USDT On Ethereum Surges As ETH Faces Seasonal Patterns

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For the first time, the supply of USDT on Ethereum has surpassed that on TRON, marking a significant shift in stablecoin dynamics. Over the past month, the USDT supply on Ethereum increased by approximately $20 billion, showcasing the growing preference for Ethereum as a stablecoin network. BREAKING: USDT on Ethereum overtook USDT on TRON. The USDT supply on @ethereum grew by ~$20 billion in the last month. pic.twitter.com/J50KLdYt94 — Token Terminal (@tokenterminal) December 11, 2024 Historically, Ethereum ($ETH) has struggled during the first two weeks of December, a seasonal trend currently playing out. However, this pattern often sets the stage

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