Weekly Data Report — August 17–23, 2026
This edition of the Weekly Data Report covers August 17–23, 2026 — a week defined by U.S. regulatory news (SEC proposed rule, CLARITY push) and macro easing (Powell at Jackson Hole) rather than by fresh on-chain supply prints.
Where the current week's data has not yet been published by primary sources (e.g. the KuCoin TRON weekly report, published Mondays), we state the latest available snapshot with its date and mark the rest n/a — no fabricated comparisons.
1. Stablecoin Market Cap (by Token)
| Token | This week | Last week | W/W | 4-wk avg |
|---|---|---|---|---|
| USDT | $182.95B (Aug 16) | $183.10B (Aug 9) | −0.08% | n/a (series started Aug) |
| USDC | $71.86B (Aug 16) | $72.20B (Aug 9) | −0.47% | n/a |
| DAI | $4.57B (Aug 16) | $4.58B (Aug 9) | −0.22% | n/a |
| FDUSD | n/a | n/a | n/a | n/a |
| PYUSD | n/a | n/a | n/a | n/a |
| Total market | $306.5B (Aug 16) | $302.0B (Aug 9) | +1.49% | n/a |
Stablecoin supply returned to expansion after months of mild contraction: total market cap +1.49% w/w to $306.5B. USDT held its ~59.7% share, USDC ~23.4%.
2. USDT Supply by Chain
| Chain | Latest snapshot | As of | W/W |
|---|---|---|---|
| TRON | ~$91.8B stablecoin supply (USDT 97.9%) | Aug 17 (KuCoin) | +$2.0B over 30 days |
| Ethereum | $74.9B | Aug 14 | n/a |
| BNB Chain | $9.2B | Aug 14 | n/a |
| Solana | $3.2B | Aug 14 | n/a |
| TON | n/a | n/a | n/a |
The Aug 17 KuCoin update confirms TRON's stablecoin supply at ~$91.8B (up $2B over 30 days; 97.9% USDT), extending its lead as the largest host chain.
3. Stablecoin Transfer Volume
| Period | Value | Note |
|---|---|---|
| Aug 17–23 (KuCoin report) | n/a — publishes Monday Aug 25 | prior week: $161.8B record |
| Daily avg stablecoin transfers | ~$23.8B | KuCoin flash (Aug 17) |
| YTD stablecoin transfers (to Jul) | $4.2–4.76T | KuCoin flash (Aug 17) |
| Jul 31–Aug 6 | $161.8B | weekly high, +4% w/w |
The most recent prints (KuCoin flash, Aug 17) show daily average stablecoin transfers near $23.8B and year-to-date volume of $4.2–4.76T through July; the current-week weekly report publishes Monday Aug 25.
4. Daily Active Addresses
| Metric | Latest | As of | Change |
|---|---|---|---|
| TRON daily transactions (30-day avg) | ~12.13M | Aug 2026 | −4.32% vs prior period |
| TRON total lifetime transactions | 15.02B+ | Aug 5 | growing |
| TRON USDT daily transfers | ~2.43M (19.27% of txs) | Aug 4 | stable high base |
5. On-Chain Transfer Counts
| Metric | Value | As of | Note |
|---|---|---|---|
| TRON daily transactions (peak day) | 12.6M | Aug 4 | Tron 36.07%, USDT 19.27% |
| Ethereum stablecoin transfers | n/a | — | not published this week |
| Solana stablecoin transfers | n/a | — | not published this week |
6. TRON Energy Market
| Benchmark | Value (indicative) | Note |
|---|---|---|
| Energy rental (65k, 1h, cheapest) | 18 SUN ≈ $0.12 | provider spread 18–40 SUN |
| Energy rental (65k, 1 day) | ~6.83 TRX ≈ $2.22 | longer = cheaper per unit |
| Burn cost without energy | ~6.4 TRX ≈ $1.90 | 100 SUN/unit |
| TRX staked / staking rate | 45.7B / 48.2% | Q2 end |
7. USDT Transfer Cost by Chain (Reference)
| Chain | Typical cost | Note |
|---|---|---|
| TRON (rented energy) | ~$0.12–0.30 | marketplace-dependent |
| TRON (burning) | ~$1.90 | 2x for new-holder wallets |
| Ethereum | $1–$10+ | gas-dependent |
| Solana / BNB | <$0.10 | cheap rails |
8. TRX Price, Market Cap and TRON Fees
| Metric | Value | As of | Note |
|---|---|---|---|
| TRX price | ~$0.35 | Aug 17 snapshot | +2.3% on the day (latest print) |
| TRX circulating supply | ~94.9B | Aug 2026 | issuance still exceeds burns |
| TRON network fees (Q2) | $699.4M | Q2 | +15.9% q/q |
9. Remittance-Side References
| Metric | Value | Note |
|---|---|---|
| Visa/Stripe stablecoin disclosures | n/a this week | no new disclosures in window |
| Large-value transfer counts | part of prior weekly totals | see section 3 |
What Happened Last Week
The week's signal was macro and regulatory, not on-chain: stablecoin market cap expanded 1.49% w/w to $306.5B on the back of the SEC's proposed crypto-asset framework, the White House CLARITY push and Powell's Jackson Hole rate-cut signal. TRON activity held a high base (30-day daily transactions ~12.13M, down 4.32% from the prior period), and TRX traded near $0.35 (Aug 17).
Fastest-Growing Indicators
- Stablecoin total market cap: +1.49% w/w to $306.5B — first expansion after two months of drift.
- Crypto sentiment proxies: BTC +11.7% on Aug 20; ETH +20% intraday and new all-time high Aug 23.
Declining or Soft Indicators
- TRON daily transactions (30-day avg): −4.32% vs the prior period, though from a record-high base.
- USDC supply: −0.47% w/w.
- DeFi TVL: −1.60% w/w to $74.7B (CoinW Research).
Is There an Anomaly?
The most notable divergence: stablecoin supply expanding (+1.49% w/w) while DeFi TVL contracts (−1.60% w/w) and TRON daily transactions ease slightly. Capital is flowing into dollar-denominated rails while the DeFi layer cools — consistent with the settlement-not-DeFi read of TRON from Messari's Q2 report. The one flag to watch: the 30-day TRON transaction average eased 4.32%, so the 'record or normalization?' question is live for next week's KuCoin report.
Anomalies & Watch Items
- Stablecoin expansion against DeFi contraction — the dominant divergence of the week.
- KuCoin TRON weekly report (Mon Aug 25) — whether transfer volume set another record into the macro rally.
- TRX price action into the next FOMC window.
- Whether USDT's 59.7% share erodes as EU/USD regulatory clarity widens compliant-coin distribution.
Methodology & Caveats
- All figures from whitelisted sources with 'as of' dates: CoinW Research weekly report, TRONSCAN, DefiLlama, marketplace price tables.
- Current-week prints not yet published are marked n/a, not estimated.
- Transfer volume is gross on-chain activity, not new capital inflows.
Sources & Methodology
This article is based on public data and official disclosures. Figures were last reviewed on August 24, 2026. Values change with network conditions; always verify against the primary source before making decisions.
- CoinW Research weekly report (Aug 10–16, 2026): stablecoin market cap, ETF flows, DeFi TVL.
- TRONSCAN explorer data and WEEX/crypto.news reporting on TRON metrics.
- DefiLlama stablecoin dashboard; tronscan.energy and tronenergyrent.com price tables.
- Messari State of TRON Q2 2026 (network fees, staking).
Disclaimer: This content is for informational purposes only and does not constitute financial, legal or investment advice. Crypto and stablecoin payments carry risks, including price volatility and regulatory change.