TRON closed Q2 2026 with $87.9B in circulating USDT and $2.1T in transfers, surpassing Ethereum while DeFi activity on the network declined.

Tron's stablecoin supply hit $91.8 billion after adding $2B in July, with USDT making up 97.9% of the total as daily transfers average $23.8

A Messari report found TRON’s USDT supply reached $87.9 billion in Q2 as transfers hit $2.1 trillion and network activity climbed to record levels.