- Tron surpasses Ethereum in daily USDT transfers, driven by Asia and low fees
- JustLend sees rising usage with $186M jUSDT market cap and 4.04% borrower yields
- Whale and retail activity fuels TRX demand, pushing it into crypto’s top ten ranks
Tron has quietly surged to the front of the stablecoin transaction race, overtaking Ethereum in daily USDT transfers and solidifying its position in global decentralized finance. By June 30, 2025, DeFi_JUST data showed jUSDT’s market cap on Tron reached $186.6 million, while total borrowing stood at $120.8 million.
Lending and borrowing on the Tron-based JustLend platform have seen renewed investor interest, with borrowers earning about 4.04% annually and lenders receiving 2.49%. These metrics, along with strong on-chain activity, point to a clear shift in user and institutional behavior toward Tron’s low-cost infrastructure.
.@DeFi_JUST data shows strong growth in jUSDT transfer volume and market cap on @trondao.
— Satoshi Club (@esatoshiclub) July 2, 2025
By June 30, 2025, market cap reached $186.6 million and total borrow was $120.8 million.
Borrowers earn about 4% and lenders earn about 2.5% in yearly returns. pic.twitter.com/yR1VzHX6l2
Tron’s USDT Dominance Driven by Asia and Institutional Support
CryptoQuant’s report revealed that, on June 29, USDT transfers on Tron reached nearly $6.95 billion. That figure was more than five times Ethereum’s $1.31 billion, marking a significant milestone in blockchain activity. This isn’t a new trend it has remained consistent since 2021.
One of the key forces behind this growth is Asia’s strong demand for efficient stablecoin transactions. Tron offers fast settlement times and lower fees, attracting both retail and institutional participants in the region.
Additionally, large institutional moves have added credibility to the network. SRM Entertainment, known for producing toys for major entertainment brands, launched a $100 million investment strategy centered on Tron.
The company also staked over 365 million TRX on JustLend, aiming for annual yields as high as 10%. This action signals deeper institutional confidence in Tron’s DeFi landscape and highlights the growing appeal of yield optimization through stable assets.
Daily Usage and Whale Activity Power Network Growth
Despite the large transaction volume, CryptoQuant data shows most of Tron’s USDT activity comes from smaller transactions under $1,000. More than one million of these transactions occur daily.
This shows how accessible Tron has become for everyday users. At the same time, high-volume trades above $100,000 still account for the majority of the value moved, pointing to sustained interest from large players.
These dual dynamics heavy retail usage and institutional whale activity make Tron a versatile platform. As a result, demand for TRX has grown, lifting its market cap past Dogecoin and securing its place among the top ten cryptocurrencies.
