TRON USDT Supply Reaches $87.9B Amid Record Q2 Activity
Messari reports record stablecoin supply and network activity on the TRON network during the second quarter, offset by declining DeFi volumes.
The TRON network registered all-time highs in both stablecoin supply and overall network activity during the second quarter, according to a report published by market intelligence firm Messari.
Data from the report shows that the supply of USDT on the TRON blockchain climbed to $87.9 billion. Meanwhile, transfer volume across the network reached $2.1 trillion throughout the quarter.
Despite the growth in stablecoin supply and transfer activity, the report noted that decentralized finance and decentralized exchange volumes on the network experienced a decline during the same period.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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