Tether, Tron Dominate Fast-Growing Stablecoin Payments Arena, Survey Shows

Tether’s USDT token and the Tron blockchain network dominate the rapidly growing stablecoin payment industry, according analytics firm Artemis with help from investment firms Dragonfly and Castle Island Ventures.A report entitled “Stablecoin Payments from the Ground Up” looked at data from 31 stablecoin payment companies, and found USDT, the largest stablecoin, accounted for 90 percent of payment transaction volume, followed by Circle’s USDC, the second-largest. Tron was the preferred settlement network, hosting around 60 percent of volume, followed by Ethereum, Binance Smart Chain and Polygon.The snapshot of stablecoin payment volume taken in February added up to an annualized $72 source: https://www.coindesk.com/business/2025/05/29/tether-tron-dominate-fast-growing-stablecoin-payments-arena-survey-shows