Tron has solidified its position as a leader in the USDT market with an issuance volume of 802 billion USDT, overshadowing competitors Plasma and Stable. Despite initial hype, both Plasma and Stable have seen their fully diluted valuations (FDV) fall below $2 billion, a stark contrast to their peak valuations. Data reveals that Tron's USDT daily transactions reach 39.4 billion, far surpassing Plasma's peak of 7.208 million and Stable's 85,000. These figures include all token transfers, highlighting Tron's dominance in both issuance and transaction volume. The narrative of new stablecoin blockchains challenging Tron's established position appears premature given the current data.