- USDT supply on TRON has surpassed $80 billion, representing more than 50% of all circulating USDT.
- TRX is currently trading around $0.27, with a short-term upside potential toward $0.44 amid bullish momentum.
- Potential catalysts for TRON’s price include ETFs, strategic partnerships, and continued network growth.
TRON (TRX) saw its price dip on the day, but the blockchain grabbed headlines after Tether’s USDT supply on the network exceeded $80 billion. The native TRON token traded near $0.27 on Friday, June 27, according to CoinMarketCap, showing a decline of less than 1%. Intraday highs reached roughly $0.29, and TRON continues to rank among the top 10 cryptocurrencies by market capitalization.
So what does this USDT milestone mean for TRON’s price and the network’s broader role in the market?
USDT Supply on TRON Tops $80 Billion
As the crypto market focuses on adoption and stablecoin growth, on-chain analytics firm Glassnode shared data revealing a sharp rise in Tether (USDT) issuance on the TRON network. As of mid-2025, Tether’s dollar-pegged tokens on TRON have exceeded $80 billion in supply.
$USDT supply on #TRON has surpassed $80B, now representing over 50% of all circulating #USDT. This solidifies TRON’s position as the dominant stablecoin settlement layer.
Track stablecoin flows with Glassnode: https://t.co/Lk7vkD8US6 pic.twitter.com/S6dfTYFhgz— glassnode (@glassnode) June 27, 2025
This marks a substantial leap compared with prior years: USDT supply on TRON grew steadily from modest levels in 2020 to more than $60 billion by 2024, then accelerated sharply in 2025. Glassnode’s charts show a steep upward trajectory that highlights TRON’s growing role in facilitating stablecoin transactions.
Total circulating USDT stands at about $157.4 billion, which means more than half of all USDT is now issued on TRON. That dominance cements TRON as a preferred settlement layer for stablecoins, outpacing competitors such as Ethereum in this use case.
TRON’s efficiency and low transaction fees are likely drivers of this adoption, with institutional flows and cross-border remittance use cases contributing to demand. Transfer volume reached a record $684 billion in May 2025, while some 283 million transfers so far this year underscore the rapid increase in user activity.
TRON Price Outlook
TRX is trading near $0.27, with a 24-hour volume around $407 million, demonstrating relative resilience. Although the price recently pulled back from an intraday high near $0.29, bulls have maintained support above the key $0.20 level since early January.
The surge in USDT supply on TRON is a bullish signal because it increases network usage and attracts more participants into TRON’s ecosystem, including DeFi projects and payment applications.
Several potential catalysts could push TRX higher. The possible launch of TRON-based exchange-traded funds (ETFs) could attract institutional capital, mirroring trends seen with Bitcoin and Ethereum. Strategic partnerships—such as deeper integrations with major financial institutions or closer collaboration with Tether—could also have a meaningful impact.
There have also been reports that Tron is considering a public listing via a reverse merger. The proposed deal reportedly targets an IPO through a Nasdaq-listed company, SRM Entertainment, a move that could transform TRON’s corporate structure toward a financial services orientation.
In the near term, TRX may test resistance around $0.30. A decisive break above $0.30 could enable bulls to target levels above the December 2024 highs near $0.44, which correspond to prior historical resistance. Over the longer term, proponents expect the TRON price to continue recovering toward $1, driven by ongoing adoption, increased on-chain activity, and potential institutional participation.