USDT supply hits $156.1b all-time high, 90% on Tron and Ethereum

2025/06/24 22:27

Tether’s USDT reached an all-time high in supply at $156.1 billion, with most of the stablecoin circulating on Tron and Ethereum.

Despite renewed hype around Circle, Tether continues to dominate the stablecoin market. On Tuesday, June 24, USDT’s outstanding supply hit an all-time high of $156.1 billion. Notably, 90% of that supply is concentrated on just two networks: Ethereum and Tron.

USDT outstanding supply

Over half of USDT stablecoins, or 50.47%, are now on Tron (TRX), while almost 40% are on Ethereum (ETH). Less than 10% of USDT supply is distributed across other blockchains, including BNB Chain, Solana, Cosmos, Avalanche, and others.

Circle’s USDC has gained more traction on many of these smaller chains. For instance, Solana hosts nearly $7.5 billion worth of USDC compared to just $2.3 billion of USDT. Still, despite USDC’s growing popularity, USDT’s dominance has remained largely stable.

Stablecoin dominance, with USDT and USDC in the lead

Currently, USDT accounts for 62.10% of stablecoin supply across all chains, while USDC holds around 24%. However, USDT saw a dip in dominance near the end of 2024, coinciding with the implementation of the European Union’s MiCA stablecoin regulations.

What’s the future for USDT?

Instead of trying to comply with MiCA regulation, Tether chose to withdraw from the market completely. It had discontinued its EURT stablecoin, as well as faced delisting on several major exchanges. Still, Tether’s leadership would not relent, declining to enact full reserve transparency.

Still, the passage of the U.S. GENIUS Act could pose new problems for Tether, where it controls a dominant market share. However, experts are not convinced that the GENIUS Act would force the Tether out of the U.S. market.

For now, Tether’s strategic focus remains on Asia, where it continues to be a preferred option for crypto payments—particularly on the Tron network.

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Optimism Unlocks Lightning-Fast Transactions with Revolutionary Flashbots Partnership

Optimism Unlocks Lightning-Fast Transactions with Revolutionary Flashbots Partnership

BitcoinWorld Optimism Unlocks Lightning-Fast Transactions with Revolutionary Flashbots Partnership Exciting news from the world of blockchain! Optimism (OP), a leading Ethereum Layer 2 scaling solution, recently announced a groundbreaking Optimism Flashbots partnership. This collaboration is set to bring lightning-fast, verifiable sequencing to the Superchain and the broader OP Stack ecosystem. For users and developers alike, this means a significant leap towards quicker transaction confirmations and a noticeably smoother overall experience on Optimism-powered networks. What Does the Optimism Flashbots Partnership Mean for the Superchain? The core of this exciting development lies in enhancing how transactions are ordered and processed on Optimism’s network. Flashbots, a highly respected name in the blockchain space, provides open, production-grade infrastructure that currently powers over 90% of all Ethereum blocks. This impressive track record highlights their expertise in secure and efficient transaction ordering. Now, the very same cutting-edge technology will be integrated directly into the OP Stack sequencing process. This integration aims to deliver several key advantages, transforming the user experience and developer capabilities: Faster Confirmations: Transactions will be processed and finalized much more rapidly, significantly reducing waiting times for users and improving application responsiveness. Enhanced Verifiability: The sequencing process becomes more transparent and auditable, increasing trust and security for all network participants. Smoother User Experience: Reduced latency and improved reliability translate directly into a more pleasant and seamless interaction with decentralized applications (dApps) and services built on Optimism. Robust Infrastructure: Leveraging Flashbots’ battle-tested technology provides a solid, resilient foundation for the Superchain’s future growth and stability, ensuring the network can handle increasing demand. Essentially, the Optimism Flashbots partnership is about optimizing the very backbone of the network to handle more activity with greater efficiency and integrity. It’s a strategic move to future-proof the ecosystem. Unlocking Speed and Reliability: How Will Users Benefit? Think about your daily online interactions. We expect instant responses, whether sending a message, streaming content, or making a purchase. In the blockchain world, transaction speed and reliability directly impact usability and adoption. With this strategic partnership, users on Optimism-based chains can anticipate a significant improvement in their daily interactions with dApps, from DeFi protocols to NFT marketplaces. Moreover, developers building on the OP Stack will find it easier to create applications that require high throughput and predictable transaction finality. This move also reinforces Optimism’s commitment to decentralization and resilience, as it adopts a proven, open-source solution for a critical network function. Flashbots’ expertise in managing transaction ordering, particularly in mitigating Maximal Extractable Value (MEV) concerns, means a fairer and more predictable environment for all users. The shared sequencer, a key component of the Superchain vision, will benefit immensely from Flashbots’ expertise. This collaboration is not just about raw speed; it’s also about creating a more fair and efficient transaction environment, minimizing potential negative impacts on user costs and experience. The Optimism Flashbots partnership truly elevates the operational standards of the Superchain. Building the Future: The Broader Impact of this Optimism Flashbots Partnership The Superchain vision aims to create a unified network of chains built on the OP Stack, all sharing security and communication. The integration of Flashbots’ sequencing technology is a crucial step towards realizing this ambitious goal. It ensures that as more chains join the Superchain, the underlying infrastructure can scale efficiently while maintaining high standards of performance and security across the entire ecosystem. This move highlights Optimism’s proactive approach to adopting best-in-class solutions to improve its ecosystem. By partnering with a leader like Flashbots, Optimism strengthens its position as a preferred Layer 2 for developers and users seeking a high-performance, secure, and user-friendly blockchain experience. The long-term implications include fostering a more vibrant and accessible decentralized application landscape, driving innovation and broader adoption of blockchain technology. The collaboration also sets a precedent for how Layer 2 solutions can work with specialized infrastructure providers to enhance core functionalities, moving towards a more robust and decentralized future for the entire Web3 space. In conclusion, the Optimism Flashbots partnership marks a pivotal moment for the Superchain and the wider Layer 2 ecosystem. It promises to deliver a truly superior blockchain experience, characterized by unparalleled speed, enhanced verifiability, and robust infrastructure. This collaboration sets a new benchmark for how scaling solutions can leverage specialized protocols to achieve their ambitious goals, ultimately benefiting every participant in the network and paving the way for a more efficient decentralized future. Frequently Asked Questions (FAQs) Q1: What is the main goal of the Optimism Flashbots partnership? A1: The primary goal is to bring fast, verifiable sequencing to Optimism’s Superchain and OP Stack, leading to quicker transaction confirmations and a smoother user experience. Q2: How does Flashbots contribute to this partnership? A2: Flashbots provides its proven, open, production-grade infrastructure, which currently powers over 90% of Ethereum blocks, to handle transaction sequencing for Optimism’s ecosystem. Q3: What benefits will users see from this collaboration? A3: Users can expect significantly faster transaction finality, enhanced security through verifiability, and an overall smoother and more reliable experience when interacting with dApps on Optimism-based chains. Q4: How does this partnership impact the Superchain vision? A4: It’s a crucial step towards realizing the Superchain’s goal of a unified network of OP Stack chains, ensuring scalable, high-performance, and secure infrastructure as the ecosystem grows. Q5: Does this partnership address MEV concerns? A5: Yes, Flashbots’ expertise in transaction ordering includes mitigating Maximal Extractable Value (MEV) exploitation, contributing to a fairer and more predictable environment for users. Did you find this article insightful? Share this exciting news about the Optimism Flashbots partnership with your network on social media and help spread the word about the future of blockchain scaling! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action. This post Optimism Unlocks Lightning-Fast Transactions with Revolutionary Flashbots Partnership first appeared on BitcoinWorld and is written by Editorial Team
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