ethereum ·
TRON overtakes Ethereum in USDT as stablecoin supply hits $92.25B
TRON has overtaken Ethereum in average USDT supply during the third quarter of 2026, as its stablecoin balances and monthly active addresses have reached record quarterly averages.
3 outlets · crypto.news · cryptobriefing.com · cryptobriefing.com
2 and shared by TRON DAO, puts the network’s average stablecoin supply at $92.25 billion, up 4.18% from the previous quarter and 14.58% from a year earlier. Across the chains covered by the report, average native stablecoin supply fell 2.41% quarter over quarter to $298.23 billion. TRON’s share reached 30.93%, gaining 1.96 percentage points from Q2 as its own balances grew against that decline.
Within TRON’s stablecoin total, USDT supply averaged $90.75 billion, compared with Ethereum’s $87.73 billion. The figures give TRON a $3.02 billion lead and put USDT at approximately 98.4% of its average stablecoin supply, calculated from the report’s totals. Ethereum’s average USDT balance fell 7.59% from Q2, while TRON’s grew 4.11%, according to the report. Together, the two networks accounted for 97.33% of native USDT across the 12 chains tracked.
