According to ChainCatcher, the TRC20-USDT issuance has increased to 77.7 billion tokens, reaching a new historical high. Since the beginning of this year, the TRON network has cumulatively issued nearly 18 billion USDT. Currently, TRC20-USDT accounts for more than half of the total USDT issuance across the network, with 66.25 million holding accounts and over 2.52 billion total transfers.
Justin Sun, the founder of TRON, previously stated at TOKEN2049 Dubai that TRON's goal is to break through a stablecoin total market value of $100 billion this year.
It is understood that TRC20-USDT is a USD-pegged stablecoin issued by Tether on the TRON network, supported by multiple exchanges including Binance, HTX, OKX, Bitfinex, MEXC, Kucoin, gate.io, and Poloniex. The TRC20 version of USDT will enhance TRON's existing decentralized application ecosystem, bringing higher overall value storage and stronger decentralized exchange liquidity, and providing a more convenient blockchain entry for enterprise partners and institutional investors.
