Major Crypto Exchanges Huobi Global and OKEx Launch Support for Tron-Based USDT
Cointelegraph
Published Mar 22, 2019 07:06AM ET
Updated Mar 22, 2019 07:23AM ET
Major Crypto Exchanges Huobi Global and OKEx Launch Support for Tron-Based USDT
Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin Tether. The developments were announced in two official announcements, both published on March 21.
In early March, blockchain protocol Tron (TRX) and Tether, issuer of stalwart stablecoins USDT and EURT, announced their partnership to issue a TRC-20-based USDT — a term that indicates adherence to a technical token standard supported by the Tron blockchain. The new token is designed to be interoperable with all Tron-based protocols and decentralized applications to improve liquidity in the ecosystem.
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Written By: Cointelegraph
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