According to BlockBeats, data released by CryptoQuant on July 17 indicates that Tether's stablecoin USDT overwhelmingly dominates network activity on TRON. In June of this year, USDT accounted for over 99% of the total transfers among the top 10 contracts on the TRON network, with more than 57 million transactions. In contrast, PayNet recorded only 100,000 transactions.