TRON Dominates USDT with Half of All Stablecoins Held on Its Network

TRON has become the network for more than half of all USDT, the largest stablecoin. This share is significant and suggests that TRON is becoming the main platform for moving dollars on-chain.

The reason behind this dominance is due to its low fees and fast processing times. Sending USDT on TRON costs less than a few cents and takes only a few seconds, making it ideal for frequent users such as freelancers, families sending money abroad, and traders moving funds between exchanges.

TRON's user base supports this trend, with over 4.6 million daily active accounts in the previous 30 days. However, holding half of all USDT comes with risks, including concentration risk where a major issue on TRON could affect the entire USDT market.