TRC20-USDT Supply Hits Record 77.7 Billion, Dominates Global Stablecoin Activity

In Brief:

TRC20-USDT issuance on the TRON network has reached a record 77.7 billion, now representing more than half of total USDT in circulation.

Nearly 18 billion USDT was issued on TRON in 2025 alone, with over 2.52 billion transfers recorded.

The TRON network has reached a major milestone, with TRC20-based USDT issuance surpassing 77.7 billion tokens, marking a new all-time high for the stablecoin on a single blockchain. According to ChainCatcher, this version of Tether’s dollar-pegged token now makes up more than 50% of total USDT supply across all chains.

Since the beginning of 2025, TRON has issued nearly 18 billion USDT, reflecting its growing dominance as a low-fee, high-speed network for stablecoin activity. The network currently supports 66.25 million unique holding accounts and has facilitated over 2.52 billion total transfers, highlighting its role as a global transaction layer for USDT.

TRC20-USDT is supported by major crypto exchanges including Binance, OKX, MEXC, Bitfinex, HTX, and KuCoin, further cementing its role in both retail and institutional adoption. The TRON ecosystem benefits from the token’s deep liquidity and integration with decentralized applications, positioning it as a primary settlement layer for stablecoins.

At TOKEN2049 Dubai, TRON founder Justin Sun reiterated the network’s 2025 goal of exceeding $100 billion in total stablecoin market cap, with TRC20-USDT expected to lead that charge.

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