Tether and Tron Lead Stablecoin Market in Extensive Payment Growth – Coincu

With 90% of the stablecoin payment transactions attributed to Tether (USDT), it continues to dominate the market as of May 29, 2025. According to a report by Artemis, Dragonfly, and Castle Island Ventures, Tron has emerged as the primary blockchain for settlements.

Tether and Tron’s collaboration in the stablecoin industry underscores significant implications for digital finance, as emerging markets such as Argentina and Brazil increasingly adopt these systems. This pattern reflects growing demand for efficient, low-cost digital transaction methods.

Tether and Tron: Driving Forces in Global Stablecoin Transactions

Tether leads the stablecoin payment market, with annualized transactions reaching $72.3 billion in February 2025. Tron accounts for 60% of these transactions, providing a fast, cost-effective platform. Despite USDC’s growth in issuance, it trails significantly behind in applicable payments.

Market preferences tilt toward Tron due to its operational efficiency, resulting in Tether’s market expansion across various countries, including developed regions. Tron’s low transaction cost has solidified its position as the preferable payment settlement network.

“Tron has emerged as the preferred settlement network for these transactions, accounting for approximately 60% of all stablecoin settlements.” — Michael Johnson, Blockchain Developer, Dragonfly

Community responses emphasize the role Tether plays as a digital dollar equivalent, increasingly adopted worldwide. Michael Sonnenshein, CEO of Grayscale Investments, remarked, “The crypto market is effectively reshaping payment standards.”

Stablecoin Market Growth: Historical Insights and Future Outlook

Did you know? The stablecoin sector’s growth has amplified by 215% from January 2023 to February 2025, propelled by increased reliance on digital currencies in both emerging and established markets.

The current price of Tether (USDT) holds steady at $1.00, maintaining its status as a reliable substitute for fiat currency. Its market cap is $153.01 billion with a trading volume of $89.02 billion, as per recent data from CoinMarketCap. Price fluctuations remain minimal, consolidating its stability appeal.

Research insights from Coincu project continuous expansion in the stablecoin market owing to efficient blockchain usage. Regulatory frameworks could stabilize operations, enhancing adoption rates. Furthermore, the focus on reducing transaction costs may influence tech advancements.

Tron blockchain has emerged as the primary network for stablecoin settlements, solidifying its role in the global market.