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May 6, 2025 1:59 PM
TRC20-USDT, the stablecoin pegged to the US dollar and issued by Tether on the TRON network, has hit a new milestone with its issuance increasing to a record 72.7 billion. This marks a significant achievement for TRON, with nearly 13 billion USDT issued in 2025 alone. As of now, TRC20-USDT represents 48.6% of the total USDT in circulation, showcasing its dominance in the stablecoin market.
This growth is fueled by the TRON network's fast transfer speeds, low transaction fees, and strong support from major exchanges such as Binance, OKX, and KuCoin. With over 65 million holding accounts and more than 2.485 billion cumulative transfers, TRC20-USDT continues to expand its user base and strengthen the liquidity of decentralized exchanges (DEXs) on the TRON network.
At the recent TOKEN2049 Dubai event, Justin Sun, TRON’s founder, discussed the future of TRC20-USDT alongside Eric Trump and WLFI co-founder Zach Witkoff. During this conversation, Witkoff announced that WLFI’s USD stablecoin, USD1, would also be deployed natively on the TRON network, further solidifying TRON's role as a leader in the stablecoin space.
The success of TRC20-USDT not only enhances TRON's decentralized application ecosystem but also provides a more convenient blockchain solution for enterprise-level partners and institutional investors looking to leverage blockchain technology for stablecoin transactions.
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