Tron-based USDT Supply Surpasses $61 Billion
JOON HYOUNG LEE
Summary
- 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.
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.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
