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 cumulatively issued nearly 18 billion USDT. Currently, TRC20-USDT accounts for more than half of the total issuance of USDT across the entire network, with the number of holding accounts reaching 66.25 million and a total of over 2.52 billion 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 US dollars this year.
TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether on the TRON network. Its characteristics of fast transfer speeds and low fees have attracted a large number of users, and it has the support of 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.