The issuance of TRC20-USDT has surpassed 84.4 billion, setting a new historical record

TRC20-USDT's issuance has increased to 84.4 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued 3 billion USDT. As of now, the number of accounts holding TRC20-USDT has reached 71.27 million, with a total of over 3.13 billion transfers.

In addition, the crypto data research platform CryptoQuant recently released a report indicating that the use of USDT on the TRON network is not limited to trading scenarios. Data shows that during Asian and American time zones, transfers below $1,000 account for about 60%-74%, mainly reflecting peer-to-peer payments and remittances, demonstrating its wide application in the real world.

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