Tron Records $89 Billion in USDT for Q2 and $8.9 Million in Fees

The USDT on the Tron network reached an all-time high of $89 billion in Q2 2026. During the same period, protocol fees amounted to $8.9 million, while TRX rose by 3% amidst a 4% decline in Bitcoin. Tron's overall stablecoin market share increased to 28.7% by the end of June, with Tron accounting for over 47% of USDT supply. The global USDT market capitalization remained stagnant at approximately $184 billion in Q2, and Tron's market share expansion is analyzed as a result of absorbing shares from other chains. The share of USDT transfers under $1,000 increased from 43% in Q1 to 52% in Q2, with the peer-to-peer (P2P) transaction share being the highest among the surveyed chains at around 93%. The volume of cryptocurrency payment card transactions rose to $2.4 billion in Q2, with Tron's market share increasing to 34%. Tron is positioning itself as a payment layer for autonomous on-chain commerce through participation in B.AI and the DeBridge MCP server.

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