#AltcoinMomentum Ethereum Overtakes TRON in Tether Supply

Ethereum has regained its dominance in the supply of the USDT stablecoin after TRON took the lead in August 2022, according to DeFi Llama.

The blockchain of the second-largest cryptocurrency by market cap has issued tokens worth $60.3 billion, while its competitor has almost $58 billion.

Over the past month, the former has grown by 28.3%, while the latter has fallen by 2.7%.

BNB Chain, Arbitrum, and Avalanche, for comparison, have issued USDT worth ~$4.9 billion, $3.1 billion, and $1.3 billion, respectively.

Ethereum accounts for 45.3% of Tether's supply, while TRON has 43.6%.