Yulia Slavina

TRON network activity grows as Q3 stablecoin settlement reaches $2.21 trillion

TRON network activity grows as Q3 stablecoin settlement reaches $2.21 trillion
TRON stablecoin surge Q3

TRON extends its role in digital asset payments infrastructure in the third quarter as stablecoin supply, user activity and locked value continue to rise across the network. The period also marks cumulative transaction volume above $30 trillion, even as fee generation and average transaction costs ease from the prior quarter.

Highlights

  • TRON records $2.21 trillion in Q3 stablecoin settlement, with average daily volume up 3.9% to $24.05 billion and cumulative transaction volume surpassing $30 trillion.
  • TRON's stablecoin supply grows 5.5% quarter-on-quarter to $93.88 billion, total value locked reaches $28.21 billion, and DeFi TVL excluding staking stands at $13.05 billion.
  • Network usage rises as monthly active addresses increase 9.8% to 18 million, while Q3 fees total $701.4 million and key integrations broaden institutional and payments infrastructure.

Q3 metrics and product expansion

As reported by trondao.org, citing The Block, TRON records $2.21 trillion in stablecoin settlement in the third quarter, while average daily volume rises 3.9% from Q2 to $24.05 billion and cumulative transaction volume surpasses $30 trillion.

Stablecoin supply, including USDT and USDD, reaches $93.88 billion, up 5.5% from the prior quarter. Total value locked including staking stands at $28.21 billion, while DeFi TVL excluding staking reaches $13.05 billion.

Canary Capital launches the Canary Staked TRX ETF, TRXS, on September 9, 2026, giving investors exposure to the spot price of TRX and net staking rewards reflected in the fund's daily net asset value. TRON DAO's team also rings the Cboe Closing Bell in Chicago on September 29 to mark the launch.

Ecosystem buildout and crypto market impact

Network usage continues to broaden in Q3, with average rolling monthly active addresses increasing 9.8% to 18 million. At the same time, fees total $701.4 million during the quarter, averaging $7.62 million per day, down 4.0% from Q2, while the average daily transaction fee declines to $0.643 from $0.668.

TRON expands its institutional and trading links through Anchorage Digital, Bitnomial and Backpack, while Ethena brings USDe and sUSDe to the network and Ducat connects Bitcoin-backed financial infrastructure to TRON's stablecoin ecosystem. The network also adds broader payment, wallet, cross-chain and developer integrations through MoonPay, Trust Wallet, Bitcoin.com Wallet, MetaMask-connected applications, Fireblocks Flow, Eco, STON.fi, KiiChain, Privy and OpenZeppelin.

These additions strengthen infrastructure for payments, treasury management and DeFi applications, reinforcing TRON's position in the crypto sector as demand for stablecoin settlement and related digital asset services continues to expand.

Our earlier article on Q3 2026 cybersecurity funding showed that investment rebounded on the back of larger late-stage rounds, even as the number of deals declined. It also highlighted how AI- and identity-security startups attracted a disproportionate share of capital and how major acquisitions signaled continued consolidation across the sector.

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