Tether exceeds $150.000 billion
Thanks to the development of the DeFi sector and various initiatives, USDT has established itself as one of the most recognized financial vehicles. The growth of USDT has been sustained over time, largely due to the development of blockchains like Tron. Only on the Tron network, more than $73.700 billion are moved, according to Tether's website.
In second place is the Ethereum network, which holds $71.832 billion. And lastly, Solana, with only $1.951 billion in circulation. Lesser-known players like Ton with $998 million and Aptos with $735 million stand out.
A fundamental factor for studying the large trading volumes of USDT are the platforms operating on these chains. Initially, we recognize Tron and Ethereum as the favorites for the DeFi industry. This gives us a first reading on the development and weight of USDT in the industry in general.