ABCC Exchange to be 1st to List TRC-10 Tokens

TRC-10 is a token standard supported by the original TRX cryptocurrency blockchain
16 January 2019   2542

ABCC cryptocurrency exchange has entered into a partnership with the Tron project and will be the first platform to list for TRC-10 tokens.

This is stated in the ABCC tweet, the news was also confirmed by the founder and CEO of Tron Justin San.

As stated in the developer guide, TRC-10 is a token standard supported by the native Tron cryptocurrency blockchain (TRX) without deploying the Tron virtual machine (TVM).

At the same time, the TRC-20 standard token is used for smart contracts with TVM support and is fully compatible with the ERC-20 standard tokens on the Ethereum platform.

Earlier it was reported that the standard token TRC-10 will form the basis of BitTorrent Token (BTT). The project also plans a tokesale on the Launchpad platform from the Binance exchange.

Last week, the TRX cryptocurrency came in 9th place in terms of capitalization, bypassing the Bitcoin SV.

As of Wednesday morning, January 16, the TRX price, dropping 3.97% over the day, was $ 0.024. Cryptocurrency capitalization was $ 1.622 billion.

Tether to Issue TRON Blockchain Based USDT Tokens

At the moment, a number of large platforms, including Bitfinex, OKEx, Gate.io and Huobi, have announced their readiness to list new token
18 April 2019   119

Issuer of Tether began to issue USDT coins based on the Tron blockchain. This is reported by the head of the Tron Foundation Justin Sun announced on Twitter.

He also urged the exchanges and cryptowallets to support the initiative. A number of large platforms, including Bitfinex, OKEx, Gate.io and Huobi, have announced their readiness to list new asset.

In addition, as Justin Sun said, the first investors will receive a reward for converting USDT on Bitcoin or Ethereum blockchains in the TRC-20 standard USDT - 20 million USDT will be distributed as additional interest payments within 100 days.

Tether and Tron announced a partnership in early March. As Tether CEO Jean-Louis van der Velde said at the time, Tron-USDT will be the next step in the company's development and demonstrates its commitment to spreading innovation in the cryptocurrency space and striving to meet the needs of the community formed around digital assets.