Thai crypto exchange Bitkub has officially opened TRC20-USDT deposit and withdrawal services. It is understood that Bitkub was established in 2018 and is regulated by the Thai Securities and Exchange Commission (SEC) and has a digital asset trading license.
TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network. It has been supported by many exchanges such as Binance, HTX, and OKX. As of now, the circulation of TRC20-USDT has exceeded 61.8 billion, accounting for 52% of the total USDT issuance on the entire network, with more than 51.37 million holders and more than 1.969 billion transfers.