TRON Overtakes Ethereum in USDT Supply with $94 Billion Milestone
TRON's USDT supply has surpassed Ethereum's total, reaching $94.27 billion after a $4 billion monthly gain. According to data from Lookonchain cited by Justin Sun, founder of TRON and owner of BitTorrent ($BTT), the stablecoin supply on the TRON network has grown significantly.
This milestone marks a notable shift in market share for USDT, with TRON now holding more than Ethereum's total. The growth in USDT supply on TRON is attributed to its increasing popularity as a stablecoin.
Justin Sun stated that TRON now holds more than $94.27 billion in USDT, pushing the stablecoin supply past the total on Ethereum.