Data from blockchain browser TRONSCAN shows that the issuance of TRC 20-USDT has exceeded 62.7 billion, setting a record high.
As the largest stablecoin in the industry, USDTs market share has been increasing recently, and TRC 20-USDT has also experienced explosive growth. Currently, TRC 20-USDT circulation accounts for 52% of the total supply of USDT on the entire network, with more than 54.91 million accounts holding it and more than 2.086 billion transfers. TRONs dominance as the largest issuing network for USDT is continuing to consolidate.
TRC 20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network. It has the advantages of fast transfer speed and high security, and is listed on many mainstream exchanges such as Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, Poloniex, etc. It is worth mentioning that Bitkub, the largest cryptocurrency exchange in Thailand, recently announced its support for TRC 20-USDT, which will further enhance its influence in the global market.
In the future, TRON will continue to leverage the advantages of a secure and efficient public chain to bring more convenience to blockchain users.
