Data: The issuance of TRC20-USDT has broken through 54.8 billion, setting a new historical high

2024/03/20 05:15

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The latest data shows that the issuance of TRC20-USDT has broken through 54.8 billion, setting a new historical high. Up to now, the number of TRC20-USDT holding accounts has reached 39.43 million, and the cumulative number of transfers exceeds 1.61 billion.

It is understood that TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether Company based on the TRON network. Its fast transfer speed and low handling fees have attracted a large number of users and it already has support from many exchanges. The USDT based on the TRC20 version will greatly enhance the existing decentralized application ecosystem of Tron, bring higher overall value storage and stronger liquidity for decentralized exchanges, and provide more convenient blockchain access for enterprise partners and institutional investors.

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