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TRON Sets New USDT Record: $700B in Transfers, $411B from Whales
Stablecoins are becoming a key part of crypto adoption. Among them, $USDT leads the way, and its largest network (TRON) is setting new records. In May alone, $694.54 billion worth of USDT was transferred on TRON. That’s an all-time high (ATH). Let’s dig in 🧵 2/ Whales dominate the activity. ~59% of May’s USDT volume on TRON came from transactions over $1M. That’s $411.2B in large transfers alone. 3/ TRON now holds the most stablecoins across all chains. Here’s the current stablecoin breakdown: - USDT (TRC-20): $75.7B - USDT (ERC-20): $71.4B - USDT (Other): $4.1B - USDC (All chains): $60.6B 4/ $1B+ mints are becoming common. So far in 2025, there have been 17 mints of $1B+ USDT on TRON (TRC-20). And we’re only halfway through the year. 5/ The TRON network is also seeing the impact of USDT’s growth. It has now processed over 10.5 billion transactions, reflecting its increasing on-chain activity.