L1 · EVM

Tron

The dominant chain for USDT remittances in emerging markets.

Tron carries roughly half of all USDT supply and processes a majority of small-ticket USD remittances globally. Sub-cent fees, fast finality, and deep CEX integration drive its real-world payments role.

Official site Block explorer Updated today
Live metrics
Updated 1d ago
Stablecoin supply
$80.5B
DeFi TVL
$8.4B
Daily transactions
6.5M
Active addresses 24h
2.4M
Validators
27
Stablecoin supply on this chain · 90d Updated today
$90.1B
Source: DeFiLlama
24h
-0.22%
7d
-0.24%
net−$215.6M
30d
+1.71%
net+$1.5B
inflow 7d$30.7M
outflow 7d$246.4M
Technical profile

Technical profile

Native token
TRX
Gas token
TRX (or burned energy/bandwidth)
Consensus
Delegated Proof-of-Stake (27 Super Representatives)
VM
TVM (Tron Virtual Machine, EVM-compatible)
EVM compatible
Yes
Block time
3s
Finality
~57 seconds (19 blocks)
TPS (typical / max)
750 / 2,000
Avg fee
< $0.01
Launched
Jun 25, 2018
Foundation and contributors

Foundation and contributors

Foundation
Tron Foundation (Geneva, Switzerland)
Country of origin
Singapore / Switzerland (Foundation)
Core contributors
Tron FoundationJustin SunJava-TronTron Core Devs
Stablecoins on this chain

Stablecoins on this chain

Symbol
Supply
Contract
USDT
$78.5B
TR7NHqje…gjLj6t
USDC
$1.8B
TEkxiTeh…66rdz8
Timeline

Timeline

  1. Jun 25, 2018
    Tron mainnet launch

    Independent mainnet activates after migration from Ethereum testnet.

  2. Apr 30, 2019
    TRC-20 USDT goes live

    Tether deploys USDT on Tron; eventually grows to largest USDT chain.

  3. Apr 5, 2022
    USDD launch (since failed)

    Algorithmic stablecoin USDD launches; depegs in 2022 stress.

  4. Nov 15, 2023
    OFAC freezes USDT Tron addresses

    Tether freezes 161 wallets per OFAC sanctions, highlighting centralization.

Ecosystem

Ecosystem

Notable projects
  • JustLend (lending)
  • SunSwap (DEX)
  • JustStables (USDJ, USDD)
  • WINkLink (oracle)
  • BitTorrent (acquired 2018)
Bridges and interop

Bridges and interop

JustCryptosBTTC (BitTorrent Chain)Multichain (defunct)
Best for

Best for

  • ›USDT remittances (LatAm, Africa, SE Asia)
  • ›OTC merchant settlement
  • ›Centralized exchange withdrawal rails
Risk notes

Risk notes

  • ● Highly centralized (27 SRs, Justin Sun influence)
  • ● Limited DeFi ecosystem vs EVM peers
  • ● Single-stablecoin dependency (USDT carries the chain's utility)
Resources

Resources

More on Tron

For cross-chain context, deeper dives and stablecoin-specific analysis, see the blog and the stablecoins index.