TRC20-USDT issuance exceeds 77.7 billion, setting a new record

The issuance of TRC20-USDT has increased to 77.7 billion, setting a new record. Since the beginning of this year, the TRON network has cumulatively issued nearly 18 billion USDT. As of now, TRC20-USDT accounts for more than half of the total issuance of USDT in the entire network, with 66.25 million accounts and more than 2.52 billion transfers. Sun Yuchen, the founder of TRON, previously stated at TOKEN2049 Dubai that TRON's goal is to break through $100 billion in total stablecoin market value this year. TRC20-USDT is a stablecoin anchored to the US dollar issued by Tether based on the TRON network. Its fast transfer speed and low handling fees have attracted a large number of users, and it has been supported by many exchanges such as Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. USDT based on the TRC20 version will greatly enhance TRON's existing decentralized application ecosystem, bring higher overall value storage and stronger decentralized exchange liquidity, and provide a more convenient blockchain entry for enterprise-level partners and institutional investors.