Tether to launch USDT token on Tron blockchain

tether-tron

USDT token, one of the most popular stablecoins in the crypto market, will soon to be launched on TRON blochcian, Tether announced today, March 4.

“Today, we are proud to take the next step in our journey with TRON, through the introduction of USDT on the TRON blockchain. The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralised Applications (DApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network,” the official announcement reads.

Tether also quoted its CEO, Jean-Louis der Velde, saying,”We are pleased to announce this collaboration with the Tron Foundation. This integration underlines our commitment to furthering innovation within the cryptocurrency space as we continue to anticipate the needs and demands of the digital asset community.”

“We are making big steps to achieve decentralized finance with Tether. TRON will soon have its own stablecoin! This will benefit our entire ecosystem and make it easier for institutions to access the TRON blockchain,” couldn’t hide the excitement Justin Sun, the founder of TRON Foundation.