Justin Sun, on Tether partnership: "TRX will have its own stablecoin"

04 Mar, 2019 | Updated: 04 Mar, 2019
by Alberto Arnaldo
Justin Sun, on Tether partnership: TRX will have its own stablecoin

Tron and Tether will be joining forces, according to recent reports coming from both companies and from crypto media alike.

After acquiring BitTorrent and launching the BTT token earlier this year, and following a hard fork on the 28th of February, Tron appears to have stricken another goal on their growth race.

Read more: Justin Sun: "the more successful BTT is, the more successful TRX will be"

Tether, the company that issues and pegs USDT, already has BTC and ETH based versions of their US dollar pegged token, and will now launch an ERC20-based one that will foster interoperability with Tron protocols and dapps, while allowing for transacting and exchanging fiat-pegged tokens across the TRX blockchain, according to the press release published earlier today by Tether.

Reports from Cointelegraph assure that the partnership will be launched during the second quarter of 2019. Justin Sun has celebrated the event on Twitter, going on to state that "TRON will have its own stablecoin":

Read more: Does Tether really have $1.8 Billion back up funds? New report casts doubts

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!


Read more: How to tip and receive Bitcoin via the Lightning Network with Tippin.me


Does Tether really have its USDT backed up?

(67 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage