In 2025, TRON has quietly but decisively become the dominant force in stablecoin transactions, outpacing Ethereum in both volume and usage. According to recent data from CryptoQuant, TRON now moves an astounding $23 billion in USDT every day—more than double Ethereum’s daily average.
TRON has emerged as a preferred network for Tether (USDT) due to three simple yet crucial advantages:
Minimal transaction fees
Near-instant confirmations
Global accessibility, especially in developing regions
These factors have made TRON more than just a blockchain; it has evolved into a global payments backbone, with over 283 million USDT transfers processed so far in 2025 alone.
USDT Migration: Ethereum Loses Its Crown
A major shift has occurred in the stablecoin ecosystem. For the first time ever, TRON now hosts the majority of all USDT in circulation—surpassing $75.8 billion in supply, while Ethereum trails behind with a declining share.
In just the past year, TRON saw a 27% surge in its USDT supply, adding around $16 billion to its total. Ethereum, once the leading stablecoin network, now holds just 49% of the supply, with other blockchains contributing a mere 1.5%.
This significant realignment shows that users and developers are increasingly choosing TRON for its speed and cost-effectiveness, while Ethereum shifts toward high-value DeFi and institutional use cases.
TRON's Daily Transfer Volume: A New Benchmark
Perhaps most striking is the transfer volume. TRON processes over $23.4 billion in daily USDT transactions—more than double Ethereum’s $10.5 billion, which has declined 37% since its peak in late 2024.
This signals a broader change in how blockchains are used:
Platform Daily USDT Transfers Focus
TRON $23.4B Retail, high-volume payments
Ethereum $10.5B (and falling) DeFi, smart contracts
Ethereum’s strength in DeFi is undeniable, but for everyday payments, TRON has become the undisputed champion.
More Than USDT: TRON’s Expanding Ecosystem
While USDT remains the cornerstone of TRON’s transaction volume, other tokens are gaining traction:
Wrapped TRX (WTRX): ~2.5 million transfers
PayNet Coin: ~1.3 million transactions
USDD: ~427,000 moves
These figures underscore TRON’s evolution into a comprehensive payment and DeFi ecosystem.
Unlike Ethereum, which often prioritizes complex smart contracts, TRON is optimizing for speed, simplicity, and scalability—especially for micropayments and cross-border transfers.
TRON vs. Ethereum: Transaction Gap Widens
TRON now facilitates around 2.4 million USDT transactions per day, compared to Ethereum’s 284,000. The difference is staggering and reflects TRON’s intentional design as a high-throughput, low-cost network for real-world transactions.
This transformation isn’t just a technical win—it’s a market strategy, and it’s working.
Final Thoughts: A New Era in Blockchain Utility
TRON’s rise isn't accidental. With consistent performance, ultra-low fees, and a laser focus on payments, it has positioned itself as the backbone of retail crypto transactions globally.
Whether it’s peer-to-peer transfers, remittances, or business payments, TRON is increasingly the network users trust. Ethereum remains a powerful platform for complex applications, but TRON now owns the stablecoin space.
