TRC20-USDT Issuance Surpasses 90.2 Billion, Setting New Historical Record

The issuance of TRC20-USDT has surpassed 90.2 billion, setting a new historical record. Since the beginning of this year, the TRON network has cumulatively issued an additional 9 billion USDT. Currently, the number of accounts holding TRC20-USDT has reached 74.9 million, with the total number of transfers exceeding 3.5 billion. The total number of accounts on the TRON network has also surpassed 390 million. According to Lookonchain statistics, the activity level of the TRON network continues to rise, with monthly transaction numbers exceeding 385 million and monthly active accounts surpassing 26.9 million, both of which have set historical records. 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, attracting a large number of users. It has gained support from multiple exchanges including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will enhance the existing decentralized application ecosystem of TRON, bringing higher overall value storage and stronger liquidity for decentralized exchanges, providing a more convenient blockchain entry for enterprise partners and institutional investors.

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