Data: TRC20-USDT issuance surpasses historical high, reaching 69.7 billion tokens
ChainCatcher news, according to the latest data, the issuance of TRC20-USDT has increased to 69.7 billion, setting a new historical high.
Since the beginning of this year, the TRON network has cumulatively issued nearly 10 billion USDT, and as of now, TRC20-USDT accounts for 48.2% of the total USDT issuance across the network, with the number of holding accounts reaching 64.37 million and the total number of transfers exceeding 2.454 billion.
In addition, Messari recently released a report stating that in the first quarter of 2025, the daily trading volume of USDT on the TRON network increased by 3.3% month-on-month, climbing to 19 billion dollars.
TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether on the TRON network, characterized by fast transfer speeds and low fees, which have attracted a large number of users. It is already 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 of TRON, bringing higher overall value storage and stronger liquidity for decentralized exchanges, while providing enterprise-level partners and institutional investors with a more convenient blockchain entry.
