Tron (TRX) Looking To Release New TRC-20 Token As Justin Sun Talks Big - Today's Gazette - Cryptocurrency, Bitcoin News
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Tron (TRX) Looking To Release New TRC-20 Token As Justin Sun Talks Big

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Tron (TRX) Looking To Release New TRC-20 Token As Justin Sun Talks Big

Tron (TRX) has continued to display its intention to take the drive towards adoption in a bullish way. The 10th ranked coin based on market cap has continued to release updates and developments keeping it in the limelight.

As one of the top coins with its mainnet Tron has continued to make developments into the releasing D’Apps on its network. With the aim to reduce the market share of Ethereum and become the number one blockchain network.

Tron (TRX) partners with Tether (USDT) to create TRC-20 token

Some few days Tron’s founder and CEO Justin Sun announced a partnership with the stable coin Tether (USDT). This unique partnership caught the eye of the crypto community due to the potential gains for both parties.

According to the details of the partnership, Tether (USDT) would be developing a token on the Tron blockchain network. This token is expected to be launched in the second quarter of the year and would be a stable token.

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This development would see Tron utilising the stable coin to improve transactions within their blockchain. It would also see the development of one of the first TRC 20 token on its platform.

Tron (TRX) Set To Gain With The Launch As Part Of 2019 Milestones

Tron (TRX) also takes advantage of Tether with the stable coin currently lying 8th on the list of top coins based on marketcap. The inclusion of USDT would provide a trusted stable coin on the Tron platform which would lead to more users on its platform

Tron (TRX) has managed to record some milestones in 2019 with the platform boasting more than 2 million users with an increased number of transactions processed in its network.

The launch of the coin in the second quarter of the year would work well for a coin that thrives on such publicity. It would be no surprise if the TRX undergoes a bullish run after the launch of the stable coin on its platform.

Also READ  Tron Community Yens addition of TRX on Uphold as Justin Sun’s Wiki Page Goes Live

Tron (TRX) Releases Second BitTorrent (BTT) Airdrop

Tron recently released its second airdrop on its newly acquired BitTorrent as the coin aims to attract more users from the popular torrent website. The airdrop which is the second airdrop on the schedule would see users receive 990,000,000 BTT.

The blockchain platform has yet to announce the date for the next airdrop but it should be sometime in the next few months.

Writer, editor and digital space observer with 5 years experience in the blockchain industry. Mail him at adeniji.olowo@todaysgazette.com.

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