TRON’s USDT Supply Nears $62 Billion, Outpacing Ethereum

Tatevik Avetisyan
By Tatevik Avetisyan 4 Min Read

YEREVAN (CoinChapter.com) — The USDT circulating supply on TRON has grown from $6.7 billion in 2021 to nearly $62 billion in 2025. This increase reflects the rising use of TRC-20 USDT on the TRON blockchain for stablecoin transactions.

Recent data shows that TRC-20 USDT supply has surpassed ERC-20 USDT on Ethereum. The shift follows a rise in transaction volume on TRON, driven by lower fees and faster processing times. More users are using TRON for stablecoin transfers, expanding its USDT supply.

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CryptoQuant data confirms TRON’s dominance in stablecoin transactions, which have steadily increased over four years.

TRON's USDT Circulating Supply Growth Reaches $62 Billion Amid DeFi Expansion. Source: CryptoQuant
TRON’s USDT Circulating Supply Growth Reaches $62 Billion Amid DeFi Expansion. Source: CryptoQuant

TRC-20 USDT Transactions Surpass ERC-20 USDT

The comparison between TRC-20 USDT and ERC-20 USDT shows a shift in transaction volume. Data from CryptoQuant highlights that TRON’s stablecoin transactions have consistently increased, while Ethereum’s activity has declined.

Ethereum gas fees remain higher than TRON’s transaction costs. More liquidity is now flowing through TRON USDT supply. The numbers reflect the change, with TRON handling billions in USDT transactions every month.

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TRC-20 USDT Transactions Surpass ERC-20 USDT as TRON Captures Stablecoin Market Share. Source: CryptoQuant
TRC-20 USDT Transactions Surpass ERC-20 USDT as TRON Captures Stablecoin Market Share. Source: CryptoQuant

TRON Builders League Allocates $10 Million for Development

TRON has introduced the TRON Builders League, a $10 million initiative supporting developers and projects building on its network. The program focuses on expanding DeFi on TRON by funding new applications.

Notably, the initiative provides grants for DeFi applications, stablecoin solutions, and blockchain development. The goal is to increase TRON blockchain adoption and further integrate TRC-20 USDT into financial applications.

The funding is expected to support new projects that contribute to TRON’s growing DeFi ecosystem. Transaction activity and liquidity on TRON USDT supply could also increase as more developers build applications around stablecoin use.

Stablecoin Transactions on TRON Continue to Expand

The TRON blockchain has seen a steady rise in stablecoin transactions, with the total stablecoin market cap now reaching $62.56 billion, according to DeFiLlama. Over the past seven days, the market cap has increased by $390.01 million, reflecting a 0.63% growth.

TRON Stablecoin Market Cap Surpasses $62.56 Billion, With USDT Holding 98.48% Dominance. Source: DeFiLlama
TRON Stablecoin Market Cap Surpasses $62.56 Billion, With USDT Holding 98.48% Dominance. Source: DeFiLlama

Beyond TRC-20 USDT, increased memecoin activity has contributed to higher transaction volumes on TRON. These tokens, actively traded by large communities, generate significant network traffic. TRON’s scalability and transaction speed allow frequent transfers, making it a preferred platform for high-volume trading.

USDT dominates 98.48% of stablecoin transactions on TRON, reinforcing its role in network liquidity. Many exchanges and financial platforms facilitate TRON-based stablecoin transfers, supporting both retail and institutional users for cross-border transactions.

In addition, the growing reliance on stablecoins within TRON has also drawn attention from regulators worldwide. Authorities are increasing oversight, implementing policies that require stablecoin issuers to maintain transparent reserves and financial reporting to ensure compliance.

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Tatevik Crypto Journalist CoinChapter

Tatevik Avetisyan

Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments. She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies. Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.