After the launch of USDT on Tron, this blockchain is confidently catching up with ETH.
According to CryptoQuant, TRX’s share in the total issuance of USDT has reached 53.47%, and Tron’s share in USDT transactions is approaching 93%.
Analysts note that due to low fees, most Tether transactions take place on the Tron platform.
Interestingly, up to 70% of retail USDT transactions—amounts up to $1,000—are conducted on Tron.
Analysts believe that in the future, Tron will become the leading platform for the Tether stablecoin.
This blockchain plays a crucial role in forming the global infrastructure for transferring dollar tokens.
The first USDT appeared on this network in 2019, but the mass migration of USDT addresses to Tron occurred during the pandemic.
