The issuance of TRC20-USDT has surpassed 82.6 billion, setting a new historical record

ChainCatcher news, latest news, the issuance of TRC20-USDT has increased to 82.6 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued nearly 23 billion USDT. As of now, TRC20-USDT accounts for more than half of the total issuance of USDT across the network, with the number of holding accounts reaching 67.92 million and the total number of transfers exceeding 2.672 billion. Meanwhile, the total number of transactions on the TRON network has recently surpassed 11 billion, with on-chain activity continuing to rise.

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 of TRON, bringing higher overall value storage and stronger liquidity for decentralized exchanges, while providing a more convenient blockchain entry for enterprise partners and institutional investors.