Tron Stablecoin Supply Reaches Record $91.8 Billion Led by USDT Circulation
Tron's stablecoin supply has reached an all-time high of $91.8 billion in early August, driven by the circulation of Tether's USDT.
The vast majority of this supply, nearly 98%, is comprised of USDT, making Tron the largest blockchain for USDT circulation since 2021.
Tron's network processes a significant volume of daily stablecoin transfers, with around $23.8 billion in transactions per day, mostly consisting of small transactions under $1,000.
This highlights the network's role in retail and cross-border payments due to its low fees.