Binance Commands $3B Daily USDT Flow on Tron – Crushing Global Transfer Competition
Binance isn't just playing the crypto game—it's rewriting the rulebook. The exchange now moves a staggering $3 billion worth of USDT daily through Tron's network, leaving traditional finance rails choking on its dust.
TRON's low-fee highway proves irresistible as Binance dominates cross-border flows. Forget SWIFT delays—this is digital liquidity at warp speed.
Meanwhile, legacy banks still charge $50 to wire funds that arrive Wednesday-next-week. The irony? That $3B daily volume could buy three failed regional banks—with change left for a yacht.
Binance: Key Driver of Tron-Based USDT Activity
According to the latest data shared by CryptoQuant, on average, Binance moves $1 billion more USDT on TRON each day than its competitors. This highlights its role as a central liquidity provider for global traders, institutions, and market makers.
The tron network has become the preferred blockchain for large-scale stablecoin transactions due to its low fees and fast settlement times. This efficiency makes it especially attractive for high-frequency traders and institutions moving large volumes of USDT, particularly on Binance. As a result, Tron now serves as a critical backbone for USDT flows.
Meanwhile, Binance’s dominance in this space has broader implications for the market. Its stablecoin activity often is indicative of a shifting sentiment, as large USDT transfers point to potential capital rotation into altcoins, derivatives, or Bitcoin. This concentration of liquidity also presents both risk and opportunity, as per the crypto analytic platform.
Whales Power Tron’s USDT Boom
As for Tron, the network recently set a new record for USDT stablecoin transfers, which reached $691 billion in volume. The peak occurred in May, with a slight dip in June. Data also revealed that just 27 whale wallets were responsible for over $411 billion of May’s total, and were executed through only 491 transactions. This highlighted the outsized influence of large investors in driving on-chain liquidity.
Tron network now dominates the circulating supply and usage of USDT, far surpassing ethereum and other networks. More than 10.5 billion transactions have taken place on Tron to date following a steady growth trajectory since 2018.