The issuance of TRC20-USDT has surpassed 78.7 billion, setting a new historical record
ChainCatcher news, the issuance of TRC20-USDT has increased to 78.7 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued nearly 19 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 66.87 million and the total number of transfers exceeding 2.563 billion. In addition, TRON founder Justin Sun stated in an exclusive interview with Forbes that the on-chain stablecoin trading volume on TRON is expected to reach $7 trillion this year. Among them, TRON USDT is a key driving force, with daily trading volumes currently reaching $20 billion to $30 billion.TRC20-USDT is a dollar-pegged stablecoin 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.