USDT: TRON Ethereum Hold 97% of Supply
USDT supply hits $184B as TRON and Ethereum each hold $90B, controlling 97% of the stablecoin market.
SourceAnalysis
TRON and Ethereum each hold roughly $90B in USDT, locking up 97% of the stablecoin's total supply at $184B while USDT commands 60% of the entire stablecoin market. Justin Sun highlighted the data from Nexus Data Labs showing the two chains' continued dominance in USDT distribution. This concentration underscores persistent network effects driving stablecoin flows toward established blockchains over the past year.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor