Recently, two authoritative organizations in the field of blockchain payment, Orbital Payment Platform and OurNetwork on-chain analysis platform, released research reports, in-depth analysis of TRON’s outstanding performance in the field of crypto payments and its importance in emerging markets. status. The report points out that the USDT trading volume on the TRON chain is experiencing significant growth, which not only consolidates its leading position globally, but also shows great potential in cross-border transactions and stablecoin promotion.
Emerging Markets: Blue Ocean Market for TRON USDT Payments
Orbital's report particularly emphasizes the key role of the TRON network in emerging markets such as Africa, Asia, and Latin America. Consumers in these regions are increasingly aware of the value of stablecoins as digital dollars, which can be held and traded without a bank account, effectively hedging the high inflation risk of local currencies. As a result, the USDT transaction volume on the TRON chain has grown significantly in these regions, becoming the preferred payment medium for cross-border trade.
Data shows that more than 50% of USDT issuance is on the TRON network, and TRON has won wide favor among businesses and users with its scalability and cost-effectiveness. According to Allium data, 38.6% of all stablecoin addresses used in the past 30 days were USDT addresses in TRON wallets. TRON provides merchants with a unified global payment method, achieving instant settlement, no chargebacks, and reducing transaction fees by 80%, which has quickly become popular among consumers in emerging markets and international merchants.
According to data from the Orbital platform, users in emerging markets have a particularly strong preference for the TRON version of USDT. It is estimated that more than 99% of transactions on the platform come from these regions, and 98% of stablecoin transactions are conducted on the TRON chain. The TRON version of USDT accounts for as much as 96% of overall cryptocurrency transactions, further highlighting its dominance in emerging markets.
Industry leader: TRON’s USDT trading volume has grown significantly
OurNetwork's report further confirms the leading position of TRON's USDT. In terms of USDT daily transaction volume and number of unique addresses, TRON is at the forefront of the industry, with daily transaction volume exceeding 15 million. The number of transactions between $1 and $10,000 has increased significantly year-on-year, reflecting the widespread popularity of TRON in the C2C and B2B payment fields.
As of July 2024, the total transfer volume of the TRON network has exceeded 13 trillion US dollars, and the total number of accounts has reached 245 million. It is particularly worth mentioning that TRON is the first blockchain with a single stablecoin market value of more than 60 billion US dollars. In 2024, the issuance of USDT increased by 11 billion US dollars, an increase of 23%.
OurNetwork pointed out that TRON also performs well in peer-to-peer transactions, with its transfer amount always remaining 2 to 3 times that of Ethereum, and its services cover both large and small transfers, meeting diverse market needs. TRON's high scalability makes it a strong competitor for the global settlement layer of mainstream financial transactions.
As a leading blockchain payment platform and on-chain analysis platform, Orbital and OurNetwork's report jointly reveals TRON's outstanding achievements in the field of encrypted payments. With the continuous rise of emerging markets and the popularization of blockchain technology, under the leadership of Justin Sun, TRON and its USDT payment solution will continue to lead the new era of encrypted payments and provide global users with a more convenient, efficient and secure payment experience.
