According to CoinMeta, based on cryptorank data, the trading volume of stablecoins in the third quarter of 2026 reached $4.31 billion, a 33% increase from $3.24 billion in the second quarter. Among them, tron led with a trading volume of approximately $998 million, accounting for 23.2% of the total quarterly volume. base and BNB had trading volumes of about $636 million and $469 million respectively, with the three together contributing nearly half of the total trading volume. plasma had a quarterly trading volume of about $236 million, representing a month-on-month increase of about 250%.