TRON Pushes $860M USDT Into OKX, Speed Meets Scale

Key Insights:

• TRON routed $860 million USDT into OKX, cementing its role in large-scale stablecoin settlements.
• Short-term TRX holders gain up to 31.2% profits, fueling optimism despite market-wide volatility.
• TRON processes 60% of global USDT transfers, strengthening its dominance in institutional stablecoin activity.

TRON has once again shown its role in stablecoin transfers, with $860 million worth of USDT recently moving into OKX through its network. Data shared by analyst Kamran Asghar confirmed the inflow, noting TRON’s efficiency in handling such high-volume transactions.

The chart tracking exchange inflows shows a sharp spike for OKX, marked at over $860 million in USDT. This transfer was routed entirely via TRON, standing out against weeks of relatively stable activity. The move reflects the network’s consistent use for handling bulk settlements across centralized exchanges.

TRON’s Role in Stablecoin Activity

The TRON blockchain has become one of the leading networks for Tether (USDT) transactions, often preferred for its low fees and fast speed. According to DefiLlama, TRON currently processes nearly 60% of all global USDT transactions, supporting over $82 billion in circulating supply.

Large-scale transfers, such as the one to OKX, point to institutional or exchange-level operations. The fact that this inflow was not tied to sharp movements in Bitcoin’s price suggests it was a structured liquidity move rather than short-term speculation.

Profitability Adds to Positive Sentiment

Beyond large transfers, short-term TRON holders have also seen profits rise. Data from CryptoQuant contributor Burak Kesmeci shows one-week holders are up 4%, one-month holders gained 10%, and three-month holders are now up 31%. He stated, “When short-term investors are in profit, sentiment improves,” adding that profitability often attracts new participants.

Earlier in August, long-term TRX investors realized $1.4 billion in profits in a single day, marking one of the largest profit-taking waves of the year. Despite this, TRON’s network activity and stablecoin dominance have kept momentum intact.

TRX Market Performance

At present, TRON (TRX) is priced at $0.3508 with a 24-hour trading volume of $1.19 billion. The token has slipped 0.23% over the past 24 hours and is down 2% in the past week.

However, over the last 30 days, TRX is up 9%, and year-on-year it has gained just under 158%. 

While still trading 19% below its December 2024 peak of $0.4313, TRX continues to hold resilience compared to the broader crypto market, which has declined over the same period.