TRON Dominates USDT Market with Half of Global Supply

TRON has become the main network for moving USDT on-chain, holding around half of the world's $USDT supply worth approximately $94.2 billion as of late August 2026.

This dominance is largely due to TRON's cheap and fast transactions, which cost less than a few cents and take only a few seconds, making it ideal for frequent senders such as freelancers and families transferring money abroad.

However, this concentration of USDT on one network also raises concerns about concentration risk, where a technical problem or regulatory action could affect the entire market.