network is leading in terms of USDT volume when compared to other networks. Notably, the USDT volume on the Tron network is experiencing a significant surge, and the Total Value Locked has reached a historic high.The statistics indicate a notable 34.31 million holders on the Tron network, surpassing other networks by more than tenfold. In comparison, Ethereum and Polygon, the closest competitors, had 4.89 million and 3.08 million holders, respectively.
However, retail users and non-Circle customers were encouraged to migrate their Tron-based USDC to an exchange, enabling the transfer to a blockchain network where USDC is still supported. This decision was attributed to Circle’s risk management framework.showed significant growth in recent months. At the time of this writing, the stablecoin market cap for the Tron network was almost $53 billion.