TRON's Stablecoin Market Surges Past $89B Amid Record Network Activity

TRON's stablecoin market has reached new heights, with a total supply of $89.2 billion at the end of Q2.

This is led by USDT, which accounts for 98.5% of TRON's stablecoins and has a circulating supply of $87.9 billion.

TRON processed $2.1 trillion in USDT transactions during Q2, with an average daily transaction volume of $22.8 billion, up 4.3% from the previous quarter.

The network also saw a significant increase in fees, which rose by 15.9% to $699.4 million in Q2.