In a significant development within the cryptocurrency landscape, Tether’s USDT supply on the TRON blockchain has surpassed $80 billion, representing over 50% of all circulating USDT. This surge highlights TRON’s increasing dominance as a preferred platform for stablecoin transactions, even as the price of its native token, TRX, reflects current market volatility.
Surging USDT Supply on TRON
As the cryptocurrency market witnesses heightened interest in stablecoins, analytics firm Glassnode has reported a remarkable increase in the supply of Tether (USDT) on the TRON network. The USDT supply recently exceeded the $80 billion mark, underscoring TRON’s role as a leading stablecoin settlement layer.
$USDT supply on #TRON has surpassed $80B, now representing over 50% of all circulating #USDT. This solidifies TRON’s position as the dominant stablecoin settlement layer.
Track stablecoin flows with Glassnode: https://t.co/Lk7vkD8US6 pic.twitter.com/S6dfTYFhgz— glassnode (@glassnode) June 27, 2025
This significant increase, from negligible amounts in 2020 to over $60 billion in 2024, showcases a pronounced upward trajectory reflected in the data provided by Glassnode. Currently, of the total USDT supply of approximately $157.4 billion, TRON accounts for a substantial portion, solidifying its position against competitors like Ethereum.
Factors such as the network’s efficiency and low transaction costs are likely driving this adoption, further bolstered by institutional use cases and remittances. A record transfer volume of $684 billion was recorded in May 2025, reflecting explosive adoption among users.
TRON Price Forecast
At present, TRX is trading at around $0.27, with a 24-hour trading volume of $407 million. Despite a recent dip from a peak of $0.29, TRX has shown resilience, remaining above a crucial support level of $0.20 since early January.
The increasing supply of USDT serves as a bullish indicator, fostering user engagement within TRON’s ecosystem across DeFi and payment applications. Analysts suggest several catalysts could propel TRX’s price higher.
The anticipated launch of TRON-based Exchange-Traded Funds (ETFs) could invite institutional investments, mirroring trends seen with Bitcoin and Ethereum. Furthermore, strategic partnerships, including collaborations with major financial institutions or deeper integrations with Tether, could significantly impact TRX’s value.
Recent reports indicate TRON is considering a reverse merger for an IPO with SRM Entertainment, which could transform it into a cash-rich entity. In the short term, TRX may test resistance around $0.30, with a breakout above this barrier potentially targeting historic highs exceeding $0.44, achieved in December 2024. Long-term projections suggest TRON could strive for a price rally towards $1.