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Tron’s USDT Dramatically Outpaces Ethereum’s Token by Circulating Supply
In a recent update from Tether Transparency tracker, it has become clear that Tron (TRX) is rapidly gaining traction in the world of stablecoins. According to the data provided, Tron’s USDT token has dramatically outpaced its Ethereum-based counterpart by a significant margin.
The statistics reveal that there are now $74.6 billion worth of USDT ERC-20 tokens circulating in the market, whereas only $58 billion are issued on Tron (TRX). This massive disparity highlights the growing popularity of Tron as a viable platform for stablecoin transactions.
It is essential to note that despite TON-based USDT being introduced less than a year ago, it has already taken over Solana’s stablecoin as the third largest version. This remarkable surge in adoption underscores the increasing confidence in Tron’s ability to support secure and efficient transactions.
Reference:
Source: u.today
