USDT, Tron Blockchain Dominate Fast-Growing Stablecoin Payments Arena, Survey Shows

USDT, Tron Blockchain Dominate Fast-Growing Stablecoin Payments Arena, Survey Shows

Analytics specialist Artemis, assisted by VC firms Dragonfly and Castle Island Ventures, looked at data from 31 stablecoin payment companies.

Tron Cements Its Dominance in USDT Ecosystem as On-Chain Activity Surges

A recent report by Darkfost, shared through CryptoQuant, highlights Tron’s accelerating rise as a central force in the stablecoin space, particularly in facilitating Tether (USDT) transactions. The network is experiencing sustained growth in both transaction volume and user activity, reinforcing its dominance in the global stablecoin infrastructure. USDT Transfers on Tron Surpass $500B Monthly Since November 2024, Tron’s network has consistently…

Key Points of the News Tether (USDT) concentrates 90% of the volume of payments with stablecoins globally, with the Tron network as the main means of settlement by hosting about 60% of transactions. An analysis by Artemis, supported by Dragonfly and Castle Island Ventures, estimates that this market moves more than $72 billion a year. The figures consolidate the role of USDT as a preferred option, especially in emerging markets. A recent report …