TRC20-USDT Issuance Surpasses 77.7 Billion, Setting a New Record

The issuance of TRC20-USDT has increased to 77.7 billion, setting a new historical high. Since the beginning of this year, the TRON network has issued nearly 18 billion additional USDT. As of now, TRC20-USDT accounts for more than half of the total USDT issuance across the network, with 66.25 million holding accounts and over 2.52 billion cumulative transfers. TRON founder Justin Sun previously stated at TOKEN2049 Dubai that TRON's goal is for the total market value of stablecoins to exceed $100 billion this year.

TRC20-USDT is a dollar-pegged stablecoin issued by Tether on the TRON network, characterized by fast transfer speeds and low transaction fees, which have attracted a large number of users and support from multiple exchanges. The TRC20 version of USDT will significantly enhance TRON's existing decentralized application ecosystem, bringing higher overall value storage and stronger decentralized exchange liquidity, and providing a more convenient blockchain entry for enterprise partners and institutional investors.