The history, current situation and development trend of USB interface can be summarized as follows:

History:

Origin and early development:
The Universal Serial Bus (USB) interface was first jointly launched by Intel and other companies in 1996 to unify various types of peripheral interfaces.
Earlier versions of USB, such as USB 1.0 and 1.1, had slower transfer speeds, with USB 1.0 having a speed of only 1.5Mbps, while USB 1.1 was bumped up to 12Mbps.
Technological breakthrough:
USB 2.0 was introduced in 2000 and significantly increased the transfer rate to 480Mbps, known as "high-speed USB".
USB 3.0 (also known as "ultra-fast USB"), introduced in 2008, increased transfer speeds to 5Gbps, 10 times faster than USB 2.0.
The subsequent USB 3.1 and USB 3.2 continued to improve the transmission rate and interface functions, especially the introduction of the USB Type-C interface, which realized the design of double-sided plugability.
Current status:

Widely used:
USB interface has become the standard configuration of today's computers and a large number of intelligent devices, widely used in data transmission, device charging, external device expansion and other fields.
USB Type-C interface is favored because of its high speed, small size and reversible plug and switch characteristics, and is gradually popularized in various electronic devices.
Technical specifications:
The latest USB4 version supports transfer rates up to 40Gbps and has a three-stage voltage (5V/12V/20V) and a power supply capacity of up to 100W.
The USB Type-C port supports positive and negative blind insertion, further improving the user experience.
Development trend:

Higher speed:
As the demand for data transfer increases, the USB interface will continue to increase the transfer speed. The USB4 has already achieved a rate of 40Gbps, and will likely exceed that further in the future.
More Uses:
The USB interface has evolved into a general-purpose multipurpose interface that may support more device types in the future, including more peripherals, storage devices, and audio devices.
Smarter Power management:
Future USB interfaces may feature smarter power management features to more effectively manage the power needs of devices and extend battery life.
Global market competition:
The global market for USB Type-C interfaces is highly competitive, mainly in Asia, especially in China, South Korea and Japan. The manufacturing industry in these regions is developed and can meet the global market demand for USB interfaces.

Innovative technology:
With the continuous emergence of new technologies, such as 5G, the Internet of Things, artificial intelligence, etc., the application scenarios of USB interfaces will be further expanded. For example, USB interfaces are likely to play an important role in future virtual reality (VR) and augmented reality (AR) devices.
In summary, since its introduction in 1996, the USB interface has undergone several major updates and iterative upgrades, gradually improving the data transmission rate, power transmission capacity and user experience. As technology continues to evolve, USB interfaces will continue to evolve to meet the demands of data-intensive applications in the future.