USDT transactions within the TRON ecosystem via TronDAO have surged significantly since early February, marking a notable uptick in activity. Recent data compiled by IntotheBlock reveals that these transactions now average over two million daily, approaching levels seen during the peak observed in January 2023.

For those unfamiliar, TRON DAO operates as a decentralized autonomous organization within the TRON blockchain ecosystem. USDT, adhering to the TRC-20 token standard on TRON, facilitates transfers through various non-custodial wallets such as TronLink, Trust Wallet, and MetaMask.

The growing popularity of TRON for stablecoin transfers, particularly with USDT TRC-20 tokens, can be attributed to its scalability advantages over Ethereum. TRON's higher throughput capacity enables it to support intensive projects without the significant "gas" requirements typically associated with Ethereum transactions, making it an increasingly preferred platform for such activities.

Despite TRON's appeal, USDT's association with Tether has drawn scrutiny from law enforcement agencies due to concerns over money laundering and fraudulent activities, particularly in Southeast Asia. Reports, including a study by the United Nations earlier this year, have highlighted the increasing use of USDT for illicit payments and fund transfers, especially via its TRC-20 protocol.

In response to these allegations, Justin Sun and TRON DAO have refuted the claims, emphasizing active collaboration with on-chain forensic partners to share transaction-related information and refute accusations of wrongdoing.

Despite facing criticism, USDT has experienced significant growth alongside the broader market recovery. The stablecoin recently surpassed a milestone of $100 billion in market capitalization earlier this month, indicating its widespread adoption and utility within the cryptocurrency space.

Furthermore, Tether has expanded its reach by launching USDT on the Celo blockchain, making it the 15th network to accommodate the leading stablecoin. This expansion underscores Tether's commitment to providing users with access to USDT across various blockchain platforms, including Ethereum, TRON, Polygon, Avalanche, and Algorand, among others.

In addition to its expansion efforts, Tether has turned its focus towards artificial intelligence (AI) initiatives in the current year. The company aims to develop open-source, multimodal AI products to set new industry benchmarks and address real-world challenges. Collaborations with various entities are also planned to integrate AI solutions into market-oriented products, further demonstrating Tether's commitment to innovation and adaptation in the rapidly evolving cryptocurrency market.