TRON just flipped Ethereum in USDT dominance and it wasn’t even close
Jan 2025 Snapshot:
🔹 #Tron : $59.7B $USDT (43.72% share)
🔹 #Ethereum : $76.9B USDT (56.27% share)
Aug 3, 2025 Update:
🔹 Ethereum: $79.7B (+3.64%) — share drops to 49.08%
🔹 Tron: $82.76B (+38.6%) — share jumps to 50.91%
The catalyst? Tron’s high-throughput, low-fee rails have been absorbing stablecoin liquidity at an aggressive pace, especially post–GENIUS ACT in July. This migration not only boosts network prestige but also fuels fee revenue and transaction count.
Right now, Tron is the largest USDT settlement layer on-chain. If capital inflows maintain this slope, ETH might not see that crown again.
