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Trust Wallet Faces USDT TRC20 Transaction Issues: Updates and Impacts

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by Giorgi Kostiuk

5 hours ago


USDT (TRC20) transfers on Trust Wallet were disrupted due to a Tron network update, leading to transaction failures. An update has been released for Android users, while iOS users are awaiting resolution.

Tron Upgrade Triggers USDT Transfer Halt

Trust Wallet users encountered issues with **USDT (TRC20) transfers** due to a **Tron network upgrade**. This necessitated an update to the Trust Wallet app to restore transaction capabilities.

The Trust Wallet team promptly released an **Android app update** to fix the problem. The update addresses transaction failures that arose from recent network changes.

Decreased TRC20 Liquidity Impacts Market

The immediate effect involved **transaction failures** for USDT holders on Trust Wallet, significantly impacting users reliant on fast transfers. The market saw a decrease in **TRC20 liquidity flows**.

Financially, users experienced depleted TRX balances due to repeated transaction attempts. Business operations relying on seamless USDT transfers were also affected temporarily.

Repeating Issues: February 2023 Comparison

Similar issues were reported previously in **February 2023** following another Tron upgrade. This led to temporary suspensions in USDT transactions on the platform.

Experts suggest that such incidents could continue to occur with future network changes, urging users to maintain sufficient **TRX for transaction fees**. Historical data indicates prompt resolution through app updates.

The current issues with USDT transactions on Trust Wallet highlight the importance of software updates in response to network changes. Users are advised to monitor their balances and be prepared for potential disruptions in the future.

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