TRC20-USDT Issuance Hits Record High of 73.7 Billion, Marking Significant Milestone for TRON Network

In Brief:

TRC20-USDT issuance has reached a new record of 73.7 billion, making up 49.2% of total USDT supply.

The growth of TRC20-USDT continues to bolster TRON’s decentralized application ecosystem and drive adoption.

As of May 8, the total issuance of TRC20-USDT, a stablecoin pegged to the US dollar and built on the TRON network, has reached 73.7 billion. This marks a new all-time high, with the TRC20 version now accounting for 49.2% of the total USDT supply in the entire market. Since the beginning of the year, nearly 14 billion USDT have been issued on the TRON network.

The issuance surge has been accompanied by significant growth in user adoption, with 65.44 million accounts holding TRC20-USDT and more than 2.49 billion transfers completed to date. This increase in usage reflects the TRC20-USDT’s strong value proposition: its fast transfer speeds and low transaction fees have attracted a large number of users across multiple cryptocurrency exchanges, including Binance, OKX, and KuCoin.

The expansion of TRC20-USDT has enhanced the liquidity and storage capacity of decentralized exchanges within the TRON ecosystem, providing further opportunities for institutional investors and enterprise-level partners to engage with blockchain-based finance. With the increased adoption of TRC20-USDT, TRON's decentralized application ecosystem is expected to see continued growth and widespread integration.

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