Odaily News The issuance of TRC20-USDT has increased to 77.7 billion, setting a new record. Since the beginning of this year, the TRON network has issued nearly 18 billion USDT in total. As of now, TRC20-USDT accounts for more than half of the total issuance of USDT in the entire network, with 66.25 million accounts and more than 2.52 billion transfers. Sun Yuchen, the founder of TRON, previously stated at TOKEN2049 Dubai that TRON's goal is to break through $100 billion in the total market value of stablecoins this year.

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.