Tether Supply on Tron Reaches $80.8 Billion…Up $21 Billion This Year

Source
JOON HYOUNG LEE

Summary

  • The Tether supply on the Tron network reached an all-time high of $80.8 billion.
  • It was reported that the Tether supply within Tron increased by $21 billion in the first half of this year.
  • The Tron network's number of wallets and transaction volume also reached all-time highs or the second-highest records.
Tether (USDT) supply trends on the Tron (TRX) and Ethereum (ETH) networks. Photo provided by CryptoQuant
Tether (USDT) supply trends on the Tron (TRX) and Ethereum (ETH) networks. Photo provided by CryptoQuant

The Tether (USDT) supply on the Tron (TRX) network has surpassed $80.8 billion (approximately ₩111 trillion 700 billion).

According to CryptoQuant on the 30th (local time), as of the end of June this year, the total Tether supply on the Tron network hit $80.8 billion, setting a new all-time high. This is $7 billion more than the Tether supply on the Ethereum (ETH) network ($73.8 billion). In just the first half of this year, the Tether supply on the Tron network increased by $21 billion.

As of the end of June, the number of wallets on the Tron network was tallied at about 28.7 million, the highest since 2023. In May alone, the Tron network processed 273 million transactions, marking the second-highest monthly transaction volume in its history.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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