Justin Sun Celebrates TRON Topping $70 Billion in USDT

Key Takeaways

• USDT circulation on TRON has topped $70 billion.
• The network now hosts over 302 million user accounts and processes $19 billion in daily transfers.
• Tether plans to mint an additional $10 billion USDT on TRON in 2025.

TRON has quietly become one of the most transacted blockchains in the world, not because of non-fungible tokens (NFTs) or memecoins, but through its growing dominance in stablecoin transfers.

Now, with fresh traction in digital payments, surging transaction volumes, and renewed ETF chatter, TRON is stepping out of the background and into a more central role in crypto infrastructure.

TRON Crosses $70B in USDT

On Thursday, TRON DAO announced that USDT circulation on its network surpassed $70 billion, marking a significant milestone for a blockchain that’s become a critical settlement layer for stablecoins, particularly in regions underserved by traditional finance.

According to TRON’s latest data, the network now supports over 302 million user accounts and moves $19 billion in daily USDT transfers.

The surge comes amid a broader uptick in stablecoin demand and increasing pressure on high-fee legacy chains like Ethereum (ETH).

TRON’s total value locked (TVL) now sits at around $20 billion. The native TRX token is trading just under $0.25, with recent volume spikes fueling speculation of a breakout.

Founder Justin Sun called the $70 billion milestone a sign of “user trust and community responsibility,” adding that “it’s only the beginning.”

TRON Leads Transak’s USDT Volumes

Among other successes for the TRON ecosystem, TRON has emerged as the top blockchain for USDT activity on Transak, accounting for 46% of all transactions on the platform in Q1 2025, according to newly released data .

The report highlights TRON’s growing dominance in the stablecoin space, outpacing Ethereum (37%), BNB Chain (10%), Polygon (6%), and Solana (1%) in USDT transaction share.

As demand surges, Tether has announced plans to issue an additional $10 billion USDT on TRON this year.

ETF Rumors Surface

Last week, TRON founder Justin Sun expressed enthusiasm over a potential TRX-based ETF appearing on the SEC’s website.

In a tweet, Sun said, “Finally something that makes sense on the SEC website — TRX ETF,“ framing it as a milestone toward regulatory recognition.

Earlier this month, Sun also pointed to HTX’s strong quarterly performance, noting its place among the top ten global exchanges by volume.