On July 18, Token Terminal released a number of TRON second quarter data. The data showed that TRON had outstanding performance in terms of monthly active users, number of transactions, fees, and stablecoins.
Data shows that TRON's average monthly active users in the second quarter reached 13.5 million, an increase from the first quarter. The number of transactions and fees reached 569 million and $401 million, respectively, both exceeding the total of Arbitrum and Base. Among them, nearly 1/3 of the transactions and 93% of the fees on TRON are related to TRC 20-USDT. TRON has achieved great success in the field of global on-chain payments.
In terms of stablecoins, the circulation of TRC 20-USDT continued to soar in the second quarter, and stability dominated. In the second quarter, the total number of TRC 20-USDT transactions was nearly 180 million, and the total transfer amount was about 1.2 trillion US dollars, which means that its average daily number of transactions and average daily transfer amount reached 2 million and 13.3 billion US dollars respectively.
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https://x.com/tokenterminal/status/1813662781649879317
