Tron Processes Record $24.3 Billion in Daily USDT Transfers Surpassing Ethereum by 145%

Tron achieved a significant milestone on July 1, 2025, by processing a record $24.3 billion in daily USDT transfers. This figure far exceeds Ethereum’s $9.9 billion on the same day, highlighting Tron’s growing dominance in the stablecoin network. The surge in Tron’s daily USDT transfers marks the highest level recorded in the past five years, solidifying its position as the leading stablecoin network.

Tron’s consistent outperformance of Ethereum in USDT volume began in the second quarter of 2022. Since then, Tron has maintained steady, uninterrupted growth, driven by lower fees, faster settlements, and rising user demand for stablecoin transactions. This trend is evident in data from early 2020 to mid-2025, which shows a gradual shift in user preference toward Tron’s infrastructure. While Ethereum dominated the stablecoin market from 2020 to mid-2021, frequently crossing $12 billion in daily volumes, its activity began to slow by late 2021. Ethereum’s daily volume fluctuated between $3 billion and $9 billion throughout 2022 and 2023, contrasting sharply with Tron’s steady climb.

Tron overtook Ethereum in the second quarter of 2022 and has since maintained its leadership in USDT transfers. By mid-2023, Tron consistently processed more daily USDT than Ethereum, and the gap widened in 2024. While Ethereum experienced temporary spikes near $15 billion, Tron reached $18 billion and continued its growth trajectory. In 2025, Tron’s momentum showed no signs of slowing, with daily USDT transfers hitting $23.4 billion on June 25 and rising to $24.3 billion by July 1. This clear divergence in performance highlights Tron’s efficiency, scalability, and appeal to users, further enhancing its value proposition with lower transaction fees and faster settlement times.

The trend illustrates a growing shift in USDT transaction infrastructure, with Tron becoming the preferred network for USDT movement. Ethereum’s role has diminished in comparison, as users increasingly opt for Tron’s more efficient and cost-effective platform. This shift underscores the importance of network performance and user experience in the stablecoin market, where lower fees and faster settlements are critical factors in attracting and retaining users. As Tron continues to dominate the stablecoin network, its impact on the broader cryptocurrency ecosystem is likely to grow, shaping the future of digital asset transactions.