TRON’s USDT supply reached $87.9 billion in Q2 2026 with transfers totaling $2.1 trillion. Network fees rose 15.9% to $699.4 million, marking the first quarterly increase since an August 2025 governance change. However, DeFi TVL declined 1.9% to $4.4 billion and average daily DEX volume fell 21.7% to $49.3 million for a fourth consecutive quarter. On the institutional side, Securitize launched a tokenized credit fund on TRON with approximately $4.3 million in assets under management, while Grayscale added TRX to its consideration list and Bitnomial launched spot TRX trading in the United States.
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