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Tron USDT supply reaches US$87.9B
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Tron USDT supply reaches US$87.9B

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  • Tron’s USDT supply reached a record US$87.9 billion in the second quarter.
  • USDT transfers on Tron totalled US$2.1 trillion during the quarter.
  • The network remains a major platform for stablecoin payments and transfers.

Tron (CRYPTO:TRX) reached a record US$87.9 billion in Tether (CRYPTO:USDT) supply during the second quarter, while USDT transfers totalled US$2.1 trillion.

Messari said the figures showed strong stablecoin activity across the Tron network during the quarter.

The report said Tron remained one of the largest networks for Tether circulation and transaction activity.

Tron also recorded strong transfer volumes as users continued using the network for stablecoin payments and settlements.

Messari said future network activity will depend on stablecoin demand, blockchain competition and broader crypto market conditions.

Tron has become a major blockchain for Tether transactions because of its low fees and fast settlement times.

Stablecoins are increasingly used for payments, trading and cross-border transfers across crypto networks.

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