Stablecoins Propel Tron to 10x XRP's Transfer Volume — USDT/USDC Dominate

Headline: Tron handles more than 10x the transfer volume of the entire XRP network as stablecoins dominate on-chain activity New data from Glassnode highlights how stablecoin settlement on Tron has surged past XRP’s entire transaction activity. In a post on X, Glassnode lead research analyst CryptoVizArt.₿ compared the 90-day simple moving average (SMA) of combined USDT and USDC transfers on Tron with transfer volume on the XRP ledger — and the gap is dramatic. Key figures - The 90-day SMA for combined USDT and USDC transfer volume on Tron currently sits at $24.2 billion. - By contrast, the XRP network sees about $2.2 billion in transfers daily — roughly one-tenth of Tron’s stablecoin traffic. - Glassnode’s broader asset comparison shows USDC leading transaction activity at $124 billion, followed by Bitcoin at $81 billion and USDT at $68 billion. - Among non-stablecoins, Solana posts $9.6 billion and Ethereum $7.9 billion; XRP’s $2.2 billion outpaces BNB’s $1.6 billion. - The top two stablecoins (USDC + USDT) together account for roughly $192 billion in daily transaction activity — nearly double the transfer volume of the top five non-stablecoin assets combined. What this means Glassnode’s analysis underscores Tron’s growing role as a core settlement layer for stablecoin liquidity. The network’s stablecoin transfers have trended sharply higher over the past year, suggesting users increasingly prefer Tron for dollar-pegged settlements. As Glassnode put it, “Stablecoins have become the primary liquidity rails, while native asset transfers remain comparatively subdued.” Market snapshot At the time of reporting, XRP was trading around $1.93, down nearly 2% over the last week. Bottom line Stablecoins — particularly USDC and USDT — now drive the majority of on-chain transfer activity, and Tron has emerged as a leading settlement network for that liquidity. The disparity with XRP’s native-transfer volume highlights how the flow of dollar-denominated tokens is reshaping where and how crypto value moves on-chain. Read more AI-generated news on: undefined/news