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Tether’s market cap has just soared past an astounding $150.66 billion, solidifying its supremacy over its competitors by a remarkable margin. Despite Ethereum offering the deepest liquidity pools and critical integrations with real-world assets, nearly half of USDT tokens are now hosted on Tron. Low fees and simple account creation have contributed to Tron’s dominant position in emerging-market corridors. But as Tether's growth trajectory continues, what could possibly be the risk factors that traders and exchanges need to consider? Discover the industry’s hidden secrets...
Tron strengthens grip on USDT, claiming nearly half of its $150B supply Tron strengthens grip on USDT, claiming nearly half of its $150B supply
Tether’s market cap has crossed the $150 billion mark, with nearly half of the stablecoin's total supply living on Tron.
4 min read
Updated: May. 14, 2025 at 1:15 am UTC
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In this article
Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.
USDC
$0.99957
USDC is a fully reserved stablecoin pegged 1:1 to the US dollar, issued by Circle Internet Financial Ltd.
Dai
$0.99975
Dai (DAI) is a cryptocurrency token and operates on the Ethereum platform.
Ethereum
$2,464.39
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Solana
$142.208
Solana is a high-performance blockchain platform that utilizes a unique consensus algorithm called “Proof of History” to achieve fast transaction speeds and low fees.
Avalanche
$18.6684
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.
BlackRock
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
Tether Limited
Tether Limited is the company that introduced Tether (USDâ‚® or USDT), an asset-backed cryptocurrency stablecoin, in 2014.
Ethena Labs
Ethena Labs is a decentralized protocol built on Ethereum, offering a synthetic dollar (USDe) that functions independently of traditional banking infrastructure.
Binance
Binance is a global leader in the blockchain ecosystem and cryptocurrency infrastructure, offering a comprehensive suite of services, including the world’s largest digital asset exchange by trading volume.
OKX
OKX is a world-leading digital asset exchange, providing advanced financial services to global traders by using blockchain technology.
HTX
Huobi, a virtual asset exchange, launched a revised branding strategy on September 13, 2023, where “Huobi” will be rebranded as “HTX.” “H” stands for Huobi, “T” represents TRON with a commitment to being all in TRON, and “X” stands for the exchange.
