On June 5, Pundi X stated on social media that in May 2024, 74% of transactions on XPOS devices were conducted using USDT on the Tron network, and the Tron version of USDT continues to lead the application of encrypted payments in the real world.
Previously, TRON has partnered with Pundi X to promote the adoption of cryptocurrencies through the integration of XPOS. Pundi X helps transform physical retail businesses through its innovative DePIN solution. XPOS is an all-in-one solution for retailers that enables consumers to purchase and use digital currencies anytime, anywhere.
TRC 20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network, with advantages such as fast transfer speed and high security. Currently, the issuance of TRC 20-USDT has exceeded 58.8 billion, accounting for 52% of the total supply of USDT on the network, with more than 44 million holding accounts and more than 1.77 billion cumulative transfers. TRON's dominance as the largest issuance network of USDT is continuing to consolidate.
In the future, TRON will continue to leverage the advantages of a secure and efficient public chain to bring more convenience to blockchain users.
