Tron and Tether Partner to Issue USDT on the Tron Network by Q2 2019

in #crypto6 years ago (edited)

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Blockchain protocol Tron (TRX) and Tether, issuer of stablecoin USDT, have announced a partnership to introduce USDT to the Tron network by the second quarter of 2019. The news was shared with Cointelegraph in an email on March 4.

The forthcoming TRC20-based USDT — a term that indicates adherence to a technical token standard supported by the Tron blockchain — will be interoperable with all Tron-based protocols and decentralized applications (DApps), and allow for the transaction and exchange of fiat-pegged coins across the blockchain.

The USDT, which launched in 2014, has traditionally facilitated frictionless fiat on- and off-ramping to the crypto markets, allowing users to store and exchange value without the onus of slow fiat transfer processing times.

Full Story https://cointelegraph.com/news/tron-and-tether-partner-to-issue-usdt-on-the-tron-network-by-q2-2019