Data: TRC20-USDT issuance exceeds 81.6 billion, setting a new historical record

ChainCatcher news reports that, according to the latest market information, the issuance of TRC20 - USDT has increased to 81.6 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued nearly 22 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 67.52 million and the total number of transfers exceeding 2.633 billion. In addition, the crypto media platform CCN recently published an article stating that TRON carries over 55% of the global USDT transaction volume, processing more than 2.4 million USDT transfers daily, nearly 10 times that of Ethereum.

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 enterprise-level partners and institutional investors with a more convenient blockchain entry.