The circulation of TRC20-USDT exceeded 52.8 billion, reaching a record high

Cointime2024/02/26 04:52

By: Cointime

On February 26th, TRC20-USDT's issuance exceeded 52.8 billion, reaching a historical high. As of now, the number of TRC20-USDT holding accounts has reached 38.3 million, with a cumulative transfer amount of over 1.57 billion.

TRC20-USDT is a stablecoin anchored to the US dollar issued by Tether on the TRON network. Its fast transfer speed and low fees have attracted a large number of users, and it has been supported by many exchanges such as Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will greatly enhance the existing decentralized application ecosystem of TRON, bring higher overall value storage and stronger decentralized exchange liquidity, and provide more convenient blockchain entry for enterprise-level partners and institutional investors.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The circulation of TRC20-USDT exceeded 52.8 billion, reaching a record high

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