Data: TRC20-USDT issuance exceeded 75.7 billion, and TRON surpassed Ethereum to become the largest USDT issuance network

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ChainCatcher 链捕手
ETH-USDT
ETH-2.32%
USDT-USDC
USDT+0.02%
TRX-USDT
TRX-1.35%

According to ChainCatcher, the issuance of TRC20-USDT increased to 75.7 billion, a record high. So far, TRON has officially surpassed Ethereum and become the world's largest USDT issuance network. Since the beginning of this year, the TRON network has issued nearly 16 billion USDT. Up to now, the number of accounts held by TRC20-USDT has reached 65.94 million, and the cumulative number of transfers has exceeded 2.5 billion.

It is reported that TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network, which has attracted a large number of users with fast transfer speed and low fees, and has been supported by Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, Poloniex and other exchanges. The TRC20-based USDT will significantly enhance TRON's existing decentralized application ecosystem, bring a higher overall store of value and stronger decentralized exchange liquidity, and provide a more convenient blockchain entry for enterprise-level partners and institutional investors.

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