Pundi X recently stated on social media that in July 2024, 65% of transactions on XPOS devices were conducted using USDT on the TRON network. TRON is becoming the preferred encrypted payment network for more and more offline merchants around the 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 60.8 billion, accounting for 52% of the total supply of USDT on the network, with more than 48.93 million accounts and more than 1.9 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.