TRON has solidified its position as a dominant blockchain network for stablecoin transactions, particularly Tether (USDT), according to new research from CryptoQuant. The platform has emerged as a workhorse for payments, handling a staggering 283 million USDT transfers in 2025 alone, reflecting its growing influence in everyday crypto transactions.
USDT Transactions Skyrocket on TRON
The surge in USDT transfers on TRON can be attributed to three key factors: ultra-low fees, near-instant confirmation, and accessibility in emerging markets. These advantages have propelled TRON to become a vital infrastructure layer for global payment systems.
CryptoQuant data reveals that TRON now facilitates $23.4 billion in daily USDT transactions, more than double Ethereum’s average of $10.5 billion. This is a significant shift, as Ethereum’s daily volume has declined by 37% from its peak in late 2024, highlighting TRON’s dominance in stablecoin transfers.
USDT Supply: TRON Overtakes Ethereum
TRON’s rise as the preferred network for USDT transactions is further evidenced by its share of the stablecoin’s supply. In 2025, the total USDT supply on TRON surged by 27%, reaching $75.8 billion, while Ethereum’s USDT share has plateaued at $68.4 billion.
This marks a turning point in the stablecoin market, as TRON now accounts for over 50% of USDT’s total supply, while Ethereum’s share has dropped to around 49%. Other blockchains collectively hold a minimal 1.5% share, indicating TRON’s growing dominance in the stablecoin ecosystem.
TRON Expands Beyond USDT
While USDT remains the primary asset driving activity on TRON, other tokens are also gaining traction. Wrapped TRX (WTRX) has recorded approximately 2.5 million transfers, highlighting active decentralized exchange (DEX) trading and DeFi participation.
Similarly, PayNet Coin and USDD have facilitated 1.3 million and 427,000 transfers, respectively, underscoring TRON’s expanding role in retail payments and cross-border remittances.
The data underscores TRON’s strategic focus on becoming a low-fee, high-throughput network for retail and payment-centric transactions, distancing itself from Ethereum’s resource-heavy, smart contract-focused infrastructure.
TRON’s Growing Payment Ecosystem
TRON’s positioning as a retail payments network has become increasingly apparent. The platform processes approximately 2.4 million USDT transactions daily, compared to just 284,000 transactions on Ethereum.
CryptoQuant’s report makes it clear: TRON is not only dominating the stablecoin market but is also emerging as a leader in everyday payment transactions, capitalizing on its low fees, high throughput, and global accessibility. This evolution has positioned TRON as a pivotal network in the broader crypto payment landscape, signaling a strategic shift from its earlier focus on smart contracts and DeFi.
