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Tron-based USDT Supply Surpasses $61 Billion

JOON HYOUNG LEE
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  • The supply of USDT on the Tron network has surpassed $61 billion.
  • Tron-based USDT has increased by about 28.7% from the beginning of the year, reaching $61.76 billion.
  • The popularity of USDT is continuously increasing due to low transaction fees and fast transfer speeds.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The supply of Binance Tether (USDT) on the Tron network has surpassed $61 billion (approximately 89 trillion KRW).

According to the virtual asset platform CryptoQuant on the 26th, the USDT circulating on the Tron network recorded $61.76 billion. This is an increase of about 28.7% compared to the beginning of the year ($48 billion).

The supply of USDT on the Tron network has been steadily increasing since June 2022, when the supply was $32 billion. It is interpreted that the popularity of USDT has been continuously increasing due to relatively low transaction fees and fast transfer speeds.

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gilson@bloomingbit.ioCrypto Journalist