According to Foresight News, according to TRONSCAN data, the issuance of TRC20-USDT has exceeded 59.8 billion, setting a new record. As of now, the number of TRC20-USDT holding accounts has reached 44.95 million, and the cumulative number of transfers has exceeded 1.79 billion.

TRC20-USDT is a stablecoin pegged 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. TRON said that the TRC20 version of USDT will enhance TRON's 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.