TRON maintained its dominance in USDT transfers in August 2025 despite growing competition, with 90% of its revenue still derived from these transactions. While retail stablecoin transfers hit a record $5.84 billion in August, TRON saw a 6% decline in transaction counts, lagging behind Binance Smart Chain, which captured nearly 40% of retail activity. In response, TRON cut fees by 60%, but faces challenges from new zero-fee solutions like Plasma and increased Ethereum activity, where transaction costs dropped over 70% in the past year.