TRON’s $2.2 Trillion Stablecoin Quarter Comes With a TRX Supply Catch

By Isaac • October 17, 2026 7:15 pm •

TRON just put up another huge stablecoin number. The network processed roughly $2.2 trillion in stablecoin settlement during the third quarter, according to a new review of its activity.

That was about 5.1% more than the prior quarter.

But the eye-catching volume figure came with a less comfortable detail for TRX holders: the token’s supply expanded for 108 straight days.

CryptoSlate reports that net issuance reached about 148.8 million TRX from early July through the middle of October. Over that period, the network’s burn mechanism offset only about 63.5% of new issuance.

The analysis traced the expansion to the gap between ongoing block and voter rewards and the TRX removed through fee burns. It found that