TRC20-USDT issuance increased to 72.7 billion, a record high

CoinRank News: The issuance of TRC20-USDT has increased to 72.7 billion, a record high. Since the beginning of this year, the TRON network has cumulatively issued nearly 13 billion USDT. As of now, TRC20-USDT accounts for 48.6% of the total issuance of USDT in the entire network, with 65.25 million holding accounts and more than 2.485 billion cumulative transfers. In addition, at the recent TOKEN2049 Dubai, Justin Sun had a fireside conversation with Eric Trump and WLFI co-founder Zach Witkoff. During the period, Witkoff revealed that the USD stablecoin USD1 issued by WLFI will be natively deployed on the TRON network. TRC20-USDT is a stablecoin anchored 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 significantly enhance TRONs 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.