TRC20-USDT Circulation Surpasses 80 Billion USDT

The circulation of TRC20-USDT has reached a significant milestone, surpassing 80 billion, with the latest figures showing 80.6 billion in circulation. This achievement marks a substantial increase in the adoption and usage of TRC20-USDT, which is a stablecoin pegged to the US dollar and issued by Tether on the Tron network. The Tron network has seen a notable issuance of nearly 21 billion USDT so far this year, contributing to the overall growth of TRC20-USDT.

TRC20-USDT now accounts for 51.6% of the total USDT circulation on the network, highlighting its dominance in the stablecoin market. The number of holding accounts has reached 67.29 million, and the total number of transfers has exceeded 2.594 billion. These figures underscore the widespread adoption and utility of TRC20-USDT across various user bases.

The blockchain data platform Artemis has noted that the use of TRC20-USDT is not confined to emerging markets but is also extensively adopted in developed countries. This global influence demonstrates the versatility and reliability of TRC20-USDT as a stablecoin, making it a preferred choice for users worldwide.

TRC20-USDT's fast transfer speed and low transaction fees have been key factors in attracting a large number of users. The stablecoin is supported by numerous exchanges, including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex. This broad support from major exchanges further enhances the accessibility and liquidity of TRC20-USDT, making it a valuable asset for users and investors alike.

The TRC20 version of USDT is expected to significantly enhance Tron's existing decentralized application ecosystem. It will bring higher overall value storage and stronger decentralized exchange platform liquidity. Additionally, it provides a more convenient entry point for enterprise partners and institutional investors, further solidifying Tron's position in the blockchain industry.