On June 25, 2025, TRON hit a new record with $23.4 billion in daily USDT transfers. This underscores its position as the leading network for stablecoin transactions. TRON has consistently processed more USDT volume than Ethereum since mid-2022.

The chart doesn’t just show a record: it highlights the growing gap between TRON and Ethereum. TRON remains in an uptrend, while Ethereum’s daily USDT volume is down about 39% from its November 2024 peak, now sitting at $9.9 billion.

This split points to a shift in usage: TRON is now Tether’s main settlement layer, while Ethereum has moved toward DeFi and institutional flows.

Written by maartunn

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