In Q3 2026, #Tron had an average of 76.53 million stablecoin holders, accounting for 40.45% of the entire network—far exceeding Ethereum’s 26.32 million. In Q4, the 30-day average transaction volume topped 79 million, as on-chain demand continued to grow.
Meanwhile, #RLUSD ’s circulating supply surpassed $2.5 billion, nearing its all-time high of $2.632 billion. However, growth came mainly from new issuance, so actual demand remains to be seen.
Currently, USDT accounts for about 98% of TRON’s stablecoin supply, which totals $94.3 billion, with over 12 million transactions per day.
Key takeaway: TRON remains a leading network for stablecoin payments, while RLUSD is expanding rapidly.