2025-12-20 06:05:28

On-chain data shows that the average daily Transfer transaction volume of the two mainstream stablecoins USDT and USDC reaches approximately $192 billion (based on a 90-day moving average). How exaggerated is this number? It is almost twice the Transfer transaction volume of the top five cryptocurrencies, which is around $103 billion.

What does this indicate? Stablecoins have long become the true hub of the crypto market — they are not just trading pairs but carry the liquidity and settlement of the entire ecosystem.

Even more interesting is the performance on the Tron network. USDT and USDC on Tron have an average daily Transfer transaction volume of about $24.2 billion, which nearly accounts for 1/8 of the total stablecoin volume. With low fees and high confirmation speeds, Tron is gradually encroaching on other networks' territory and becoming a major hub for stablecoin transactions.

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blockBoy

· 18h ago

The trading volume of stablecoins is so terrifying... No wonder people in the crypto world say that all the money is lying in stablecoins. Tron is really impressive this time, low fees are the key. $192 billion daily? I can't quite grasp what this means. Wow, Tron accounts for one-eighth... This guy is really eating up the market. Stablecoins are the true kings, more active than any other coins. Others are all虚的, only stablecoin trading volume is real. Tron offers such a good user experience, no wonder the ecosystem is becoming more active. So it's not about having more coins, but the liquidity of stablecoins supporting the entire market? $24.2 billion... I ask, which other chain can be as competitive as Tron? Stablecoin trading volume is more than twice that of BTC and others, haha. What does this data indicate? It means everyone is using stablecoins for trading pairs.

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IronHeadMiner

· 18h ago

Stablecoins are the true king, all other currencies are just accessories. --- 192 billion daily average? Come on, this data is too exaggerated. --- So stablecoins are just printing money machines, no wonder everyone is playing with them. --- Tron has really taken off this time, low fees are the key. --- This is the real picture of the crypto market—without stablecoins, nothing can be played. --- 242 billion on Tron? It feels like the entire ecosystem is moving towards Tron. --- Wake up everyone, stablecoins are the vampires, draining all liquidity.

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BearMarketSurvivor

· 18h ago

Damn, a daily trading volume of 192 billion USD, this is the true king Stablecoins have long dominated the entire ecosystem, much more powerful than BTC or ETH Is TRON that fierce? Low fees are really the ultimate advantage Wait, if this continues, do other public chains still have a chance?

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StakoorNeverSleeps

· 18h ago

Stablecoins are truly the silent kings, with a daily trading volume of 192 billion that blew me away --- Tron is really fierce this time, with low fees directly crushing other chains --- Wait, 24.2 billion accounts for 1/8? What does this mean? Is Tron going to dominate the stablecoin world? --- Hub, liquidity, settlement... Nice words, but actually it's just about where the money flows --- Just looking at these data, you can see that stablecoins are the true kings, while BTC and others are just supporting roles --- I just want to ask, with so many stablecoin transactions, what value does it really bring to users? --- Tron's low fees are indeed outstanding; I used to feel heartache when transferring on Ethereum --- 192 billion, is that real? Has anyone verified this data source? --- So, stablecoins are basically the crypto payment track, and it’s about time to understand it this way --- The analogy of Tron encroaching on territory is a bit harsh, but it’s definitely happening

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GateUser-cff9c776

· 19h ago

The status of stablecoins has evolved from a trading tool to an infrastructure foundation, which is actually a perfect illustration of the power shift explained by the supply and demand curve—whoever controls liquidity, whoever controls the narrative. Tron’s move is truly brilliant; the combination of low fees and fast confirmation is more effective than any marketing. Projects still stubbornly stuck on other chains probably haven't realized they have already been marginalized. From an economic perspective, the daily trading volume of 192 billion USD has long surpassed the settlement scale of many traditional financial markets, yet we are still debating whether crypto is truly financial innovation—how ironic. Where is the promised decentralized spirit? Now stablecoins are like the central banks of the new era. It’s laughable—completely a power game with a different name.

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