The Tron network's stablecoin market is largely dominated by USDT, accounting for 98.5% of the total stablecoin supply. USDT has a circulating supply of $62.76 billion out of nearly $64 billion in stablecoins on the Tron network. Other stablecoins on the network, such as USDC, USDD, TUSD, and USDJ, hold only marginal shares. USDT also plays a crucial role in Tron's liquidity, with daily on-chain volumes ranging between $4 billion and $5 billion. The Tron network processes over 14 million USDT transactions per week, representing 69% of all USDT activity. Tether's USDT stablecoin is set to introduce commission-free transactions on the Tron blockchain, aiming to make transactions more accessible by eliminating the need for TRX tokens for gas fees.



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