The circulating USDT supply on the Tron network has been steadily increasing since June 2022. Back then, the supply was $32 billion, and it has now surged by over 93% to reach $61.76 billion.
Looking at the data for 2024, the circulating USDT supply started the year at $48 billion and has grown by 28.7%, exceeding $61 billion.
Conclusion
The Tron blockchain’s popularity among stablecoins like USDT—an undisputed leader in the market—demonstrates the network's reliability and performance. Low transaction fees and high speed stand out as the primary reasons behind Tron’s appeal.
Moreover, this growth stems not only from technical advantages but also from strategic moves to enhance Tron's market dominance in USDT supply. Tron’s significant lead over other blockchains in this area highlights its potential to attract even more users in the future.
Written by burakkesmeci