On‑chain data and historical trends show TRC20’s transformation into the backbone of stablecoin settlement. Since 2019, daily transfer volumes have surged from negligible levels to the 18𝐵-24B range — a rise fueled not by short‑term spikes alone, but by sustained global usage.
USDT remains the undisputed leader, capturing 98.94% of TRC20’s all‑time cumulative volume ($19.02T). The chart makes this dominance clear: other stablecoins like USDC appear only in small, transient bursts. This concentration strengthens liquidity depth and boosts the network’s “stickiness,” reinforcing user trust and habit.
The 7‑day moving average of total transfers (purple dotted line) tells an important story: higher lows and repeated breakouts to new highs. This pattern reflects TRC20’s maturation and the deepening confidence of its user base. Peaks in 2021 and 2022 — followed by rapid recoveries — highlight the network’s resilience to market shocks.
With its combination of ultra‑low fees, high throughput, and deep liquidity, TRC20 has become the primary rail for USD‑denominated crypto payments, thriving in both bull and bear markets. Monitoring the SMA‑7 slope offers a forward‑looking metric, signaling potential demand shifts or early stages of cross‑chain migration.
Bottom Line: TRC20 stands today as the fastest, most resilient channel for moving digital dollars worldwide — a position built on scale, trust, and real‑world usage, with strong momentum for continued dominance in global payments and transfers.
Written by CryptoOnchain
