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The 24-hour trading volume of Tether reached $53 billion on the TRON network, surpassing payment giant Visa’s average daily trading volume of $42 billion for Q1, 2024.
“The 24-hour trading volume of $USDT on #TronNetwork is $53B, exceeding Visa’s average daily trading volume. Visa’s trading volume in Q1 2024 was $3.78T and the average daily trading volume was $42B.”from TronScan, which also revealed a total transfer count exceeding 1.8 billion during the same period. Interestingly, the top ten holders of USDT on TRON possess 27.69% of the total supply on the network, holding 16.56 billion USDT.
Meanwhile, the USDT transaction volume on the TRON network has been steadily rising since January 2023. Averaging around two million transactions almost daily since February, this uptrend has continued into 2024 as well.
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