USDT Supply Surges on Ethereum, Surpassing Tron with 607.2 Billion Tokens

According to recent data from DeFiLlama, the total supply of USDT on the Ethereum network has outpaced that on the Tron network as of December 4th. Ethereum’s supply has reached an impressive 607.2 billion USDT, marking a substantial 29% increase over the past month. In contrast, the supply on the Tron network remains at 595.9 billion USDT, exhibiting minimal fluctuations during the same period. This shift highlights Ethereum’s growing dominance in the stablecoin market, reflecting broader trends and investor confidence within the decentralized finance (DeFi) ecosystem. As USDT remains a crucial asset for liquidity and trading, these figures could have significant implications for both the crypto market and the overall adoption of blockchain technologies.