USDT on TRON Network Hits Milestone, Crosses $60 Billion in Circulation

Justin Sun, founder of TRON, recently announced that TRON-based USDT issuance has surpassed $60 billion, making TRON the first blockchain to have a single stablecoin valued at more than this amount. 

This milestone highlights TRON’s increasing influence and the broader adoption of Tether and stablecoins in the cryptocurrency market.

Additionally, reports indicate a surge in the popularity of USDT on TRON in Southeast Asia. Despite concerns about its potential use in illicit activities, TRON has refuted these claims, emphasizing the stablecoin’s growing acceptance and usage in the region.

Clever Robot News Desk 18th July 2024

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