TRON adds $16.1 billion to native stablecoin market cap in a year

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Tether's USDT drives nearly all of the growth as TRON cements its role as the go-to rail for dollar transfers TRON ’s native stablecoin market cap grew by $16.1 billion over the year. TRON’s total stablecoin market cap reached approximately $94.2 billion on November 9, 2026. A year earlier, in September 2025, the figure sat at $76.6 billion. By September 2026, it had climbed to $94 billion. That works out to a year-over-year gain of roughly $16 to $17 billion, depending on the exact window you measure. Nearly all of it is one token. Tether ’s USDT accounts for about $92.2 billion of TRON’s stablecoin supply, which translates to 97.88% dominance. TRON does have a homegrown option.
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