TRON Protocol Revenue Hits All-Time High of US$1.2 Billion in Q3 2025
The TRON blockchain recorded a record US$1.2 billion in protocol revenue in the third quarter of 2025, marking a 30.5% quarter-on-quarter increase, according to research by Messari.
The surge reflects the protocol’s growing dominance in stablecoin infrastructure, particularly through its hosting of the Tether (CRYPTO: $USDT) stablecoin, and expanding adoption in emerging markets. A detailed report by Presto Research found that more than 75% of global USDT transfers are now conducted on TRON (CRYPTO: $TRX), with daily volumes exceeding US$24 billion and monthly transfers topping US$600 billion.
TRON’s total value locked (TVL) also climbed: Messari data revealed the protocol’s TVL rose from US$4.9 billion to around US$6.2 billion in the quarter, underpinning the network’s resilience and growth momentum.
Additionally, the RWA.io Security Report 2025 highlighted TRON’s commitment to security and compliance, citing the T3 Financial Crime Unit (T3 FCU) — a joint initiative with TRON, Tether and TRM Labs — which has frozen US$250 million in illicit assets since its launch.
The combination of high transaction volumes, international usage and enhanced security protocols positions TRON as a major global settlement layer for digital-dollar flows.