Stablecoins the market value of $ 270 billion, exceeding USDC USDT on ETAREUM star-news.press/wp

Main meals

Stablecoins record $ 271.1 billion, as USDC now led on Ethereum while USDT dominates TON. USD1, gains strength under the strict US bases.

At the time of writing this report, Stablecoins achieved $ 271.1 billion, and the race for domination becomes interesting.

While Tether (USDT) still leads 60 % of the market, the same story is no longer everywhere.

On ETHEREUM (ETH), Circle (USDC) has taken the initiative, while USDT destroyed transactions on TRX (TRX), by increasing retail deposits on large exchanges like Binance.

Stablecoins varies quickly, and the winners depend on where you are looking.

USDC takes the initiative

The latest Cryptoonchain report Show A clear transformation in the Stablecoin landscape from Ethereum.

Source: Cryptoquant

From 2018 to 2025, the total ERC20 stablecoin transfers reached 39.7 trillion dollars, and in early 2025, USDC is decisively forward.

On average for 7 days, USDC processes more than $ 20 billion in daily transportation, which exceeds the USDT range from 12 to 15 billion dollars.

USDC’s dominance comes from Defi integration, organizing reserves of the United States, and focus on ETHEREUM, while USDT activity has largely moved to Tron and BSC.

Source: Cryptoquant

Meanwhile, Dai occupies the third position with nearly 26 % of the total transfers.

Tron becomes the power of Usdt

While Usdc dominates ethereum, Usdt finds its steps on Tron.

according to Coding Arabic series data, Usdt-TRC20 deposits have increased to exchanges beyond a million transactions in just seven days-the highest level in months.

Source: Cryptoquant

Most of this height comes from Binance, with Bybit and HTX also plays major roles. The height proves heavy retail sharing, as indicators track transactions instead of the total value.

With the acceleration of deposits daily, it quickly builds momentum.

Currently, Tron is clearly the strongest USDT network.

The new expatriate USD1 earns the land under the rules of the United States

After Usdt activity, the record on TON, the network Also welcomed New competition.

Source: Cryptoquant

On August 6, 23 million dollars from Stablecoin were issued at a value of $ 23 million-the first mint since it entered the genius law in mid-July.

Source: Cryptoquant

Although USD1 is still small compared to USDT and USDC, its maximum market and transactions have increased steadily.

Through its fully organized structure, USD1 can publish a place in the market, especially for those looking for an alternative.