Data: TRC20-USDT issuance exceeds 66.7 billion, setting a new historical record
ChainCatcher news, the issuance of TRC20-USDT has increased to 66.7 billion, setting a new historical high. Since the beginning of this year, the TRON network has cumulatively issued nearly 7 billion USDT, and as of now, TRC20-USDT accounts for 46% of the total issuance of USDT across the network, with the number of holding accounts reaching 63.35 million and the total number of transfers exceeding 2.4 billion.In addition, the cryptocurrency payment gateway NOWPayments recently stated that TRC20-USDT has become a dominant force in the payment sector and is widely popular.It is reported that TRC20-USDT is a USD-pegged stablecoin 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 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.