The issuance of TRC20-USDT has broken through 55.8 billion, setting a new historical record

The issuance of TRC20-USDT has broken through 55.8 billion, setting a new historical high. As of now, the number of TRC20-USDT holding accounts has reached 40.28 million, with a cumulative transfer count exceeding 1.64 billion.

TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether Company based on the TRON network. Its fast transfer speed and low handling fees have attracted a large number of users and it is supported by many exchanges such as Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, Poloniex etc. The USDT based on the TRC20 version will significantly enhance the existing decentralized application ecosystem of Tron and bring higher overall value storage and stronger liquidity for decentralized exchanges while providing more convenient blockchain access for enterprise partners and institutional investors.