Tron Surpasses Ethereum in USDT Transactions by 500%

Tron has emerged as the leading platform for global USDT transactions, surpassing Ethereum by more than five times. On June 29, users transferred over $6.94 million in USDT via Tron, compared to just $1.31 million on Ethereum. This shift underscores Tron's growing dominance in the stablecoin market, particularly in emerging economies.

Analyst Carmelo Alemán attributes Tron's rise to its efficient infrastructure, which offers near-zero fees and instant settlements. This makes Tron an essential tool in countries facing hyperinflation or currency instability, such as Venezuela, Turkey, Nigeria, and Argentina. In these regions, Tron's TRC-20 USDT functions as an alternative banking system, accessible via mobile devices. Major exchanges have also begun to default to TRC-20 for USDT deposits and withdrawals, accelerating the shift in daily liquidity from Ethereum to Tron.

This structural change is not temporary but reflects a sustained adoption of Tron as the preferred network for USDT value transfers. By June 2025, the USDT on Tron had grown past $80 billion, partly driven by Tether's strategic moves, including minting $2 billion worth of the stablecoin exclusively on Tron. Tron's dominance extends beyond transactions, with plans to go public through a reverse merger with SRM Entertainment, although rumors of U.S. political involvement have been denied.

Tron's regional supremacy is evident in Latin America, where it dominates stablecoin settlements in markets like Colombia and Brazil. In Africa, it controls a significant share in six of the ten major economies, including Egypt and Ghana. Asia now leads in USDT volumes on Tron, giving it technical and geopolitical leverage in the blockchain economy. This trend is persistent and not a temporary anomaly, according to market watchers.

Tron's native token, TRX, has also seen significant growth. It recently hit a record $132.4 billion in monthly transfer volume and entered the top ten of the world's largest cryptocurrencies by market cap, ranked eighth. Pricewise, TRX has shown modest gains, up 0.7% in the last 24 hours and 4.1% in 30 days, outperforming the global crypto market's 0.2% increase over the past week.