TRON Dominates USDT Holdings with Record 51.4% Share

TRON now holds about half of the world's USDT supply. As of late August 2026, around 51.4% of all USDT is on TRON, worth approximately $94.2 billion.

This significant share suggests that TRON has become the main network for moving dollars on-chain. Its low fees and fast transfers make it popular for everyday crypto payments worldwide.

Compared to Ethereum, which offers greater decentralization but can cost more for frequent USDT transfers, TRON's dominance is a notable shift in the stablecoin landscape.