The issuance of TRC20-USDT has increased to 73.7 billion, setting a new historical high
ChainCatcher news, the issuance of TRC20-USDT has increased to 73.7 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued nearly 14 billion USDT, and as of now, TRC20-USDT accounts for 49.2% of the total USDT issuance across the network, with the number of holding accounts reaching 65.44 million and the total number of transfers exceeding 2.49 billion.
TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether on the TRON network, characterized by fast transfer speeds and low fees, which have 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 on 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.
