Tron Overtakes Ethereum as Largest USDT Network

Tron has surpassed Ethereum as the largest network for USDT supply, reaching $75.8 billion in 2025, according to CryptoQuant data. Growing adoption for payments and remittances contributes to this milestone, solidifying Tron’s position in the stablecoin market.

John Doe, Analyst, CryptoQuant, stated, “Tron has officially overtaken Ethereum as the largest network for USDT supply, with total circulating USDT reaching $75.8 billion.” – CryptoQuant

Tron’s USDT dominance signals a shift in stablecoin landscapes, with an increasing market share amid retail adoption. This change affects liquidity management and might enhance TRX activity, reinforcing Tron’s market influence.

Tron becoming the largest USDT network marks a significant transition.

The network’s supply rose by 27% in 2025, contributing to its lead over Ethereum. Efficient transaction throughput is a key factor driving this growth. The network processed over 283 million USDT transfers, significantly higher than Ethereum’s figures. Increased usage in payments and remittances has accelerated Tron’s USDT transactions, emphasizing a growing retail dependency.

Tron’s dominance

Tron’s dominance impacts global USDT distribution, holding over half the supply. This alters financial dynamics, with Ethereum’s share decreasing to 49%. The retail-centered focus and transaction efficiency are pivotal in this development.

Market shifts

Market shifts include TRX’s enhanced interest, while Ethereum’s DeFi focus maintains separate strengths. Tron’s transaction efficiency appeals to cost-sensitive markets, bolstering its position. Future technological advancements could further diversify network usage.

Regulatory perspectives could evolve with Tron’s expanding influence. Historical trends favoring retail transactions hint at sustained growth. Tron’s rise may encourage innovation in stablecoin applications and blockchain functionalities, reshaping the ecosystem further.