Data: TRC20-USDT Issuance Exceeds 75.7 Billion, TRON Surpasses Ethereum to Become the Largest USDT Issuance Network
The issuance of TRC20-USDT has increased to 75.7 billion, reaching a historic high. With this, TRON has officially surpassed Ethereum to become the world's largest USDT issuance network. Since the beginning of this year, the TRON network has issued nearly 16 billion additional USDT. As of now, the number of TRC20-USDT holding accounts has reached 65.94 million, with cumulative transfers exceeding 2.5 billion transactions.
It is reported that TRC20-USDT is a stablecoin pegged to the US dollar, issued by Tether on the TRON network. Its fast transfer speed and low transaction fees have attracted a large number of users and have gained support from multiple exchanges. The USDT based on the TRC20 version will significantly enhance TRON's existing decentralized application ecosystem, bringing higher overall value storage and stronger decentralized exchange liquidity, and providing a more convenient blockchain entry for enterprise partners and institutional investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
16 trillion Korean won "big dividend"! SK hynix (SKHY.US) plans to distribute 80% of Kioxia stake earnings generously to shareholders
According to reports, SK Hynix plans to return about 80% of the proceeds from reducing its stake in Japan's Kioxia Holdings to shareholders by distributing a special dividend of approximately 16 trillion won (about $12 billion).
Korean retail investors start bottom fishing! Their targets are still "Samsung and SK Hynix leveraged ETFs"
Amid a sharp drop in Korean stocks, Korean retail investors turned contrarian, making a net purchase of over 315.4 billion KRW in leveraged products of Samsung and SK Hynix in October alone. They simultaneously spent 4.7 trillion KRW acquiring US-listed triple-leveraged semiconductor ETF (SOXL), accounting for nearly 74% of total purchases of US stocks during the same period. This marks the first rebound since tightening regulations in July and two consecutive months of net selling.
AI Bubble Index at 74, CoreWeave (CRWV.US) stock price may fall below $50
CoreWeave's stock price has dropped nearly 70% from its peak to $54.25, with the short interest ratio rising to 15%. As the AI bubble index reaches an extreme value of 74 and the company faces $3 billion in debt pressure, its share price is at risk of falling below the critical support level of $50.
Cramer Beat the S&P At His Hedge Fund But Advises Retail to Join The Index
Crypto prices
More
