TRON To Integrate Tether Stablecoin

TRON To Integrate Tether Stablecoin
фото показано с : cryptobriefing.com

2019-3-4 20:00

TRON (TRX) has announced plans to add support for Tether (USDT), in a “significant milestone”  that is expected to improve the platform’s overall liquidity, and make it viable for corporate and institutional users.

In an announcement earlier today, the teams behind TRON and Tether said they had commenced work on a TRC-20 standard Tether token, which will enable the stablecoin to work on the TRON blockchain.

Based on current projections, the teams expect to be ready for a full-scale release sometime in Q2 this year.

Known originally as ‘Realcoin’ when it went live in 2014, Tether is technologically different from many other cryptocurrencies. It works on a meta-protocol, called ‘Omni’, that allows tokens to be minted and traded on multiple blockchains.

Today’s news makes TRON the fourth blockchain to add Tether support. First available on Bitcoin (BTC), Tether was added to Litecoin (LTC) in the summer of 2017, and to Ethereum (ETH) in January 2018.

TRON Tether support: What it means.

Being built on different platforms means Tether tokens can be technically distinct from one another. The ERC-20 version is roughly 15-30 seconds faster than the BTC version and can interact with other tokens based on Ethereum.

Speaking on the TRON-Tether collaboration, Jean-Louis van der Velde, Tether’s CEO, said: “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.”

The last year saw an explosion in the number of fiat-backed tokens coming to market, including high-profile stablecoins like Gemini’s GUSD token and Circle’s USDC. But Tether remained dominant, accounting for more than 75% of all stablecoin trading volume last December.

TRON – Tether support will allow users to trade US dollars within the TRX ecosystem. This will greatly benefit the network, according to TRON founder, Justin Sun. Not only will it bring “incredible stability and confidence,” Sun said, but a stable store of value would also improve liquidity and encourage institutional or corporate users to consider using TRON.

Sun also highlighted that the new collaboration may provide TRON users with an onramp into fiat currencies.  Citing the ability of Tether holders to swap their tokens for actual US dollars, Sun commented: “As we perform and execute on our vision, they [users] can easily redeem their tokens for US dollars.”

The author is invested in digital assets, including BTC and ETH which are mentioned in this article.

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The post TRON To Integrate Tether Stablecoin appeared first on Crypto Briefing.

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Tether (USDT) на Currencies.ru

$ 1.0003 (+0.00%)
Объем 24H $49.427b
Изменеия 24h: 0.02 %, 7d: 0.08 %
Cегодня L: $1.0002 - H: $1.0009
Капитализация $111.373b Rank 3
Цена в час новости $ 1.0111 (-1.07%)

tether tron integrate stablecoin behind said teams

Источник: cryptobriefing.com

tether tron → Результатов: 24


Выпуск 1 млрд USDT на блокчейне Tron сочли бычьим знаком

В течение некоторого времени доминирование крупнейшего стейблкоина Tether находилось под угрозой после того, как компания-эмитент приостановила «печать денег». После нескольких сообщений о проблемах, с которыми сталкивается компания, Tether выпустил 1 млрд USDT в сети Tron.

2021-8-10 11:38


60% вновь созданного Tether недавно было выпущено в сети TRON

Основатель сети TRON Джастин Сан указывает на то, что 58,76% новых выпущенных токенов USDT находятся на TRON, а 41,24% — на Ethereum. Tether — эталон стабильной валюты При просмотре официальной страницы прозрачности Tether выясняется, что курс стейблкоина на ТРОН сейчас намного превысил 1,2 миллиарда долларов, что очень близко к $ 1,3 млрд.

2020-5-7 19:46


Tron Partners With Tether to Launch TRC20-Based Stablecoin

Tether (USDT), the seventh most valuable crypto asset by market cap, has shrugged off attempts by newer stablecoins to usurp it. Now, a new version of tether is coming to the Tron network. Also Read: Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs Tether to Trade on Tron Tron is officially partnering with Tether […] The post Tron Partners With Tether to Launch TRC20-Based Stablecoin appeared first on Bitcoin News.

2019-3-5 01:30


Tether выпустит новую версию стейблкоина USDT на блокчейне Tron

Компания Tether готовится к выпуску своих стейблкоинов на базе блокчейна Tron. 4 марта компания Tether сообщила, что сотрудничает с Tron Foundation для запуска токенов стандарта TRC-20, которые также будут представлять собой USDT с привязкой к американскому доллару.

2019-3-5 23:18


Tether выпустит новый стейблкоин на блокчейне Tron

Эмитент стейблкоинов Tether и разработчик протокола Tron объявили о партнерстве, в рамках которого токен USDT будет запущен на блокчейне Tron. Об этом говорится на сайте Tether. Today we take the next step in our journey towards stablecoin mass adoption though the introduction of USDT on the @Tronfoundation blockchain. Read more about how Tron has become […]

2019-3-4 20:57


Tether выпустит токен USDT на базе стандарта TRC20

Разработчик блокчейн-протокола Tron и эмитент стейблкоинов Tether объявили о начале сотрудничества, в рамках которого токен USDT будет запущен в сети Tron. Об этом пишет Cointelegraph. We are making big steps to achieve decentralized finance with @Tether_to.

2019-3-4 20:41


Tron Making Moves as the Hype Doesn’t Look Like Stopping

Since the start of 2019, the Tron team have been releasing great news causing their TRX token to stay positive when the rest of the market was down. Tron has scaled the on the ratings of the top 10 Cryptos on Coinmarketcap moving from 10th to touching 6th taking over Litecoin and Tether two crypto […] The post Tron Making Moves as the Hype Doesn’t Look Like Stopping appeared first on ZyCrypto.

2019-1-31 11:22


Tron Defies Crypto Situation To Remain The Top Achiever In A Red Market As TRX gets set to Displace Tether (USDT)

Truth be told, things haven’t been looking attractive for much of the crypto market over the last 24 hours, but that leaves an exception: TRX.  While the rest of the cryptos on the general chart dip into the red, Tron seems to have found its inspiration from whatever market event that had triggered the red […] The post Tron Defies Crypto Situation To Remain The Top Achiever In A Red Market As TRX gets set to Displace Tether (USDT) appeared first on ZyCrypto.

2019-1-8 18:38


Bitcoin, Ethereum, XRP, Stellar, Tron | Price Analysis; A Game of Triangles

Besides from a Tether caused price spike, the cryptocurrency markets have been relatively stagnant during the month of October 2018. The total market cap of the entire industry is currently valued at around $209 billion, at the time of writing, falling a small $16 billion from the market cap peak of $225 billion seen in […] The post Bitcoin, Ethereum, XRP, Stellar, Tron | Price Analysis; A Game of Triangles appeared first on ZyCrypto.

2018-10-29 01:08


Итоги недели: Анализ цен на Bitcoin/Ethereum, хардфорк Monero и сделка TRON

За период прошлой недели капитализация рынка незначительно увеличилась, с $200 млрд. до $210 млрд. Максимальный рост капитализации произошёл в самом начале недели, в понедельник, 15 октября, при распродаже Tether (USDT) на фоне очередных слухов о недостаточном обеспечении. Максимум составил ...

2018-10-22 13:50


Exodus добавил поддержку Tron и Tether USDT

Разработчики  Exodus сообщили об окончании работы над версией 1. 60. 0 популярного криптовалютного кошелька, поддерживающего криптовалюты Tron, а также стейблкоина Tether (USDT). Об это было сообщено в официальном аккаунте в Твиттере.

2018-9-15 19:57


Кошелек Exodus включил поддержку Tron и Tether

Разработчики популярного криптовалютного кошелька Exodus сообщили о выходе версии 1. 60. 0, в которую включена поддержка криптовалюты Tron и привязанного к доллару США стейблкоина Tether (USDT). Exodus 1.

2018-9-14 13:40


Tether Prints 250 Million Tokens, Nearly Ousts Tron as 10th Largest Crypto

Popular stablecoin, USDT, pegged to the price of one U. S. dollar, has just granted another 250 million tokens, adding to the discussion surrounding this often controversial crypto asset. The Tether ‘Controversy’ Continues Despite its widespread use, Tether has been the topic of controversy within the cryptocurrency community, as users speculate about the legitimacy of the project.

2018-6-26 23:30


Фото:

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2018-6-20 13:13


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