# TRON Now Holds More USDT Than Ethereum: What Does $85.3 Billion in Stablecoins Mean for TRX?

- In 2026, (TRX) continued to strengthen its position as the primary infrastructure network for the leading stablecoin, Tether (USDT). The market capitalization of USDT on the TRON network reached a new all-time high exceeding $85.3 billion.

At the same time, new developments in agent-based payment systems could drive increased demand for TRX.

Weekly stablecoin transfers worth $160 billion contribute to growing demand for TRX.

Tether recently issued an additional $1 billion in USDT on the TRON network, bringing the total circulating supply of USDT on TRON to $85.3 billion, surpassing Ethereum. This achievement reinforces TRON's leading position in the stablecoin sector.

The total market capitalization of all stablecoins on the TRON network has now exceeded $86.6 billion, the highest level in history.

Data from Artemis Analytics shows a clear relationship between stablecoin transfer volume and TRX price.

Over the past three years, weekly stablecoin transfer volume has grown significantly, rising from less than $80 billion to $160 billion weekly, representing a 100% increase.

TRX price versus stablecoin transfer volume. Source: Artemis.

The price of TRX rose in tandem with the massive increase in stablecoin trading volume. This growth was particularly pronounced from late 2024 through 2025 and 2026. During this period, the TRON network processed trillions of dollars in USDT transfers annually. In 2025 alone, the network processed $7.9 trillion in stablecoin transaction volume.

TRON does not use the gas model like Ethereum. Instead, the network implements a system based on bandwidth and energy to measure and allocate resources.

Users must burn TRX to obtain additional bandwidth and energy. They need these resources to execute transactions on the network, including stablecoin transfers.

As a result, demand for stablecoin transactions directly impacts demand for TRX. DefiLlama data shows that TRON's revenue—measured by the amount of TRX burned as transaction fees—leads the market over 24 hours, 7 days, and 30 days. It outperforms competitors such as Ethereum, Solana, BNB Chain, and Base.

Revenue by blockchain. Source: DeFiLlama

Additionally, TRON DAO recently announced its participation in the (Agentic AI Foundation), a Linux Foundation subsidiary project, as a gold member and board representative. The organization focuses on building open infrastructure for autonomous AI systems, also known as agent AI.

"AI needs instant settlement. TRON is where stablecoins move at scale." - Justin Sun, founder of TRON, stated.

The combination of the massive liquidity of stablecoins on the TRON network and the emerging infrastructure for AI could drive a new wave of applications. This development could increase demand on the network and enhance the value of TRX.

March saw another significant development, as the lawsuit filed by the U.S. Securities and Exchange Commission against the TRON Foundation and Justin Sun was officially concluded. The judge issued a final judgment and dismissed all allegations entirely.

The ruling removes a legal obstacle that has persisted since 2023. It could restore investor confidence and potentially attract new capital into TRX.

Despite these positive factors, investors remain cautious about holding alternative cryptocurrencies. According to BeInCrypto data, TRX's price has declined approximately 20% since August of last year and is currently trading at around $0.29.

However, strong growth in stablecoin activity, developments in AI infrastructure, and removal of legal risks could help ease selling pressure. These factors could also support a recovery in TRX's price.
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