Issuance of TRON-Based USDT Exceeds $60 Billion

In a recent social media post, Justin Sun, the founder of TRON, announced that the issuance of TRON-based USDT has reached a significant milestone, exceeding $60 billion. This achievement also marks TRON as the first blockchain to have a single stablecoin valued at more than $60 billion. This development underscores the growing influence and adoption of TRON, Tether, and stablecoins in the cryptocurrency market. Furthermore, recent reports indicate a surge in the popularity of USDT on TRON in Southeast Asia, despite concerns over its use in illicit activities which TRON has refuted.