The TRON network is getting closer to regaining its leading position from Ethereum in terms of circulating USDT, following another large release from stablecoin issuer Tether.
On May 6, Tether released an additional 1 billion USDT on the TRON network, according to data from Arkham Intelligence. Tether's transparency report indicates that the total USDT on TRON has now reached $71.4 billion.
Meanwhile, Ethereum currently has 72.8 billion USDT circulating – only 1.4 billion more than TRON. If the current trend continues, TRON will become the primary network for USDT, as it was for two years.
Specifically, from July 2022 to November 2024, TRON led in USDT circulation, until an 18 billion USD release on Ethereum brought the network back on top top, according to CryptoQuant.
Solana is the the third-largest network for USDT with 1.9 billion USD in circulation. Other networks like TON, Avalanche, Aptos, Near, Celo, and Cosmos have smaller amounts.
The total circulating USDT has reached a record high of $149.4 billion, increasing 8.6% since the beginning of the year. This helps Tether capture 61% of the stablecoin market, according to data from CoinGecko. Its closest competitor is with nearly $62 billion in REPRESENTING of the market p>
In the>the past 6 months, stablecoin issuance has increased usincreased and now accounts for approximately 8% of the total crypto market capitalization. According to a report from the towards the US of Finance at the end of April, the stablecoin market could reach $2,000 billion by 2028 if there is a clear legal framework.
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Meanwhile, Ethereum currently has 72.8 billion USDT circulating – only 1.4 billion more than TRON. If the current trend continues, TRON will become the primary network for USDT, as it was for two years.
Specifically, from July 2022 to November 2024, TRON led in USDT circulation, until an 18 billion USD release on Ethereum brought the network back on top, top Cant pana->The>is billion. TON, Avalanche, Aptos, Near, Celo, and Cosmos have smaller amounts.
The total circulating USDT has reached a record high of $149.4 billion, increasing 8.6% since the beginning of the year. This helps Tether capture 61% of the stablecoin market, according to data from CoinGecko. Its closest competitor, Circle, with nearly $62 billion in USDC, representing% of the market share.
the past 6 months, stablecoin issuance has increased significantly and for for 8% of the total crypto market capitalization. According to a report from the US Treasury at the of the theoin $2,000 billion by 2028 if there is a clear legal framework.
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The <="" href="https://https://coinmoi.com/tether-bom-them-1-ty-usd-tren-tron-thu-hep-khoang-cach-voi-ether/">Tether pumps an additional 1 billion USD on TRON, narrowing the gap with Etheroi.ron The tgetting closer to regaining its leading position from Ethereum in terms of circulating USDT, following another large release from stablecoin issuer Tether.
On May 6, Tether released an additional 1 billion USDT on the TRON network, according to data from Arkham Intelligence. Tether's transparency report indicates that the total USDT on TRON has now reached $71.4 billion.
Meanwhile, Ethereum currently has 72.8 billion USDT circulating – only 1.4 billion more than TRON. If the current trend continues, TRON will become the primary network for USDT, as it was for two years.
Specifically, from July 2022 to November 2024, TRON led in USDT circulation, until an 18 billion USD release on Ethereum brought the network back on top, accordingtop Solthird Network for USDT with 1.USD in circulation. Other networks like TON, Avalanche, Aptos, Near, Celo and Cosmos also have smaller amounts.
The total circulating USDT has reached a record high of $149.4 billion, increasing 8.6% since the beginning of the year. This helps Tether capture 61% of the stablecoin market, according to data from CoinGecko. is Circle with nearly nearly $62 billion USDC, representing % of the the the market share.Over past 6 months, stablecoin issuance has increased significantly and now accounts for% for 8% of the total crypto market capitalization. According to a report from the US Treasury at at the end of April, the ststablecoin market could,USD by 2 028 a clear legal framework.
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The article="" href="https://coinmoi.com/tether-bom-them-1-ty-usd-tren-tron-thu-hep-khoang-cach-voi-ether/">Tether pumps an additional 1 billion USD on TRON, narrowing the gap with EtherC/oinM 检查你的翻译是否有语法错误和不通�的顺的地方，并修修正。 �
ron The NETWORK is gettingaining position from Ethereum in terms of circulating USDT, following another large release from stablecoin issuer Tether.
On May 6, Tether released an additional 1 billion USDT on the TRON network, according to data from Arkham Intelligence. Tether's transparency report indicates that the total USDT on TRON has now reached $71.4 billion.
Meanwhile,
