TRON surpasses Ethereum in average Q3 USDT supply
CIE News ·
Based on reporting by crypto.news; not yet independently confirmed.
TRON overtook Ethereum in circulating Tether balances during Q3 2026, averaging $90.75 billion in USDT supply as Ethereum declined to $87.73 billion, crypto.news reported.
TRON surpassed Ethereum in circulating Tether (USDT) balances during the third quarter of 2026, according to a Token Terminal report cited by crypto.news on November 2. TRON averaged $90.75 billion in USDT supply during the quarter, reflecting a 4.11% quarterly increase, while Ethereum's USDT balance dropped 7.59% to average $87.73 billion.
The lead changed hands in July, with TRON holding the position consistently from July 23 onward. By September 30, TRON's USDT supply reached $92.35 billion compared to $86.69 billion on Ethereum, leaving a quarter-end spread of $5.66 billion between the two networks.
Across the quarter, TRON averaged 76.53 million stablecoin holder addresses and logged $2.18 trillion in transfer volume across 1.08 billion transactions, crypto.news reported. Network revenue fell 3.10% from the previous quarter to $693.21 million as average transfer fees fell to $0.64.
Key facts
- $90.75B Q3 avg USDT on TRON
- $87.73B Q3 avg USDT on Ethereum
- $5.66B spread at end of Q3
- $2.18T Q3 transfers on TRON
Read the original at crypto.news