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TRC20-USDT issuance exceeds 58.8 billion, setting a new record

TRC20-USDT issuance exceeds 58.8 billion, setting a new record

CointimeCointime2024/05/17 08:16
By:Cointime

According to the latest news, the issuance of TRC20-USDT has exceeded 58.8 billion, reaching a historical high. As of now, the number of accounts holding TRC20-USDT has reached 42 million, with a total transfer volume of over 1.73 billion.

TRC20-USDT is a stablecoin anchored to the US dollar issued by Tether on the Tron network. Its fast transfer speed and low transaction 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 greatly enhance the existing decentralized application ecosystem of Tron, bring higher overall value storage and stronger liquidity to decentralized exchanges, and provide more convenient blockchain access for enterprise partners and institutional investors.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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