The TRON blockchain has experienced significant growth in USDT transfers, reaching a new all-time high of $587.2 billion in November 2024. This is a significant increase compared to previous months and years. The number of USDT receivers on TRON also reached a peak in October. This growth is attributed to TRON's advantages, such as low transaction fees and fast processing times. The success of TRON has also positively impacted its native TRX token, which has seen a surge of over 160% in the past year. Ethereum has also gained ground in the USDT market, surpassing TRON as the leading platform for USDT supply. Meanwhile, Circle and Binance have partnered to expand the adoption of USDC, USDT's closest competitor.
- Content Editor ( cryptopotato.com )
- 2024-12-17
USDT Transfer Volume on TRON Reaches All-Time High of $587.2B