Tron USDT Circulating Supply Surpasses $70 Billion, Cementing its Position in the Crypto Financial Infrastructure

2025-04-24 20:26

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Source: Tron

Recently, the leading global public chain Tron achieved another milestone: the circulation of Tron's USDT protocol (TRC20-USDT) officially surpassed 70 billion US dollars, reaching 70.7 billion tokens, accounting for nearly 50% of the global USDT total supply. This achievement not only solidifies Tron's leading position in the stablecoin field but also highlights its key role in promoting financial inclusion and decentralization.

Tron's founder, Justin Sun, stated on the social platform X: "The USDT circulation surpassing 70 billion US dollars is a historic moment, carrying the trust of global users and the consensus of the community. This is a miracle of the collective effort of the crypto community."

Trust and Consensus Behind the Milestone

Since partnering with Tether in 2019 to issue TRC20-USDT, Tron has become the preferred platform for stablecoin transactions due to its efficient and low-cost network characteristics. As of April 2025, the number of TRC20-USDT holding accounts has reached 64.54 million, with a total transaction volume exceeding 2.461 billion, demonstrating strong growth momentum.

Tron's technical advantage is the key to its success. The network can process thousands of transactions per second (TPS), with confirmation times in seconds and extremely low transfer fees, sometimes even achieving zero fees. In March 2025, Tron announced the launch of "Gas Free" USDT transfer feature, further reducing transaction costs and consolidating its leading position in the payment field.

The Web3 e-commerce platform Uquid recently stated that 85% of its African users have given the Tron network a five-star rating, praising its stablecoin for providing a stable and low-cost payment experience that local payment systems cannot match, injecting vitality into the local economy.

In the first quarter of 2025, Tron's on-chain data performance was particularly impressive: the total number of accounts exceeded 300 million, making it the first public chain platform to reach this scale; daily active accounts exceeded 2 million; in February 2025, the Tron network processed over 14 million USDT transactions weekly, accounting for 69% of global USDT activity. These data reflect Tron's core position in the global payment and settlement network.

The Synergy Between Stablecoins and the Tron Ecosystem

Stablecoins, as the cornerstone of the blockchain ecosystem, provide a stable value medium for DeFi, NFTs, cross-border payments, and other scenarios. Through technological innovation and ecosystem expansion, Tron has maximized the potential of TRC20-USDT. Today, Tron has become the world's most active and largest stablecoin network, with the latest daily average USDT transfer amount reaching 80 billion US dollars.

In the DeFi space, TRON's stablecoin ecosystem has driven the prosperity of decentralized finance. According to DefiLlama data, its DeFi Total Value Locked (TVL) exceeds $20 billion, consistently ranking among the top three public blockchains globally. Stablecoin liquidity pools such as USDD offer up to 20% annual percentage yield. In innovative fields like NFTs, the APENFT Marketplace and BitTorrent Chain (BTTC) cross-chain protocol have enhanced ecosystem liquidity, opening up new scenarios for stablecoin applications.

TRON has also actively expanded its global presence, collaborating with the government of Dominica to establish TRX, USDT (TRC-20), and six other tokens as legal digital tender, symbolizing the convergence of blockchain technology and sovereign finance. Furthermore, TRON, Tether, and TRM Labs have formed the T3 Financial Crimes Unit (T3 FCU) to monitor USDT transactions in real-time, significantly reducing illicit activities. By 2024, illicit transaction volume has decreased by approximately $6 billion, further enhancing user trust.

Stablecoins Reshaping the Financial Landscape Building a Web3 Financial Hub

Authorities unanimously acknowledge TRON's leading position in the stablecoin field. Blockchain analytics firm Token Terminal noted in its Q1 2025 report that the rapid growth of TRC20-USDT reflects the "trend of stablecoins migrating to high-throughput public chains," with TRON leveraging its low costs and high throughput to become Tether's core blockchain platform. Messari, in its 2025 "Crypto Theses" report, predicts that due to its high scalability and widespread adoption of on-chain DApps, TRON's USDT network has become the "world's most critical crypto payment infrastructure." CryptoQuant analysis shows that TRON's daily active addresses are growing rapidly, with strong user engagement and cost advantages making it the preferred network for global stablecoin transfers.

TRON's breakthrough is reshaping the global financial landscape. In Africa, TRC20-USDT is widely used in P2P transactions due to its low cost and fast confirmations, helping users mitigate currency volatility and stabilize personal wealth; in Latin America, USDT has become the preferred tool for remittances and daily transactions, significantly enhancing financial inclusion; in Southeast Asia, TRON's stablecoin network empowers SME supply chain finance, dramatically reducing transaction costs. These cases highlight TRON's profound impact in emerging markets. Additionally, TRON's stUSDT product offers low-risk sovereign bond investments through DeFi protocols, praised as the "Alipay of the blockchain space," providing users with stable returns.

As a leading global public chain, TRON's USDT circulation has surpassed 70 billion US dollars, representing a perfect combination of technological innovation and user trust. From efficient on-chain payments to diverse DeFi applications, TRON leads the blockchain industry's globalization to new heights with its stablecoin focus. As founder Justin Sun put it, "70 billion US dollars is just the beginning; TRON will write a new chapter of financial freedom and decentralized future."