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TRON hosts $88B in USDT, leads stablecoin transfers with $2.1T in Q2, surpassing Ethereum.

Protocol Fundamentals
11 Aug 2026
Crypto Briefing
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Bullish
pluang ai news

In Q2 2026, TRON became the largest network for Tether's USDT stablecoin, holding $87.9 billion in circulation and processing $2.1 trillion in transfers, about $22.8 billion daily. This surpasses Ethereum's $78.7 billion USDT supply by over $9 billion, reflecting a shift toward TRON's faster, cheaper network. While TRON's overall transactions and protocol revenue grew, its DeFi activity showed declines, with a 1.9% drop in total value locked and a 21.7% fall in decentralized exchange volume. TRON is also advancing in AI and cryptography, positioning itself as a major stablecoin hub despite mixed DeFi signals.

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