TRC20-USDT Surpasses 800 Billion in Circulation, Dominates USDT Market
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TRC20-USDT, the stablecoin issued on the TRON blockchain, has reached a significant milestone with its circulation surpassing 800 billion tokens, accounting for 51.5% of the total USDT supply. This achievement highlights TRC20-USDT's rapid growth since its launch in April 2019, outpacing its Ethereum counterpart, ERC20-USDT, which saw only a 5.8% increase in Q2 2025 compared to TRON's over 10% growth.
Tether's USDT, a dominant player in the stablecoin market, has seen its total issuance exceed $1.579 trillion, generating $4.9 billion in cumulative fees. The success of TRC20-USDT exemplifies the long-term strategy in the crypto space, with TRON's native token TRX recently being adopted as a strategic reserve asset by Nasdaq-listed company SRM, indicating further strategic moves by TRON's leadership.