The issuer of stablecoins Tether Limited has issued the first fiat-backed USDT tokens on the TRON blockchain.
Thrilled to announce that the first 10 $USDT has been issued in #TRON #blockchain. This is a huge milestone for stablecoin and a new beginning for #USDT. For partner, exchanges and wallets, feel free to support it. #TRX #BTT Check out: https://t.co/AM8cK0pqrP pic.twitter.com/pYnSnYBOQs— Justin Sun (@justinsuntron) April 16, 2019
Sun urged cryptocurrency exchanges and digital wallets to support the initiative. At the moment, Bitfinex, OKEx, Gate.io and Huobi have announced they are ready to support the initiative.
Meanwhile, Sun also announced his intention to reward USDT-TRON’s early holders with 20 million USDT within 100 days.
The awards will be distributed in the form of additional interest payments for converting USDT on Bitcoin or Ethereum blockchains in the USDT of TRC20 standard.
Earlier, Tether and TRON entered a cooperation agreement to issue USDT on TRON's network.
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