TRON processed $2.1 trillion in USDT transfers in Q2 as U.S. market access widened

TRON handled $2.1 trillion in USDT transfers in the second quarter of 2026, according to the source report, as stablecoin activity on the network continued to expand. The chain’s total stablecoin market value reached a record $89.2 billion during the period, while USDT supply on TRON closed the quarter at $87.9 billion.

That left TRON with the largest circulating USDT balance among blockchains in Q2. The report also pointed to broader U.S. access for TRX through exchange listings, derivatives and institutional staking services, even as the network faced additional sanctions-related scrutiny tied to newly designated addresses.

Stablecoin volume and fees increased

The quarter’s headline figure was the $2.1 trillion in USDT transfers processed on TRON. The report paired that with a record $89.2 billion stablecoin market on the network, underlining how central dollar-linked assets remain to TRON’s activity.

Network fees also moved higher in Q2. Fees rose 15.9% from the previous quarter to $699.4 million, while the average transaction cost increased to $0.65.

TRX supply grew while staking stayed active

Beyond stablecoin flows, the report said TRX supply continued to expand over the quarter. Staking activity remained in place as well, although the total amount of staked TRX slipped slightly.

The combination suggests that participation in the network’s staking system held up even with a modest decline in total staked tokens, while the broader token base kept increasing.

U.S. access expanded across trading and custody

The report highlighted several developments that widened access to TRX in the United States. Binance.US restored TRX trading, while Bitnomial added TRX to its U.S. markets and launched U.S.-regulated futures tied to the asset.

Anchorage Digital also enabled institutional custody for staked TRX, adding a regulated custody route for institutions seeking exposure to staking. Together, those moves were presented as signs of broader U.S. availability for TRX across spot trading, derivatives and custody infrastructure.

Sanctions scrutiny continued

At the same time, TRON remained part of the sanctions compliance discussion. The U.S. Treasury’s Office of Foreign Assets Control added 131 TRON addresses to its designation list, according to the report.

Chainalysis was cited as saying there was limited sanctions activity linked to those addresses. The source did not present the designations as evidence of broad network use for sanctioned activity, but noted the additions as an important regulatory development during the period.

Infrastructure updates and the next issues to watch

TRON also continued technical work on the network, with major software releases arriving in mid-July and again in late July, according to the report. Those releases were noted as part of the chain’s ongoing infrastructure upgrades after the quarter ended.

Looking ahead, the report identified Canary Capital’s proposed staked TRX product and U.S. ETF considerations as the next major tests for the asset’s position in the American market. Those items remain under consideration rather than completed milestones, but they were framed as the next confirmed points to watch after Q2’s expansion in trading and custody access.

Source: crypto.news