USDT Activity Paints a Different Picture
In contrast to the slowing activity suggested by wallet creation and gas fees, stablecoin usage on the Tron blockchain continues to show notable growth. CryptoQuant analyst Darkfost highlighted that the amount of Tether (USDT) circulating on Tron has reached a new all-time high, now surpassing $71 billion.
This figure places Tron just behind Ethereum, which currently hosts around $75 billion in USDT. The increasing stablecoin supply indicates strong demand for value transfer and settlement use cases on the network.
