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Stablecoins

TRON Records $2.21 Trillion in Q3 Stablecoin Settlements

TRON processed $2.21 trillion in stablecoin settlements alongside $701.4 million in network fees during the third quarter, according to data from TRON DAO Research.

TRON Records $2.21 Trillion in Q3 Stablecoin Settlements
Image: BullishMarketCap

TRON recorded $2.2126 trillion in stablecoin settlement during the third quarter, marking a 5.1% increase from the preceding quarter, according to figures published by TRON DAO Research. The network's daily average reached $24.05 billion over the 92 days of Q3, up 3.9% from $23.14 billion in Q2.

Network Fees and Token Activity

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Network fees totaled $701.4 million across July, August, and September, averaging about $7.62 million a day. The network processed approximately 1.10 billion transactions during the quarter, a volume broadly unchanged from the previous period. TRON generated 360.2 million TRX and burned 234.5 million TRX in Q3, leaving a net issuance of 125.8 million tokens. Combined USDT and USDD token supply on the network reached $93.88 billion at quarter-end, an increase of $4.88 billion from Q2.

Understanding Resource Costs

TRON operates a resource system where accounts pay for computation and transaction data through Bandwidth and Energy rather than paying a direct percentage of transferred stablecoins. Users can obtain resources by staking TRX, receiving delegations from other accounts, or burning TRX when allocations fall short. Mainnet rates stand at 0.001 TRX per Bandwidth unit and 0.0001 TRX per Energy unit. The reported $701.4 million fee series represents network-level charges rather than direct payments to TRON DAO, validators, or corporate earnings.

Key facts

  • TRON recorded $2.21 trillion in stablecoin settlement in Q3, up 5.1% from Q2.
  • Network fees totaled $701.4 million across July, August, and September.
  • The network processed approximately 1.10 billion transactions during the quarter.
  • TRON generated 360.2 million TRX and burned 234.5 million TRX, resulting in 125.8 million net issuance.
  • Combined USDT and USDD token supply reached $93.88 billion at the end of Q3.
$TRX#TRON#Stablecoins#USDT

Source: crypto.news

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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