Crypto Long & Short: Inside the chain settling $150 billion of stablecoins a week

# Crypto Long & Short: Inside the chain settling $150 billion of stablecoins a week

> Evidence tier: B1
> Evidence type: Independent digital asset media report
> Source: [CoinDesk](https://www.coindesk.com/coindesk-indices/2026/09/23/crypto-long-and-short-inside-the-chain-settling-usd150-billion-of-stablecoins-a-week)
> Published: 2026-09-23
> Captured: 2026-09-24T02:46:35.215Z

## Source summary

CoinDesk's Crypto Long & Short column, written by Canary Capital's Josh Olszewicz, describes Tron as a major settlement network for Tether's USDT. Citing Tron's blockchain explorer, the article says weekly stablecoin transfer value has recently run around $150 billion to $190 billion, weekly transactions approached 100 million, and the average on-chain fee was about $0.07. These are author-reported network metrics, not independently audited remittance or cross-border payment volumes; the article does not show destinations or the share tied to real-economy payments.

## Why it matters

The column offers a measurable signal of stablecoin transfer activity on a network used in emerging markets, but it must not be read as proof of $150–190 billion in remittances, merchant payments or cross-border economic activity. The byline is an investment professional at Canary Capital, and the metrics are attributed to Tron's explorer; no independent audit, corridor breakdown, unique payer count or payment-purpose analysis is provided.

## Key numbers

- **Reported weekly stablecoin transfer value on Tron:** $150 billion-$190 billion
- **Reported weekly Tron transaction count:** nearly 100 million
- **Reported average on-chain transaction fee:** about $0.07

## Topics and entities

- Industry lane: Cross-border market
- Entities: Tron / Tether USDT
- Web3 payments
- Cross-border payments

## Evidence and credibility note

CoinDesk opinion/newsletter column by Canary Capital's Josh Olszewicz; network-use figures are attributed to Tron's blockchain explorer and are not independently audited or equivalent to end-user payment volume.

Date evidence: CoinDesk page metadata records September 23, 2026; page identifies it as the Crypto Long & Short newsletter

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original CoinDesk report](https://www.coindesk.com/coindesk-indices/2026/09/23/crypto-long-and-short-inside-the-chain-settling-usd150-billion-of-stablecoins-a-week)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.