Active wallets hit 11.1 million as global users turn to Tron for low-cost stablecoin transfers
Blockchain data shows activity on the Tron network has reached historic highs, driven by retail stablecoin transactions and expanding use across emerging markets. According to analytics platform Nansen, Tron’s daily active addresses surged 69% week-on-week, climbing to 11.1 million — the highest figure among major blockchains.
On Tuesday, the network recorded 12.6 million transactions, the most in nearly two years, surpassing its previous daily peak from June 2023. “No headlines. No hype. Just raw throughput. That’s top-tier activity with zero fanfare,” said Nansen analysts in a post on X.
.@trondao just clocked 12.6M transactions in a day.
Daily Tron transaction tally over the last 180 days
Tether on Tron Becomes the Retail Favorite
While Ethereum remains the dominant decentralized finance (DeFi) hub, Tron’s strength lies in payment efficiency and stablecoin utility. Data indicates that 15–20 million Tether (USDT) transfers occur on Tron every week, cementing it as one of the most used blockchain–token combinations for retail payments.
The network’s appeal is particularly strong in Africa, Asia, and South America, where high fees and limited banking access make Tron’s fast, low-cost transactions an attractive alternative.
Split of Tron transactions between TRX, USDT and “Other.”
Tether recently celebrated its 500 millionth user, which CEO Paolo Ardoino described as “one of the biggest financial inclusion milestones in history.” The milestone highlights stablecoins’ growing role in regions with limited access to U.S. dollars.
Stablecoins Drive a New Wave of Onchain Adoption
USDT remains the world’s largest stablecoin, boasting a $183.2 billion market cap and 58.8% market share, according to CoinGecko. Ethereum hosts $83.4 billion worth of USDT, while Tron follows closely with $78.7 billion, based on DefiLlama data.
With activity climbing and millions of unbanked users joining the digital economy, Tron’s stablecoin-driven ecosystem signals a broader shift toward borderless, blockchain-based payments.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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