On June 22, the issuance of TRON USDT (TRC 20-USDT) exceeded 80.6 billion, accounting for 51.6% of the total global USDT supply, setting a new record. As the world's largest stablecoin in circulation, the continued growth of TRC 20-USDT not only reflects the strong market demand for it, but also consolidates TRON's leading position in the global stablecoin field.

TRC 20-USDT is a stablecoin pegged to the US dollar issued by Tether based on the TRON network. Since its launch in April 2019, its circulation has continued to rise. In 2021, its issuance exceeded 10 billion for the first time, and has maintained rapid growth since then. Since the beginning of this year, nearly 21 billion TRC 20-USDT have been issued. At present, the number of TRC 20-USDT holding accounts has reached 67.31 million, and the cumulative number of transfers has exceeded 2.595 billion. Many key indicators are ahead of other mainstream public chain USDT versions.

The reason why TRC 20-USDT has been widely recognized by users around the world is that it provides efficient, stable and low-cost on-chain transaction experience. The TRON network has natural advantages such as high throughput and high reliability, and is particularly suitable for scenarios that are sensitive to confirmation speed and cost. At present, TRC 20-USDT has been widely used in many fields such as financial trust, communication transfer, travel settlement, cross-border payment, etc., especially in emerging markets with insufficient financial infrastructure, and has become an important entry point for local users to enter the digital economy. In 2022, Dominica officially designated TRON as a national blockchain infrastructure, and seven TRON-based tokens such as TRC 20-USDT were also given the same status as legal tender, further confirming its global universality and practical value.

To further lower the threshold for users, TRON also launched the "zero gas fee for stablecoin transfers" solution this year - GasFree function, which supports users to directly pay gas fees with USDT. This service has been piloted in Latin America and received support from JustLend DAO, the largest decentralized financial platform in the TRON ecosystem, in March this year, which significantly optimized the user experience and further broadened the application boundaries of stablecoins.

The strong influence of TRC 20-USDT has further consolidated TRON's leading position in the field of global stablecoins, and continues to attract more and more high-quality assets around the world to choose to integrate with the TRON network. Recently, the USD stablecoin USD1 issued by World Liberty Financial (WLFI) has been natively minted on the TRON network, with the first batch of 1,000 coins. Sun Yuchen, the founder of TRON, said: "This is a small step for USD1 and a big step for stablecoins." The addition of USD1 has further strengthened the TRON stablecoin ecosystem and confirmed its attractiveness as a native issuance platform for global high-quality assets.

At present, the total market value of stablecoins on the TRON chain exceeds 81.3 billion US dollars, and a diversified stablecoin ecosystem has been formed, including USDT, TUSD, USDD, USDC, USDJ, etc. At the same time, with stablecoins as the fulcrum, TRON is also accelerating the development of Meme, DeFi, NFT, GameFi, RWA, AI and other tracks, continuously expanding the boundaries of application and promoting the prosperity of the overall ecology.

As an important global blockchain infrastructure, TRON will continue to expand the depth and breadth of the stablecoin ecosystem in the future, build an open, efficient and sustainable global settlement network, promote stablecoins to the next stage of globalization, and provide users with more secure and convenient digital financial services.