<ul data-eligibleForWebStory="true">TRON network has set a new record in USDT transactions, reaching $691 billion, leading the global stablecoin transfer volume.In May, 27 whale wallets were involved in transferring $411 billion USDT in just 491 transactions on TRON.TRON dominates the USDT supply, surpassing Ethereum and other blockchain networks.CryptoQuant analyst Maarten shared data displaying a surge in USDT activity on TRON, with $694.5 billion transferred in May.Large investors have been actively involved, with 27 whales accounting for over half of the USDT volume on TRON.More than 10.5 billion transactions have been executed on TRON since 2018, with a rising trend, especially related to USDT usage.TRON boasts the largest market capitalization of stablecoin USDT compared to other chains, with 75.7 billion USDT.The stablecoin dominance of TRON is evident with $71.4 billion on Ethereum and $54.1 billion on other chains, as per recent data.There have been 17 mints of over $1 billion USDT on TRON this year, indicating a significant shift in crypto use.