TRC20-USDT Supply on TRON Hits Record $86.3 Billion

TRON said TRC20-USDT (Tether’s dollar-pegged token on the TRON blockchain) added $5 billion in new issuance this year, while holder accounts and cumulative transfers also climbed to new highs.

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Terms & Concepts
  • TRC20-USDT: A version of Tether’s U.S. dollar-pegged stablecoin issued on the TRON blockchain using the TRC20 token standard.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often by being pegged to a fiat currency such as the U.S. dollar.
  • Blockchain network fees: Transaction charges paid by users to process transfers or smart contract activity on a blockchain.