Stablecoin USDT Launched on Tron Blockchain

Cointelegraph

Published Apr 18, 2019 06:30PM ET

Updated Apr 18, 2019 06:42PM ET

Stablecoin USDT Launched on Tron Blockchain

Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17.

The development is an upgrade from the OMNI protocol-based USDT — which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer the cryptocurrency through smart contracts on Tron ensuring instant delivery.

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