USDT Dominance on Tron: Whale Activity and Record Transfers Signal Market Shift

In May 2025, Tron''s blockchain solidified its position as a leader in the stablecoin market, with unprecedented whale activity and record-breaking USDT transaction volumes. The network processed a staggering $694 billion in USDT transfers across 90 million contract interactions, surpassing Ethereum''s USDT supply and even outpacing Circle''s USDC market capitalization. Notably, whale transactions exceeding $1 million accounted for $455 billion of this total, highlighting the growing dominance of large-scale investors on the Tron network. This surge in activity underscores Tron''s rising influence in the cryptocurrency space, particularly in the stablecoin sector, and suggests a potential shift in market dynamics favoring Tron''s blockchain for high-volume transactions. The data reflects increasing institutional and whale confidence in Tron''s infrastructure for stablecoin transfers, positioning USDT on Tron as a formidable force in the digital asset ecosystem.

Tron Whale Activity Surges as USDT Transfers Hit Record Highs

Tron''s blockchain has emerged as a dominant force in the stablecoin market, with on-chain data revealing unprecedented whale activity and USDT transaction volumes. In May 2025, the network processed $694 billion in USDT transfers across 90 million contract interactions—surpassing Ethereum''s USDT supply and outpacing Circle''s USDC market capitalization.

Whale transactions exceeding $1 million accounted for $455 billion, representing 65% of Tron''s total USDT volume. The platform''s low fees and rapid settlement times are attracting institutional capital, with $691 million in mid-sized transfers ($100+) further underscoring its growing utility for high-value transactions.

TRX Price Prediction: Will Tron Hit $1 as Network Activity Soars?

Tron''s network activity is surging, with Total Value Locked (TVL) crossing $5 billion and 4.5 million returning addresses recorded on June 6. The recent launch of USD1 stablecoin by World Liberty Financial Inc. (WLFI) has further spotlighted TRX, despite a short-term dip triggered by Bitcoin''s pullback amid macroeconomic concerns.

USDT adoption continues to dominate Tron''s ecosystem, while traditional finance players like Bank of America accelerate stablecoin development. TRX''s Sharpe Ratio suggests underlying strength, though near-term volatility persists. Long-term prospects remain bullish as institutional crypto adoption grows.

Walmart and Amazon Explore Dollar-Pegged Stablecoins to Streamline Payments

Retail giants Walmart and Amazon are reportedly considering the launch of their own dollar-pegged stablecoins, according to a June 13 WSJ report. The move aims to reduce payment processing costs, enhance efficiency, and lessen dependence on traditional banking infrastructure.

By issuing proprietary stablecoins, both companies could migrate vast daily transaction volumes onto blockchain networks, optimizing payment flows. Sources indicate other major firms, including Expedia Group and U.S. airlines, are evaluating similar initiatives.

Amazon recently joined Microsoft and Meta in declining to hold Bitcoin on its balance sheet, signaling a preference for stablecoins as a pragmatic entry point into crypto integration. Tether''s USDT and Circle''s USDC have already demonstrated the viability of stablecoins in global payments, with USDT''s circulation exceeding $155 billion.

The trend extends beyond retail: ride-hailing platform Uber has also expressed interest in stablecoin adoption, underscoring growing institutional recognition of blockchain-based payment solutions.