- The USDT supply crossed $70 billion, reflecting leadership in stablecoin ecosystem development.
- More than 302 million TRON accounts and 10 billion transactions indicate strong network activity.
- The USDT minting by TRX strengthens liquidity, with trading volume and market depth growing largely.
TRON DAO announced on Wednesday that the circulating supply of Tether (USDT) on its blockchain has exceeded $70 billion. The milestone is a testament to TRON’s leadership in stablecoin settlements as it cements its role as a leading platform for scalable, low-cost digital payments globally.
The surge in USDT on TRON indicates growing institutional and retail appetite for stable, low-cost trades, particularly in areas plagued by unsteady local currencies and a shortage of conventional financial services. TRON’s efficiency is repeatedly drawing users looking for reliable alternatives to outdated systems in an expanding world digital economy.
TRON Hits 302 Million Accounts, 10 Billion Transactions
According to Lookonchain, Tether has minted $11 billion USDT on the TRON network as of January 29, making its cumulative total over $70 billion. By April 2025, TRX has over 302 million accounts, 10 billion in total transactions, and $20 billion worth of total value locked (TVL).
The network sees an average of $19 billion worth of daily USDT transfers—testament to its efficiency and reliability in processing institutional-level sized trades. Volumes spiked, with Binance seeing $1.2 billion worth of 24-hour volume on its USDT/TRX pair—an increase from last week’s $800 million average. The spike in activity indicates increased confidence and demand for TRX’s liquidity and stability.
Decentralized exchanges echoed this momentum. JustSwap’s USDT/TRX pool saw a 15% rise in TVL—from $500 million to $575 million—between April 23 and April 24. This expansion underscores how higher USDT supply enhances market depth, providing smoother trading experiences. The increase also helped stabilize TRX, which held steady at $0.075 during a volatile week.
Struggles Below $0.25 Amid Bullish Sentiment
Trade volume on the TRON market returning to normal levels is observed by the current $0.2431 price, which was accompanied by a “bullish” reaction. The price action of the coin is currently above the moving average plaques, confirming the possibility of a “golden cross” as the 50-day SMA is about to cut the 200 day SMA. Technical indicators such as higher lows, a tightening range, and a positive Bull-Bear Power reading indicate brewing momentum for a breakout above $0.25.
Price behavior indicates bullish strength, marked by higher lows and tight ranges between $0.2370 and $0.2500. The current buying interest is evidenced by the positive Bull-Bear Power as it hits 0.0021. An upside move from the $0.25 breakout level can drive TRX towards $0.26, where the high of April is, while the downside support level will be $0.2370 and $0.2271 if the market fades.
Read More: TRON on fire: TRX price eyes $0.255 after USDT mint and ETF filing