TRON Records Over 8 Million USDT Transactions in One Week
Tron (TRX) has gained nearly 20% in the past month, trading at approximately $0.3392, with a 1.5% increase over the last 24 hours.
This surge is linked to heightened on-chain activity, particularly an increase in Tether (USDT) transactions on the TRON network.
- Over 8.29 million USDT transactions were processed in the week ending August 3, 2025.
- Transactions between $101 and $1,000 accounted for 38.66% of activity.
- Mid-sized transactions indicate usage by freelancers and online vendors.
- Larger transactions suggest participation from institutional traders and high-net-worth individuals.
- A decline in transactions below $10 indicates reduced reliance on micro-payments.
TRON's infrastructure supports low-cost stablecoin transactions, making it suitable for digital commerce and cross-border payments.
The recent passage of the GENIUS Act by the US Congress establishes a regulatory framework for payment stablecoins, providing clearer guidelines for dollar-backed digital assets.
- Following the GENIUS Act, around $1 billion worth of new USDT was minted on the TRON network.
- TRON now holds over 51% of all circulating USDT, reinforcing its position as a leading blockchain for stablecoin transfers.
- The GENIUS Act may enhance stablecoin adoption in the US, favoring TRON due to its efficiency.
