Ethereum reclaims USDT dominance against Tron after 2 years

Ethereum has overtaken Tron as the biggest blockchain for the Tether stablecoin after a 10% increase in the supply of USDT on Ethereum over the last week.

There is now $60.3 billion worth of the United States dollar-backed stablecoin USDT on Ethereum compared to Tron’s $58.1 billion, DefiLlama data shows.