On May 15, the issuance of TRON USDT (TRC 20-USDT) exceeded 75.7 billion, accounting for 50.2% of the total global USDT supply, becoming the largest USDT version in circulation worldwide. This not only means that TRON USDT has surpassed Ethereum USDT in all aspects, but also indicates that the circulation of global mainstream stablecoins is accelerating towards the TRON network.
Tron USDT is a stablecoin pegged to the US dollar issued by Tether based on the Tron network. Since its launch in April 2019, its circulation has continued to rise. In 2021, its issuance exceeded 10 billion for the first time, and its growth momentum has continued to accelerate since then. Since the beginning of this year, Tron USDT has issued nearly 16 billion additional coins, of which 5 billion were issued in April alone, showing strong market demand.
In addition to the issuance volume, the TRON version of USDT also ranks first in the world in terms of the number of holding accounts, the number of independent active addresses, the total number of transfers, and other core indicators. TRONSCAN data shows that the number of TRON version of USDT holding accounts has reached 66.91 million, and the cumulative number of transfers has exceeded 2.5 billion times; according to Visa Onchain Analytics data, the number of independent active addresses of TRON version of USDT has reached 237 million, and all indicators are significantly ahead of other public chain USDT versions.
In the real world, more and more users use TRON USDT as the preferred stablecoin for crypto payments, and it is widely used in multiple scenarios such as financial trust, legal currency exchange, communication transfer, travel settlement, cross-border payment, etc. Especially in areas with weak financial infrastructure, TRON USDT has shown unique value and has become the main tool for users to participate in the digital economy.
The rapid development of the TRON version of USDT is inseparable from the strong support of the underlying blockchain of TRON. Compared with other mainstream public chains, TRON has shown significant advantages in throughput, scalability, reliability, etc. It not only has the ability to carry large-scale users, but also can provide users with fast, low-cost, and high-efficiency infrastructure services. At present, TRON has a deep layout in Meme, DeFi, NFT, GameFi, RWA, AI and other tracks, providing a rich ecological environment for the application of stablecoins.
At the same time, TRON continues to improve user experience. In March this year, JustLend DAO launched the GasFree service, allowing users to directly use USDT to pay transaction fees, eliminating traditional gas fees, significantly lowering the threshold for use, and allowing more users to easily and barrier-free enter the blockchain world.
With the continuous prosperity of the on-chain ecology and the continuous optimization of service experience, TRONs position as the preferred network for global stablecoins has been further consolidated, and USDT and other stablecoin assets are accelerating to gather on the TRON network. Recently, Zach Witkoff, co-founder of WLFI, said that the USD 1 stablecoin issued by WLFI will be issued natively on the TRON chain. As of now, the total market value of stablecoins on the TRON chain has reached 76.3 billion US dollars, forming a diversified ecological system consisting of USDT, TUSD, USDD, USDC, USDJ, CNH₮ and TCNH.
In the future, TRON will continue to make efforts in the field of stablecoins, continuously expand the depth and breadth of global digital payments, provide users with more efficient and low-cost infrastructure services, and help the global economy move towards a more open and flexible digital era.
