Tron’s Stablecoin Dominance Soars as Tether Mints Record $16 Billion on the Network

Tether has minted a record-breaking $16 billion worth of USDT on the Tron blockchain, surpassing Ethereum in stablecoin dominance. This surge is attributed to institutional investors leveraging Tron’s scalability and low transaction fees for large-scale transfers and payments. Institutional activity during peak European and U.S. trading hours fuels this trend. Tether’s strategic focus on high-volume blockchains like Tron further strengthens its position as the preferred stablecoin platform.