USDT Dominance: Ethereum Overtakes Tron as the Leading Blockchain

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Ethereum’s DeFi ecosystem gets a liquidity boost as Tether mints $20 billion in USDT, showcasing the network’s rising dominance over Tron.

Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance.

Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency.

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