PANews reported on Could 29 that Artemis, Dragonfly and Fortress Island Ventures collectively launched a report stating that in the stablecoin payment market, Tether (USDT) accounts for 90% of the transaction volume, and Tron is the most well-liked settlement community, accounting for about 60%. The annualized payment information in February 2025 reached 72.3 billion US {dollars}. Though Circle USDC has eroded market share in issuance, it’s far inferior to USDT in payment situations. The latter is broadly considered an alternative to the US greenback, particularly in rising markets reminiscent of Argentina and Brazil. As a result of Tron’s low value and excessive velocity benefits, it has change into the most well-liked chain for transactions.
From January 2023 to February 2025, the whole quantity of stablecoin funds reached US$94.2 billion, and the month-to-month payment scale elevated from lower than US$2 billion to greater than US$6.3 billion, a rise of 215%. Amongst them, Tether accounts for about 80% of the transaction volume, Tron chain is the first selection, adopted by Ethereum, BSC and Polygon. It’s value noting that Tether/Tron just isn’t solely in style in rising markets, but additionally broadly adopted by developed nations. The present month-to-month payment scale of B2B stablecoins is about US$3 billion, which continues to be in its early phases in comparison with Visa’s forecast of a standard B2B market of US$145 trillion.