Tether vs TRON
Tether (USDT) ranks #3 by market capitalization at $184.1B and TRON (TRX) ranks #8 at $31.6B, as of October 12, 2026. Tether has no fixed supply cap; TRON has no fixed supply cap. Tether is available on 21 exchanges we have verified and TRON on 23; 15 list both.
Verified How we verify
Side-by-Side
 Tether |  TRON | |
|---|---|---|
| Market cap rank | #3 | #8 |
| Price | $0.999 | $0.332 |
| Market cap | $184.1B | $31.6B |
| Fully diluted valuation | $189.6B | $31.6B |
| 24-hour volume | $38.3B | $294.5M |
| Circulating supply | 184.3B USDT | 95.0B TRX |
| Maximum supply | No fixed cap | No fixed cap |
| All-time high | $1.32 (July 23, 2018) | $0.431 (December 3, 2024) |
| Change from all-time high | −24.5% | −23.0% |
| 7-day change | −0.1% | −0.9% |
| 30-day change | −0.1% | −2.4% |
| Category | stablecoin | layer-1 |
| Chains | 11 chains including Ethereum, Klay Token, and Tezos | the Tron network |
| Launched | — | 2017 |
Where You Can Buy Each
| Tether | TRON | |
|---|---|---|
| Exchanges listing it | 21 | 23 |
| Countries and US states with a ranked buy page | 70 | 70 |
15 exchanges list both; 70 locations have a ranked buy page for both.
Frequently Asked Questions
- Which has the larger market cap, Tether or TRON?
- Tether, by about 5.8× as of October 12, 2026: $184.1B for Tether against $31.6B for TRON.
- Does Tether or TRON have a fixed supply?
- Neither has a fixed maximum supply.
- Where can I buy both Tether and TRON?
- 15 exchanges we have verified list both. Pick your location on the buy pages to see which serve you and what a $500 purchase costs.