{"id":3866,"date":"2025-06-24T14:35:02","date_gmt":"2025-06-24T14:35:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/usdt-supply-hits-156-1b-all-time-high-90-on-tron-and-ethereum\/"},"modified":"2025-06-24T14:35:13","modified_gmt":"2025-06-24T14:35:13","slug":"usdt-supply-hits-156-1b-all-time-high-90-on-tron-and-ethereum","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/usdt-supply-hits-156-1b-all-time-high-90-on-tron-and-ethereum\/","title":{"rendered":"USDT supply hits $156.1b all-time high, 90% on Tron and Ethereum"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Tether\u2019s USDT reached an all-time high in supply at $156.1 billion, with most of the stablecoin circulating on Tron and Ethereum.<\/p>\n<p>Despite renewed hype around Circle, Tether continues to dominate the stablecoin market. On Tuesday, June 24, USDT\u2019s outstanding supply hit an all-time high of <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tokenterminal.com\/explorer\/projects\/tether\/usdt?interval=max\" target=\"_blank\">$156.1 billion<\/a>. Notably, 90% of that supply is concentrated on just two networks: Ethereum and Tron.<\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14391417\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">USDT outstanding supply | Source: Token terminal<\/figcaption><\/figure>\n<p>Over half of USDT stablecoins, or 50.47%, are now on Tron (TRX), while almost 40% are on Ethereum (ETH). Less than 10% of USDT supply is distributed across other blockchains, including BNB Chain, Solana, Cosmos, Avalanche, and others.<\/p>\n<p>Circle\u2019s USDC has gained more traction on many of these smaller chains. For instance, Solana hosts nearly $7.5 billion worth of USDC compared to just $2.3 billion of USDT. Still, despite USDC\u2019s growing popularity, USDT\u2019s dominance has remained largely stable.<\/p>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14391425\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"967\" height=\"288\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/06\/1750775702_804_USDT-supply-hits-1561b-all-time-high-90-on-Tron-and.png\" alt=\"Stablecoin dominance, with USDT and USDC in the lead\">\n<\/picture><figcaption class=\"wp-element-caption\">Stablecoin dominance, with USDT and USDC in the lead | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoins\" target=\"_blank\">DefiLlama<\/a><\/figcaption><\/figure>\n<p>Currently, USDT accounts for 62.10% of stablecoin supply across all chains, while USDC holds around 24%. However, USDT saw a dip in dominance near the end of 2024, coinciding with the implementation of the European Union\u2019s MiCA stablecoin regulations.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What\u2019s the future for USDT? <\/h2>\n<p>Instead of trying to comply with MiCA regulation, Tether chose to withdraw from the market completely. It had discontinued its EURT stablecoin, as well as faced delisting on several major exchanges. Still, Tether\u2019s leadership would not relent, declining to enact full reserve transparency. <\/p>\n<p>Still, the passage of the U.S. GENIUS Act could pose new problems for Tether, where it controls a dominant market share. However, experts are not convinced that the GENIUS Act would force the Tether out of the U.S. market. <\/p>\n<p>For now, Tether\u2019s strategic focus remains on Asia, where it continues to be a preferred option for crypto payments\u2014particularly on the Tron network.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tether\u2019s USDT reached an all-time high in supply at $156.1 billion, with most of the stablecoin circulating on Tron and Ethereum. Despite renewed hype around Circle, Tether continues to dominate&hellip;<\/p>\n","protected":false},"author":1,"featured_media":862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3866"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3866\/revisions"}],"predecessor-version":[{"id":3867,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3866\/revisions\/3867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/862"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}