In 2024, stablecoin transactions reached over $8.5 trillion in total value, surpassing Visa's $3.5 trillion and marking a substantial increase in the use of digital currencies for payments. Tether (USDT) played a crucial role, with a reported market cap of $137 billion and a daily trading volume of $107 billion. Tether recently executed a $1 billion chain swap to the Tron network, enhancing liquidity management across different blockchains. Meanwhile, TRON recorded a total of $5.46 trillion in USDT transfers for the year, averaging over 2 million transactions daily. Furthermore, Ethereum Layer 2 networks have also seen significant growth, with 10.61 million active addresses and transaction volumes reaching 19.7 million in early January 2025, indicating a strong upward trend in decentralized finance activities.