Retail stablecoin boom helps send Tron active wallets to new highs

Activity on the Tron network has significantly increased, with daily active addresses reaching a record 5.7 million and transaction counts hitting their highest level in two years at over 12.6 million on Tuesday. Blockchain analytics platform Nansen noted this surge represents a 69% week-on-week rise in active addresses, marking the largest change among major blockchains. This boom is largely attributed to strong retail adoption, particularly the widespread use of Tether's USDT stablecoin on the high-speed, low-cost chain, especially in regions like Africa, Asia, and South America where access to traditional banking is limited. Tron facilitates 15-20 million USDT transfers weekly. USDT remains the dominant stablecoin globally, and while Ethereum holds the most USDT in circulation, Tron is a significant platform for its transfers.

(Source：Cointelegraph)