As of the fourth quarter of 2023, the USDT issued on the TRON chain has accounted for 50% of the total issuance.

Odaily Odaily on-chain analysis platform Messari released the "TRON Status in the Fourth Quarter of 2023" report, which shows that as of the end of the fourth quarter of 2023, the USDT issued on the TRON chain has accounted for 50% of the total issuance. TRON's total pledged volume increased 4% year-on-year to 46.1 billion TRX, and stUSDT on TRON became the second-largest real asset (RWA) protocol in the fourth quarter, with more than $2.2 billion USDT having been deposited into the protocol. In addition, TRX’s market value increased to US$9.4 billion, a year-on-year increase of 87%. Revenue in the fourth quarter increased 14% sequentially in U.S. dollars, from $105 million to $119 million. For all of 2023, only Ethereum and Bitcoin will generate more revenue than TRON.