Tron’s Stablecoin Market Cap Reaches $95.3 Billion in October

Tron’s stablecoin market capitalization reached $95.288 billion in mid-October, underscoring the network’s growing role in dollar-denominated transfers while showing that its stablecoin base remains heavily concentrated in Tether USD (USDT).

The total rose 0.51% over seven days in the snapshot. USDT accounted for 97.77% of Tron’s stablecoin market capitalization, leaving other assets with a relatively small share of the network’s total.

At the end of Q3 2026, the combined supply of USDT and USDD on Tron stood at $93.88 billion. That was up 5.5% from Q2 2026 and 14.9% from Q3 2025.

Tron processed $2.2126 trillion in stablecoin settlement during Q3, compared with $2.106 trillion in Q2. Average daily settlement reached $24.05 billion, while average monthly active addresses increased to 18 million from 16.4 million.

The network’s cumulative transaction volume surpassed $30 trillion in September 2026. The latest market-cap snapshot follows earlier growth in Tron’s stablecoin market capitalization over a three-month period.

The figures do not establish whether the recent change came from net new issuance, transfers from other chains or market movements. They also reflect different measurement periods: the $95.288 billion snapshot covers mid-October, while the $93.88 billion USDT-and-USDD figure covers the end of Q3.