TRON reached more than 90 mil millones de dólares in circulating USDT and recorded over $887 million in cryptocurrency card volume during the second quarter of 2026, according to comprehensive mid-year data published by CoinDesk Data and CryptoQuant. The blockchain network expanded its role in global stablecoin settlement while growing its infrastructure for enterprise applications and machine-to-machine AI payments.
According to the CoinDesk network report for the second quarter of 2026, TRON maintained high daily user engagement and broadened its market reach. Daily active users on the network averaged 3.5 million during the quarter, rising from 3.2 million in the first three months of the year. Data through June 30 shows that approximately 93% of TRON activity occurred as peer-to-peer transfers, marking the highest proportion among major tracked chains.
Stablecoin Dominance and USDT Growth
TRON captured a larger share of the global stablecoin market during the second quarter, driven by widespread adoption of Tether. According to CoinDesk data, the network’s share of total stablecoin market capitalization climbed to 28.7% by the end of June, up from 27.3% in March.
USDT on the TRON network reached an all-time high of slightly above 89 mil millones de dólares during the second quarter before touching 90 mil millones de dólares, accounting for 47% of total USDT dominance across all blockchains. Additionally, TRON’s share of USDT transfers valued under $1,000 among native issuance chains increased from 43% to 52%, pointing to continued utility for smaller-scale transactions.
Cryptocurrency Card Volume Expansion
Mainstream utility extended into consumer spending products throughout the quarter. Global transaction volume across cryptocurrency cards grew from 2.000 millones de dólares in the first quarter of 2026 to 2.400 millones de dólares in the second quarter, according to CoinDesk findings.
Within that broader market, TRON-backed cryptocurrency card transaction volume rose to $887 million, capturing 34% of the tracked market share compared to 33% in the preceding quarter.
Complementing retail spending, institutional access widened during the period. The network gained exposure to regulated U.S. markets through Bitnomial, advanced tokenized private credit initiatives alongside Securitize and Hamilton Lane, and integrated interoperability features connecting more than 150 blockchain networks.
Infrastructure Evolution and Cross-Chain Liquidity
Beyond peer-to-peer transfers, research from CryptoQuant titled “Beyond P2P: How TRON is Becoming an Infrastructure Layer for Apps, Businesses, and the Agent Economy” details the network’s transition toward enterprise and developer infrastructure.
The CryptoQuant report highlights the performance of GasFree, an initiative enabling users to transfer USDT without holding native TRX tokens to cover gas fees. Weekly transfer volumes via the feature reached 2900 millones de dólares in the final week of June 2026, approaching a peak of 3000 millones de dólares set in early May and surpassing 2025 highs of 1900 millones de dólares. The model maintained an average fee of 1,5 dólares per 16 300 dólares transfer, reflecting an effective rate of 0,009%.
Cross-chain liquidity tools also expanded business utility. Rhino.fi, a cross-chain liquidity service integrated with the Wirex payment platform, routed TRON assets across more than 30 networks to convert deposits into spendable balances in under 10 seconds. Weekly TRON USDT volume through Rhino.fi climbed from approximately 1 millón de dólares to a record 48 millones de dólares by mid-June 2026, with the average transfer size expanding to 24 000 dólares.
Integration into the AI Agent Economy
TRON established a foothold in machine-to-machine transactions through integrations with emerging artificial intelligence infrastructure. According to CryptoQuant, platforms including B.AI, MERX, Oobit, and dTelecom adopted x402-based frameworks and USDT liquidity to settle automated payments for AI agents.
Deposit activity across B.AI accelerated beginning in April 2026, signaling early demand for blockchain settlement tailored to autonomous software agents.
MainNet data from TRONSCAN indicates that the network accumulated more than 394 million user accounts, processed over 14 billion transactions, and sustained a total value locked exceeding 26 mil millones de dólares as of July 2026.
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