Stablecoin King? ETH vs TRON? (Patreon)

TRON surpasses Ethereum in USDT transfers

In daily transfer count, TRON processes more than 6x Ethereum’s volume, with 2.6M daily transactions. Not only in number of transfers but also in total transferred value, TRON is on top.

Tom Lee calls ETH the Stablecoin King - I do question his research.

His quotes

• On August 31, 2025, Lee described the demand as "exponential on Ethereum."

• In a June 28, 2025 thread, he explained: "that stablecoin fees already account for 30% of Ethereum's network fees, with potential 10x growth driving exponential upside for ETH."

• Also on June 28, 2025, Lee kicked off a detailed thread on stablecoins as crypto's most successful "real world" product ($250 billion in assets at the time), underscoring banks, merchants, and governments' interest, with ETH as the core infrastructure.

Fun fact — Solana actually does more transactions than ETH as well.

Tron trades at 5% the market cap of ETH

I see an arb here somewhere if Stablecoins matter