Ethereum surpasses TRON, reclaiming its leading position in USDT supply
Ethereum has regained its position as the leading blockchain network in terms of USDT issuance, reaching a circulating supply of 92.7 billion USD. This change comes after $ETH was surpassed by TRON since March and has frequently been overshadowed since 2022 due to TRON's advantage of low transaction fees.
Priority on DeFi Ecosystem and Infrastructure
Although $TRX is famous for extremely low transaction fees, the latest data shows that users are increasingly prioritizing the experienced DeFi ecosystem and robust infrastructure of Ethereum. The Ethereum network currently processes nearly 1 million stablecoin transactions daily. The stable USDT supply volume remains high across both networks (75-80 billion USD), reflecting the core role of USDT in the global crypto market.
The Stablecoin Market is Becoming More Accepted
This shift occurs against the backdrop of the market #stablecoin witnessing strong integration into traditional finance. Major organizations like PayPal (PYUSD) are incorporating stablecoins into their payment infrastructure. Furthermore, the U.S. Commodity Futures Trading Commission (CFTC) recently proposed allowing the use of stablecoins as collateral in the derivatives market, opening the door for the legalization and deeper penetration of this digital asset into the U.S. financial system. #anhbacong