Data: TRC20-USDT issuance exceeds 75.7 billion, Tron surpasses Ethereum to become the largest USDT issuance network
ChainCatcher news, the issuance of TRC20-USDT has increased to 75.7 billion, setting a new historical high. Thus, TRON has officially surpassed Ethereum, becoming the largest USDT issuance network in the world. Since the beginning of this year, the TRON network has issued nearly 16 billion USDT. As of now, the number of accounts holding TRC20-USDT has reached 65.94 million, with a total of over 2.5 billion transfers.It is reported that 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 has also received support from 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, and providing a more convenient blockchain entry for enterprise partners and institutional investors.