Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.
Ethereum has overtaken Tron as the biggest blockchain for the Tether stablecoin after a 10% increase in the supply of USDT on Ethereum over the last week.
There is now $60.3 billion worth of the United States dollar-backed stablecoin Tether (USDT) on Ethereum compared to Tron’s $58.1 billion, DefiLlama data shows.
USDT supply on Tron has fallen 1.5% over the last week, while Ethereum has increased 9.3%, helping it oust Tron for the first time since August 2022.
