08.08.2025 03:25

The recent passage of the U.S. GENIUS Act has significantly reshaped the stablecoin landscape, particularly benefiting Tron. This landmark legislation, enacted on July 18th, 2025, provides a much-needed regulatory framework for payment stablecoins, addressing consumer protection, financial stability, and anti-money laundering concerns. The clarity provided by the act has fostered greater confidence, leading to a surge in stablecoin issuance.

Following the GENIUS Act's implementation, Tron experienced a dramatic increase in Tether (USDT) issuance, minting an additional $1 billion. This influx catapulted Tron's share of the global USDT supply to a commanding 51%, representing over $83 billion of the total $163 billion in circulation. This dominance highlights Tron's growing importance as a stablecoin platform.

This increase isn't a sudden phenomenon; Tron's USDT market share has been steadily climbing since mid-2019. While initially minimal, the circulating supply on Tron surpassed $20 billion by early 2021 and continued its impressive growth trajectory throughout 2021 and 2022, eventually exceeding $50 billion before the recent surge. The GENIUS Act's impact appears to have significantly accelerated this pre-existing trend.

Despite a market capitalization of $32 billion and a daily trading volume of $839 million, Tron's native token, TRX, saw a modest 1.3% price increase following the news. This demonstrates the decoupling between the growth in USDT issuance on the Tron network and the immediate price reaction of TRX, suggesting that the market's focus is currently on the broader implications of the GENIUS Act and the resulting stablecoin market shift. The increased institutional and user confidence, spurred by the regulatory clarity provided by the GENIUS Act, fueled this significant expansion of USDT on the Tron network. The ability of the Tron blockchain to efficiently handle these transactions likely further contributed to its success. Internet sources confirmed these developments.