TRON Network Sees Record Circulation of TRC20-USDT Tokens

The TRON network has experienced significant growth in recent times, with the circulation of TRC20-USDT reaching a new all-time high of 89.3 billion tokens. This achievement comes after an additional 8 billion USDT were issued since the start of the year.

The rapid increase in TRC20-USDT's circulation is a testament to its popularity among users. Its fast transfer speed and low transaction fees have made it an attractive option for those seeking a stablecoin pegged to the US dollar.

The total number of accounts on the TRON network has surpassed 380 million, with 74.15 million holding TRC20-USDT tokens. Cumulative transfers of this stablecoin have exceeded 3.36 billion. The TRON network's dominance in the crypto card transaction market is also evident, with a 32% market share and over $650 million in transactions in April.