TRON Network Sees Stablecoins Soar by $2,170,000,000 in a Week, Outperforming in Transaction Fees: Latest On-Chain Statistics Show

Stablecoins on the Rise: Tron's Surge in the Market

In the world of cryptocurrency, stablecoins are making a significant splash, and Tron (TRX) is no exception. According to crypto tracker Lookonchain, the value of stablecoins USDT and USDC on Tron has soared by an impressive $2.17 billion over the past week.

Tether's Tidal Wave

USDT, the top stablecoin by market cap, has seen a surge in circulation on Tron, reaching an staggering $71.7 billion, with Tether minting another 1 billion USDT on Monday alone. Since the end of January, Tether has minted a total of 12 billion USDT on the Tron blockchain.

Chasing the Leader

Tron is not holding back in the race for fee dominance. Multi-chain AI analytics platform Nansen has reported that Tron has been leading the fee game over the past 30 days, with Solana (SOL) nipping at its heels. In the past seven days, Tron has recorded over $11.7 million in fees, compared to Solana's $8.75 million and Ethereum's $4.75 million.

TRX is currently trading at $0.246, maintaining an even performance over the past week.

Stay Ahead of the Game

Stay connected with the latest news, updates, and insights from the crypto world. Don't miss a beat – subscribe to get email alerts, check price action, and dive into The Daily Hodl Mix.

Disclaimer:

Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor.

Image credit: Midjourney

Industry Announcements

aZen Secures $1.2 Million Seed Round and Web 3.0 Grants To Build DePIN for Ubiquitous AI After Onboarding 600,000 UsersBitcoin Seoul 2025 To Host Global Industry Leaders for Asia's Largest Bitcoin-Focused ConferenceFLOKI and Rice Robotics Launch AI Companion Robot With Token RewardsSTEPN and the Argentina Football Association Announces Their Latest NFT DropBYDFi Partners With Ledger To Launch Limited Edition Hardware Wallet, Debuts at TOKEN2049 DubaiTeam Behind Popular Telegram Wallet Grindery Reveals Wallet Infra for AI AgentsCommon Launches First Privacy Web App With Subsecond Proving Times for Arbitrum and Aleph Zero EVM

Up, up, and away!

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

A Closer Look at Stablecoins on the Tron Blockchain

A closer examination of the data reveals that Tron's dominant position in the stablecoin market is bolstered by several factors:

Consolidated Market Share: As of early 2025, USDT on Tron accounted for an impressive 99.3% of the total stablecoin market cap, with a value of $65.7 billion, placing it just below Ethereum's market cap of $72.8 billion.
Growing Trading Volume: The average daily trading volume of USDT on Tron saw a 3.3% increase compared to the previous quarter, reaching $19 billion.
Cost-Effectiveness: Tron's low transaction fees, combined with its high transaction speeds, have made it an attractive platform for stablecoin transactions.
Integration: Tron's integration with various crypto exchanges and focus on stablecoin settlements have propelled its market position. The platform processes over $50 billion in USDT transfers per month.
Strategic Partnerships and Developments: Statements from Tron's founder, Justin Sun, such as the intention to eliminate fees in stablecoin transactions, have fueled its growing appeal in the market.

Challenges and Opportunities

Countering Security Breaches: Despite recent security breaches, Tron's robust ecosystem has remained resilient, with over 3 million daily active accounts.
Competing for Market Dominance: Tron is positioning itself as a strong contender against Ethereum in the stablecoin market, leveraging its cost-effectiveness and efficiency to cater to the growing demand for efficient stablecoin solutions.

USDC on Tron

While data on USDC on Tron is less extensive than USDT, Tron's stablecoin ecosystem appears to benefit from its low fees and high transaction throughput. However, more specific statistics on the circulation and trading volume of USDC on Tron are not readily available.

In The Crosshairs

Tron's thriving stablecoin market, particularly USDT, is making waves in the crypto world. As the demand for efficient and cost-effective stablecoin solutions continues to grow, Tron is well-positioned to challenge Ethereum's hold on the market. Stay connected with The Daily Hodl for the latest updates on this exciting development.

Stablecoins on Tron, such as USDT and USDC, are experiencing a surge in circulation and trading volumes, with USDT being the top player by market cap in the stablecoin market on the Tron blockchain. The cost-effectiveness and efficiency of the Tron ecosystem are fueling its growing appeal for stablecoin transactions.

Tron's thriving stablecoin market, particularly USDT, is making waves in the crypto world, positioning itself as a strong competitor against the established dominated by Ethereum. As the demand for efficient and cost-effective stablecoin solutions continues to grow, alternative blockchain platforms like Tron are well-positioned to capitalize on this opportunity.

Stablecoins are seeing significant growth on the layer-1 blockchain Tron (TRX), as per data from the crypto monitoring platform Lookonchain.

Stablecoins see growth on the blockchain network Tron (TRX), as per the crypto monitoring platform Lookonchain.

TRON Network Sees Stablecoins Soar by $2,170,000,000 in a Week, Outperforming in Transaction Fees: Latest On-Chain Statistics Show