TRON Moved $2.1 Trillion in USDT Last Quarter, Yet TRX Didn’t Budge
TRON (TRX) is winning as a stablecoin settlement rail even as its Decentralized Finance (DeFi) economy contracts, a divide that is quite evident through the second quarter of 2026.
Record payment flows keep moving across the network, yet that liquidity is largely skipping its trading and lending venues. The chain now prospers on one front while thinning on another.
TRON Stablecoin Volume Climbs as On-Chain DeFi Cools
Tether (USDT) supply on TRON reached $87.9 billion at quarter-end, surpassing Ethereum (ETH), according to a Messari report. The network processed $2.1 trillion in USDT transfers over the period.
TRON's total stablecoin market cap grew 4.1% to a record $89.2 billion, with USDT holding a 98.5% share. Average daily transfer volume rose 4.3% to $22.8 billion.
The flows read as utility rather than speculation. Stablecoin velocity held at 0.26, meaning roughly a quarter of the supply changed hands each day, a level that has been steady for five straight quarters.
Network usage set records, too. TRON averaged 11.8 million daily transactions, up 8.7%, and 3.6 million daily active addresses, up 11.7%. It cleared a record 14.6 million transactions on June 15.
… Continue reading the full article at the original source below.
