Recently, there is good news for TRON TRON, founded by Justin Sun: according to data released by blockchain explorer TRON SCAN, the issuance of TRC20-USDT on TRON has exceeded 52.8 billion, a record high.
As the largest stablecoin in the global blockchain industry, USDT's market share is increasing recently, and due to the positive impact of the rapid development of USDT, TRC20-USDT, a stablecoin on TRON founded by Justin Sun, has also ushered in explosive growth, with an additional 4 billion issued since 2024. At present, the circulation of TRON stablecoin TRC20-USDT accounts for 54% of the entire USDT network**, with more than 38.3 million accounts and more than 15 cumulative transfers700 million transactions, these results also firmly ensured the dominance of Justin Sun's TRON as the largest issuance network for USDT.
As we all know, TRC20-USDT is a Tether stablecoin based on TRON founded by Justin Sun, and the value anchor relationship between TRON 20 and the US dollar is realized through the No. 20 smart contract specification of TRON founded by Justin Sun. As a US dollar stablecoin, TRC20-USDT has little fluctuation in value, which is conducive to digital financial transactions such as payment and transfer, and it is also convenient to exchange with other digital currencies, and it also has the advantages of fast transfer speed and high security, so it is widely welcomed by users.
It can be seen that in the past year or so, along with the development of USDT, Justin Sun has actively promoted the cooperation between TRC20-USDT and major compliant exchanges and digital platforms, which is also an important reason why TRC20-USDT has been able to achieve rapid development.
For example, at the end of last year, TRON TRON's stablecoin TRC20-USDT made important progress in the field of tourismcom reached a cooperation to make tr**alaCOM's platform wallet supports a variety of stablecoins on Justin Sun's TRON tron, including TRC20-USDT and TRC20-TUSD. The relevant user can do this through tr**alacom's wallet deposits and uses the above-mentioned TRON stablecoins when booking travel orders, which provides users with more travel options and payment methods.
In addition to the travel sector, in the past period of time, Sun Yuchen has also actively promoted the launch of TRC20-USDT on a number of compliant exchanges around the world, including Bitgo, a well-known compliance custody platform in the United States, Bitso, the largest compliant exchange in Mexico, CoinOne and Bithumb in South Korea, as well as Binance, OKX, Bitfinex, MEXC, Kucoin, and GateIO, Poloniex and many other mainstream compliant exchanges, which has allowed TRC20-USDT and TRON TRON, founded by Justin Sun, to continue to expand their global influence.
With the promotion and popularization of TRC20-USDT around the world, it is believed that in the future, Justin Sun and his TRON TRON will usher in faster and more powerful development in the stablecoin field. These developments will also propel TRON towards the goal of becoming the next generation of Internet financial infrastructure.