- TRON surpasses $70B in USDT circulation, showing strong demand for fast, low-cost transfers.
- Canary Capital files for TRX staking ETF, signaling rise in institutional interest in TRON.
- TRON partners with TRM Labs and Tether to recover $150M in illicit funds via T3 Crime Unit.
The TRON network has hit a major milestone that could mark a turning point in its journey toward mainstream adoption. With over $70 billion worth of USDT now circulating on its blockchain and a proposed TRX ETF submitted to the U.S. SEC, TRON is rapidly gaining traction as a dominant player in the digital finance space. This surge in stablecoin activity and growing institutional interest signals that TRON may no longer be just a high-speed, low-fee alternative—it could be on the verge of becoming a central hub for global crypto finance.
USDT remains a key asset in digital payments and cross-border transactions, pegged to the U.S. dollar. Data from CoinMarketCap shows that USDT/TRX trading volume on Binance surged to $1.2 billion in 24 hours, up from $800 million the previous week. TRON now facilitates an average of $19 billion in USDT transfers daily, confirming its position as a leading stablecoin settlement network.
TRON blockchain technology is a crucial foundation for emerging markets since traditional banking services remain limited in their network. According to TRONSCAN statistics, the network now supports over 302 million accounts while processing over 10 billion operations and maintains $20 billion in total value locked (TVL).
Related: Tether’s Pitch To DC: We Help Keep US Dollar Strong Globally
Canary Capital Files for TRX Staking ETF in the U.S.
Meanwhile, on April 18, Canary Capital submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for a staked TRX Exchange Traded Fund (ETF). The ETF is proposed to expose investors to TRX and its staking benefits. Canary’s plans follow several crypto ETF applications, indicating growing institutional interest in TRON.
The ETF proposal coincides with significant changes in the U.S. regulatory system. As SEC Chairman Paul Atkins took over the helm, he has demonstrated his support for market-oriented reforms alongside standardized digital asset protocols. The existing regulatory framework within this context could improve conditions for crypto-related investments, thus creating a valuable precedent for staking ETFs in the U.S. market.
If approved, the TRX ETF will allow wider investor participation in TRON’s platform ecosystem because of broader market developments related to regulated cryptocurrency investment products. The TRON network enables the token TRX to serve dual purposes as a payment instrument and governance mechanism.
TRON’s Growing Role in Digital Finance
TRON dedicated its efforts to create an institutional and retail-friendly ecosystem that scales for regulatory compliance. In addition, TRON teamed up with Tether and TRM Labs to launch the T3 Financial Crime Unit, which handles unlawful blockchain operations.
Since its inception, the unit has collaborated with global law enforcement agencies to seize over $150 million in suspicious funds. With over $70 billion in fiat-backed stablecoins and a TRX ETF on the horizon, TRON appears to be positioning itself as a mainstream platform for digital finance.
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