Recent trends on the Tron blockchain reveal a substantial increase in user activity, with a recorded 69% rise in active addresses over the past week, reaching 11.1 million. This surge highlights the growing acceptance of retail stablecoin adoption, as the network recorded 12.6 million transactions on a single day, the highest in two years.

Data from TRONSCAN indicates that the daily active addresses on Tron peaked at 5.7 million on Tuesday, surpassing the previous day’s record of 5.4 million. According to blockchain analytics platform Nansen, this reflects raw user engagement without significant promotional influence.

Daily Tron transaction tally over the last 180 days. Source: Nansen

The growing prominence of USDT, a widely used stablecoin on the Tron network, further contributes to this activity. It facilitates between 15-20 million transactions weekly, solidifying its position as a significant player within the crypto landscape. Popular in regions like Africa, Asia, and South America, USDT enables local users to engage in high-speed, low-cost transactions even in areas with limited access to traditional banking systems.

Notably, USDT recently reached a milestone with its 500 millionth user, a feat celebrated by Tether’s CEO, Paolo Ardoino, as a groundbreaking achievement in financial inclusion.

The World Bank Group estimates that approximately 1.4 billion adults globally lack access to banking services, positioning cryptocurrency as a viable alternative, allowing users to manage funds through mobile wallets.

Lastly, USDT maintains its status as the largest stablecoin, commanding a market cap of $183.2 billion and holding a 58.8% market share, significantly outpacing competitors like Circle’s USDC.