Stablecoin transaction volume on Tron has surpassed XRP network activity by more than tenfold, according to blockchain analytics data. The disparity highlights shifting patterns in digital asset usage as settlement infrastructure evolves.
What Happened: Blockchain Transaction Data
Glassnode lead research analyst CryptoVizArt.₿ disclosed the findings in a recent analysis comparing stablecoin settlements on Tron against XRP transaction volume.
The 90-day simple moving average for combined USDT and USDC transfers on Tron currently stands at $24.2 billion daily.
XRP processes approximately $2.2 billion in daily transfers, representing one-tenth of Tron's stablecoin activity.
Data shows USDT and USDC volume on Tron has followed a rapid uptrend over the past year.
"This reinforces Tron's role as a core settlement layer for stablecoin liquidity," CryptoVizArt.₿ stated.
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Why It Matters: Settlement Infrastructure Shift
USDC currently dominates transaction activity among major digital assets with $124 billion in daily volume, according to separate Glassnode data. Bitcoin ranks second at $81 billion, while USDT places third at $68 billion.
Solana and Ethereum record $9.6 billion and $7.9 billion respectively, both exceeding XRP's transaction volume. BNB trails at $1.6 billion daily.
The top two stablecoins combined generate $192 billion in daily transaction activity, nearly double the volume of the five largest non-stablecoin cryptocurrencies.
"Stablecoins have become the primary liquidity rails, while native asset transfers remain comparatively subdued," Glassnode reported.
XRP traded at $1.89 at press time, down nearly 3% over the previous week.
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