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.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

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...