TRON USDT Market Cap Surges Past $90B as Q2 Payment Volume Hits $887M

TRON hosts over $90B in USDT, capturing 47% of total supply. Q2 crypto card volume reached $887M on TRON, with daily active users rising to 3.5M.

Woofun AI data shows that the market capitalization of USDT on the TRON network has exceeded $90 billion. On-chain USDT volume for the second quarter reached a record $89 billion, representing 47% of the total USDT supply. The share of total market cap held by TRON stablecoins increased from 27.3% in March to 28.7%.

Additionally, the proportion of USDT transfers under $1,000 on the native blockchain rose from 43% to 52%. TRON recorded an average of 3.5 million daily active users in Q2 2026, up from 3.2 million in Q1. As of June 30, approximately 93% of TRON stablecoin transactions were peer-to-peer transfers, the highest ratio among tracked chains. Crypto payment card transaction volume grew from $2 billion in Q1 to $2.4 billion in Q2, with TRON processing $887 million, or 34% of the total. GasFree transaction volume reached $2.9 billion in the last week of June, following a record high of $3 billion in early May.