TRC20-USDT issuance exceeds 57.8 billion, setting a new record

TRC20-USDT issuance has exceeded 57.8 billion, reaching a historical high. As of now, the number of TRC20-USDT holding accounts has reached 41.1 million, with a cumulative transfer of over 1.67 billion transactions.

TRC20-USDT is a stablecoin anchored to the US dollar issued by Tether on the TRON network. 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 enhance the existing decentralized application ecosystem of TRON, bring higher overall value storage and stronger decentralized exchange liquidity, and provide more convenient blockchain access for enterprise-level partners and institutional investors.