New data from Glassnode analyst CryptoVizArt.₿ highlights just how dominant stablecoin traffic on Tron has become — and how small XRP’s native transfer volume looks by comparison. Key takeaways - The 90-day simple moving average (SMA) of combined USDT and USDC transfer volume on Tron is currently $24.2 billion, reflecting a sharp uptrend over the past year as users increasingly route stablecoin settlements through the network. - By contrast, the XRP ledger records about $2.2 billion in transfers daily — roughly one-tenth of Tron’s stablecoin activity. “This reinforces Tron’s role as a core settlement layer for stablecoin liquidity,” CryptoVizArt.₿ said. - A broader Glassnode ranking of asset transfer activity shows USDC leading with $124 billion, Bitcoin at $81 billion, and USDT at $68 billion. Solana ($9.6B) and Ethereum ($7.9B) also outpace XRP in that snapshot; BNB sits just behind XRP at about $1.6 billion. - Together, USDC and USDT account for roughly $192 billion in daily transaction activity — nearly double the combined transfer volume of the top five non-stablecoin assets. “Stablecoins have become the primary liquidity rails, while native asset transfers remain comparatively subdued,” Glassnode noted. Why this matters - The figures underline a structural shift: stablecoins are increasingly acting as the main medium for on-chain liquidity and settlement, and Tron has emerged as a major conduit for those flows. - For networks like XRP, the comparison highlights the gap between native asset transfers and cross-network stablecoin settlement traffic — a distinction that can affect fee dynamics, liquidity routing, and how each chain is used by traders and institutions. Market note - At the time of reporting, XRP was trading around $1.93, down nearly 2% over the last week. (Charts shared by CryptoVizArt.₿ and Glassnode illustrate these trends in transfer volume and the 90‑day SMA for the assets referenced.) Read more AI-generated news on: undefined/news