inception in 2019, Tether's monthly transfer volume has grown from $73 million to $424.0 billion, reflecting a 25% increase from last year.

This upward trend underscores the ongoing expansion and potential of stablecoins in the market.