TRC20-USDT Supply Hits Record $87.3 Billion, Tron Captures 27.3% Stablecoin Market Share

According to ChainCatcher and CoinDesk Data, TRC20-USDT supply reached $87.3 billion as of April 30, marking a new all-time high, with Tron network adding $6 billion in USDT issuance year-to-date. Tron's stablecoin market share rose to 27.3% in Q1 2026, while protocol fee revenue reached $82.2 million, demonstrating the network's ability to convert stablecoin dominance into substantive protocol income.
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