USDT supply on Tron hits $94.27B after $4B gain, overtaking Ethereum as Tron vs Ethereum stablecoin dominance shifts.

According to @glassnode, on a 90-day SMA basis, stablecoins now dominate on-chain value transfer with USDC at roughly $124B and USDT at roughly $68B (source: @glassnode). According to @glassnode, major native assets show comparatively lower transfer value with BTC at roughly $81B, ETH at roughly $7.9B, SOL at roughly $9.6B, XRP at roughly $2.2B, and BNB at roughly $1.6B (source: @glassnode). According to @glassnode, stablecoins have become the primary liquidity rails while native asset transfers remain subdued, highlighting where on-chain liquidity currently concentrates (source: @glassnode).

According to @caprioleio, Tether is the world's largest gold holder outside central banks and holds more gold than Bitcoin, underscoring its growing dominance across crypto and commodities. Source: @caprioleio on X, Nov 27, 2025. For trading, monitor USDT liquidity shifts, BTC volatility, and BTC–XAU correlation for any reaction to this claim. Source: @caprioleio on X, Nov 27, 2025. The post highlights potential cross-asset flow effects whereby Tether’s gold exposure could influence crypto market risk appetite and stablecoin dominance. Source: @caprioleio on X, Nov 27, 2025.

According to @cas_abbe, a $500 million USDC mint was just observed, highlighting a notable injection of dollar-pegged liquidity that traders can track for near-term market impact, source: @cas_abbe. Traders can monitor USDC inflows to centralized exchanges, BTC and ETH spot volumes, and stablecoin dominance to assess whether newly minted USDC rotates into risk assets, source: @cas_abbe. If USDC exchange inflows and BTC, ETH spot volumes rise while spreads tighten, it can indicate risk-on positioning; if USDC liquidity pools expand on-chain without exchange inflows, it suggests sidelined capital remains in stablecoins, source: @cas_abbe.