The issuance of TRC20-USDT has surpassed 63.7 billion, setting a new historical record

2025-03-03 11:38:57
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ChainCatcher news, latest news, the issuance of TRC20-USDT has increased to 63.7 billion, setting a new historical high, accounting for 44.7% of the total issuance of USDT in the entire network. As of now, the number of accounts holding TRC20-USDT has reached 61.92 million, with a total of over 2.34 billion transfers. Justin Sun, the founder of TRON, recently stated that TRON will launch the Gas Free feature this week, meaning that the stablecoin itself will bear the transaction fees.

TRC20-USDT is a dollar-pegged stablecoin issued by Tether on the TRON network, characterized by fast transfer speeds and low fees, which has attracted a large number of users. It is already supported by several exchanges including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will significantly enhance the existing decentralized application ecosystem of TRON, bringing higher overall value storage and stronger liquidity for decentralized exchanges, while providing enterprise-level partners and institutional investors with a more convenient blockchain entry point.

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