Insights
Why Tron’s USDT Transaction Volume is Dwarfing that of Ethereum Tether
May 3, 2021
The volume of USDT tokens flowing through the Tron blockchain, which boasts a whopping $26 billion, has exceeded that of Ethereum as ERC-20 USDT tokens registered just under $25 billion as of April 30, according to the Coinmetrics chart. Many Tron supporters have dubbed this as “the flippening,” which is originally a term that is used to describe a hypothetical event where Ethereum overtakes Bitcoin in market cap.