In January 2025, the Tron network held $59.7 billion worth of USDT, representing only 43.72% of the market share. Ethereum, on the other hand, dominated with $76.9 billion USDT and a 56.27% share.
However, Tron’s fast, low-cost, and reliable infrastructure completely changed the game over the past eight months.
As of August 3, 2025, USDT on Ethereum increased by just 3.64% to $79.7 billion, but its market share fell to 49.08%. Tron, meanwhile, surged by a massive 38.6% to reach $82.76 billion (50,91%) taking the #1 spot in USDT holdings.
This shift reflects the rapidly accelerating stablecoin adoption following the GENIUS ACT passed in July. Being the strongest network for USDT gives Tron not only prestige but also a significant boost in network usage and revenue potential.
In short — Tron didn’t just take the lead, it took it with authority. If this trend continues, Tron could very well become the true home of USDT.
Written by burakkesmeci
