The Tron network is reaching new levels of acceptance and adoption, as the number four exchange based on market cap is about to accept the Tron stablecoin USDT-Tron. OKex will support Tether’s stablecoin on the Tron network. USDT-Tron will launch in April and allows investors to trade their crypto for tokenized dollars.
OKex is the first centralized exchange to openly accept the Tron version of USDT. Even though it’s likely that crypto exchange Bitfinex, which is somewhat like a sister-company of Tether, will also accept the tokenized dollars on the Tron network. Most liquidity for USDT-Tron is to be expected on the many decentralized exchanges on the Tron network.
The introduction of such a major stablecoin project on the Tron network, is considered a major leap. Tron is already outpacing Ethereum in terms of growth, and it’s likely that it will surpass Ethereum at one point. Especially considering Tron’s focus on the entertainment industry.
Tron has always been positioned as an entertainment project. CEO Justin Sun is actively flirting with gaming companies to make them build games on the Tron blockchain. On top of that the company bought BitTorrent and is soon launching blockchain-powered features for the file sharing protocol.
Also published on Medium.