TRON Claims Top Stablecoin Network, Q2 Metrics Show 11.7% User Growth
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TRON's stablecoin dominance accelerated in early August as the circulating supply of USDT on the network climbed to $91.8 billion, adding approximately $2 billion over the preceding month, per @trondao (Aug 10, 22:20 UTC). The network now ranks as the largest host chain for circulating USDT, with nearly 98% of TRON's stablecoin supply denominated in that token, and has processed trillions in stablecoin transfer volume already this year.
Q2 Network Performance
The second quarter marked sustained expansion across major network metrics. TRON processed $2.1 trillion in USDT transfers during Q2 and ended the period with the largest circulating USDT supply among all blockchain networks, according to @trondao (Aug 10, 20:57 UTC). Average daily active addresses rose 11.7% and average daily transactions increased 8.7% quarter-over-quarter, reinforcing steady network adoption, reported by @trondao (Aug 10, 16:52 UTC). The network surpassed 15 billion total transactions in its history, @trondao announced (Aug 10, 19:13 UTC).
DeFi Summer Season 2 Expansion
TRON DeFi Summer Season 2 opened with a $2.35 million reward pool and 60 days of Boosted APR opportunities, according to @DeFi_JUST (Aug 10, 09:19 UTC), with TRX-focused incentives reaching $1.2 million. Real activity growth accompanied the campaign: GasFree, a TRON application, surpassed 400,000 users, per @DeFi_JUST (Aug 10, 13:18 UTC). On JustLendDAO, the top supply markets are ETH, sTRX, and TRX in order, while USDT and TRX lead the borrow markets, @DeFi_JUST reported (Aug 10, 06:52 UTC).
Treasury and Infrastructure Updates
Tron Inc. (NASDAQ: TRON) acquired 150,842 TRX tokens at an average price of $0.3315, bringing total treasury holdings to more than 709.1 million TRX, according to @TRON_INC (Aug 10, 01:37 UTC). Ecosystem infrastructure continued expanding: MoonPay Trade integrated TRON, enabling gas-free trading on the network, and Binance Wallet activated DeFi Summer Season 2 with support for no-TRX-fee transactions, per @trondaoCN (Aug 10, 11:34 UTC). Stablecoin holder addresses on TRON climbed to 97.82 million, @trondaoCN reported (Aug 10, 06:19 UTC).