Stablecoin payments, not trading, drove Tron past 400 million accounts

Tron’s total accounts reached over 400 million on August 23, with the last 100 million wallets being added in about 16 months.

Now the network settles more than half of all USDT in circulation.

Tron settles 51.4% of all circulating USDT

The network grew from 300 million to 400 million accounts between April 12, 2025, and August 23, 2026.

The chain’s genesis block was launched on June 25, 2018, and it took a whole four years for the first 100 million accounts to amass. It was not until December 7, 2023, that the 200 million point was reached.

Since going live, Tron has processed over 15.2 billion transactions, and the total volume of transfers is ~$30 trillion. TRON DAO’s own release put the figure over $29 trillion.

The 400 million figure and Justin Sun’s comments come from a TRON DAO press release.

Tron now handles 51.4% of all USDT in circulation, with a float of $94.2 billion this week that increased by ~$3 billion in a single day, according to Tronscan data.

The network represents 52% of the global flow in low-value transfers of USDT. Such transactions are generally used for retail payments and cross-border remittances.

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