IntoTheBlock, an on-chain analytics provider, recently released USDT usage data, which shows that TRON dominates the use of USDT. IntoTheBlock, an on-chain analytics provider, recently released USDT usage data, which shows that TRON dominates the use of USDT. Among them, the weekly transaction volume of USDT exceeded 18 million, and TRON accounted for as much as 78.3%.
In addition, USDT's weekly trading volume on various chains reached 140 billion US dollars. Thanks to its advantages such as high availability and low transaction fees, TRON ranked first with a share of 67.11%.
In terms of the number of independent addresses holding USDT, TRON also ranks first with 36 million; the average holding time is as long as 183 days, which shows the demand for TRON version of USDT in value storage.
With its advantages of fast transfer speed and high security, TRC 20-USDT has become the first choice of stablecoin for hundreds of millions of users. At the same time, as the largest issuing network of USDT, TRON's dominance is continuing to strengthen. Since 2024, TRC 20-USDT has experienced explosive growth. As of now, nearly 10 billion TRC 20-USDT has been issued, with a total issuance volume of 58.8 billion TRC 20-USDT.
IntoTheBlock is an AI-driven programmable financial services platform that provides expertise and advanced technology to explore the crypto market. Previously, IntoTheBlock has integrated the TRON network into its market intelligence suite, and TRON users can use more than 60 indicators for network analysis.