Tron leads all chains with 73.3M USDT holders, ahead of BNB Chain and Ethereum.

Tron continues to hold the top spot for USDT holder count, with 73.3 million addresses holding Tether on the network. BNB Chain sits in second place at 54.4 million, while Ethereum trails at 13.6 million — a distant third despite being the original home of the stablecoin ecosystem.

The gap underscores Tron's dominance in retail-facing stablecoin adoption, driven largely by low transaction fees that make small transfers practical. Holder count is a proxy for reach rather than volume, but the spread between Tron and its nearest competitor remains substantial.

Original content