TRC20-USDT issuance exceeds 70 billion, increasing to 70.7 billion

Odaily News The latest news is that the issuance of TRC20-USDT has increased to 70.7 billion, officially breaking the 70 billion mark. Since the beginning of this year, the TRON network has cumulatively issued nearly 11 billion USDT. As of now, TRC20-USDT accounts for 48.6% of the total issuance of USDT in the entire network, with 64.47 million accounts and more than 2.458 billion transfers.
In addition, Web3 e-commerce platform Uquid recently stated that 85% of African users gave the TRON network a five-star rating, and said that the stablecoin on TRON provides a stable and low-cost payment experience that cannot be matched by local payment systems.
TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network. Its fast transfer speed and low handling fees have attracted a large number of users, and it has been supported by many exchanges such as Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. The TRC20 version of USDT will greatly enhance TRON's existing decentralized application ecosystem, bring higher overall value storage and stronger decentralized exchange liquidity, and provide a more convenient blockchain entry for enterprise-level partners and institutional investors.