Data: TRC20-USDT issuance exceeds 54.8 billion, setting a new historical high

2024-03-20 13:07:15

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ChainCatcher news, the latest data shows that the issuance of TRC20-USDT has surpassed 54.8 billion, setting a new historical high. As of now, the number of accounts holding TRC20-USDT has reached 39.43 million, with a total of over 1.61 billion transfers.

It is understood that TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether on the TRON network. Its characteristics of fast transfer speed and low transaction fees have attracted a large number of users, and it has already been supported by several exchanges including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will significantly enhance the existing decentralized application ecosystem on the TRON network, bringing higher overall value storage and stronger liquidity for decentralized exchanges, and providing a more convenient blockchain entry for enterprise partners and institutional investors.

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TRC20-USDT

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