Tether USDT Supply Hits $150 Billion; Tron Surpasses Ethereum with $73.7B, Stablecoin Volume at $1.82T

Tether's USDT stablecoin supply has reached a new all-time high, surpassing $150 billion in total market capitalization. The Tron blockchain now hosts $73.7 billion of USDT supply, overtaking Ethereum's $71.6 billion for the first time. This represents an 11% increase in stablecoin supply on Tron over the past month, with $7.5 billion added in 30 days. Stablecoin transaction volumes are also rising sharply, with total transaction volume hitting $1.82 trillion globally. Additionally, stablecoin activity on the Base network surged to record levels in Q1 2025, recording $3.81 trillion in transfers and 915,200 monthly active users.

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