Tron-Based USDT Transactions Surpass Ethereum by 900% in Dominance  

• Tron-based USDT transactions reached 900% more than Ethereum, with Tron processing 22 billion transfers compared to Ethereum’s 2.6 billion. 
• TRC-20 USDT established itself as a leader in stablecoin transfers, surpassing Ethereum during the November 2021 crypto rally. 
• TON-based USDT is rapidly rising, becoming the third largest Tether version, challenging Solana’s former position in stablecoin usage. 

The Tron-based version of Tether’s USDT has outrun the Ethereum-based version of Tether in the number of its transactions. TRC-20 USDT was consistently higher than ERC-20 USDT for over 40 months. Recent data from crypto analyst @Crazzyblockk shows that Tron processed an impressive 22 billion transactions, dwarfing Ethereum’s 2.6 billion transfers. This 900% difference underscores Tron’s growing role in stablecoin activity. 

Market Trends Highlight Tron’s Rise

From November 2021, Tron became the preferred blockchain for carrying out podium operations, especially during volatile times. When the FTX/Alameda crisis occurred in November 2022, the TRC-20 USDT became the most valuable stablecoin afterward. Its rapid adoption and increased utility demonstrate its appeal to users seeking faster and more cost-effective transactions. 

Despite Tron’s dominance in transaction count, Ethereum remains the leader in circulating USDT supply. According to Tether Transparency, $74.6 billion USDT is issued on Ethereum compared to Tron’s $58 billion. This reflects Ethereum’s continued significance in stablecoin issuance, even as Tron gains traction in transaction volume. 

TON-Based USDT Gaining Ground 

Additionally, the TON blockchain is emerging as a new contender in the stablecoin market. Launched less than a year ago, TON-based USDT has quickly become the third-largest version of Tether, replacing Solana. This shift signals a growing diversification in stablecoin platforms as users explore alternatives to traditional options like Ethereum. 

 This upturn shows that as the market changes, Tron stands out for performing an extensive number of USDT transactions, thus highlighting the lessons of utilizing colossal blockchain equipment. That is why, while Ethereum will remain an indisputable leader in terms of supply, Tron stresses the advantage of its transaction speed and low cost, forming new stables in the stablecoin market.