Tron, the blockchain platform founded by Justin Sun, has achieved a significant milestone by surpassing Visa in a key metric. On-chain data reveals that the volume of Tether (USDT) traded on the network surged by almost 10% in the past 24 hours, reaching a high of $53 billion. This marks a significant increase from the previous day's volume of $43 billion.

The number of USDT on the network jumped to over 45 million, while the transfer count surged to over 1.8 billion. This growth indicates that Tron has now surpassed Visa, the largest financial services platform in the world, in terms of daily transaction volume. According to LookOnChain, Visa handled over $3.78 billion in the first quarter and averaged $42 billion per day.

Tron's growth is also reflected in its total value locked (TVL), which has soared to over $8.1 billion, making it the third-biggest chain after Ethereum and Solana. The amount of stablecoins in the ecosystem has jumped to more than $58 billion, with Tether having the biggest market share.

Tron has become one of the most profitable players in the industry, with data showing that it has made over $730 million this year, making it the second one after Ethereum, which has made over $1.6 billion this year. Tron's market cap has also been growing rapidly, with a market cap of over $10 billion, making it the 13th-biggest cryptocurrency in the world.

This achievement solidifies Tron's position in the crypto market and highlights its potential for further growth.