In a significant development for the crypto market, TRON has surpassed Ethereum in the average supply of USDT during Q3 2026. According to Token Terminal’s latest quarterly report, TRON’s stablecoin balances and monthly active addresses reached all-time highs, signaling increased adoption and usage.
The report, released on November 2 and highlighted by TRON DAO, details that the total stablecoin supply hit an impressive $92.25 billion. This milestone marks a shift in the stablecoin landscape, with TRON emerging as a dominant network for USDT transactions over Ethereum.
Market Implications
- TRON’s growing stablecoin ecosystem points to scalability and user preference.
- Ethereum remains a key player but faces competition in stablecoin issuance.