On March 20, the issuance of TRC 20-USDT exceeded 64.7 billion, a record high, accounting for 45% of the total issuance of USDT in the entire network. Since 2025, TRC 20-USDT has issued a total of 5 billion, demonstrating strong market demand and further consolidating TRONs dominant position in the stablecoin field.
TRC 20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network. It has been widely welcomed by crypto users since its launch in April 2019. As of now, the number of TRC 20-USDT holding accounts exceeds 62.85 million, the cumulative number of transfers has reached 2.384 billion, and it plays an important role in value circulation worldwide.
As an excellent use case for the mass popularization of blockchain and its benefits to real life, TRC 20-USDT has become the first choice of stablecoin for hundreds of millions of users. In 2022, TRON was officially designated as a national blockchain infrastructure by Dominica, and seven TRON-based tokens such as TRC 20-USDT enjoy the same rights and interests as legal tender in the country. At the same time, TRC 20-USDT has also been widely used in financial trust, communication transfer, travel settlement and cross-border payment, and more and more mainstream platforms have supported TRC 20-USDT.
Recently, cryptocurrency payment gateway NOWPayments published an article stating that TRC 20-USDT is not only popular, but has become a dominant force in the payment field. Its low cost, fast transfer and almost instant confirmation make it an ideal payment option.
With the mission of building a Metaverse Financial Free Port and promoting financial inclusion, TRON will leverage the advantages of a secure and efficient underlying blockchain to continue promoting the large-scale adoption of stablecoins around the world and bring more convenience to users.