maartunn
Tron $73.8B USDT Supply Overtakes Ethereumโs USDT Supply ๐ช๐ฑโ๐
On May 6, 2025, for the first time ever, the total supply of USDT on Tron (TRC-20) surged past that on Ethereum (ERC-20), reaching $73.8B versus $71.9B. This crossover was bound to happenโand itโs finally here. Itโs the result of: 1. Tron Ascending Dominance Since mid-2023, USDT issuance on Tron has climbed steadily, with $1.0B minted regularly. Tronโs low fees, fast block times, and reliable uptime have made it a trusted conduit for large-scale USDT flows. In just the first half of 2025, over $14.0B in new USDT was issued on Tron alone. 2.. Ethereumโs Plateau and Recent Decline Ethereumโs USDT supply jumped sharply in late 2024 (fueling DeFi activity) but has since leveled off and dipped slightly. Traders and protocols are increasingly moving liquidity off-chain or onto cheaper Layer-2 networks due to high gas fees and less efficient networks.