The circulation of TRC 20-USDT has officially exceeded 60 billion, accounting for half of the total circulation of USDT.

The achievement of the 60 billion milestone is inseparable from the continued prosperity of the TRON network. Since the beginning of this year, the activity on the TRON chain has been unprecedented, and the user scale and transaction volume have further increased. As an important use case of the TRON ecosystem, huge user demand has driven the rapid surge in the circulation of TRC 20-USDT. Since the beginning of this year, the cumulative issuance of TRC 20-USDT has reached nearly 12 billion, which is higher than the whole of last year.

In fact, since its launch in April 2019, TRC 20-USDT has shown strong development momentum. Less than two years after its launch, the circulation of TRC 20-USDT has reached 23.9 billion, surpassing the Ethereum version of USDT for the first time, establishing TRON as the largest circulation network for USDT. With the increasing global popularity of TRC 20-USDT, TRC 20-USDT has become the first choice of stablecoin for thousands of users. As of now, the number of TRC 20-USDT holding accounts has increased to 47 million, and the cumulative number of transfers has exceeded 1.86 billion.

As Justin Sun, the founder of TRON, said, with the help of a large number of stablecoins, TRON is realizing the role of a global payment tool. Backed by a prosperous stablecoin ecosystem, in the future, TRON will continue to leverage its network advantages and continue to promote the large-scale adoption of blockchain and cryptocurrency.