TRXD, the stablecoin on the TRON blockchain
TRXD, the stablecoin on the TRON blockchain

TRXD, the stablecoin on the TRON blockchain

By Alfredo de Candia - 24 Jun 2019

Chevron down

A few days ago, the Carbon team officially announced in a tweet the launch of a new stablecoin pegged to the US dollar, TRXD on the Tron blockchain.

Fintech Carbon will launch the first stablecoin certified by the FDIC, the Federal Deposit Insurance Corporation, a cryptocurrency pegged to the US dollar on the Tron blockchain.

With regard to this collaboration, Justin Sun, CEO of Tron, explained:

“We are excited to collaborate with all partners to launch user-friendly stablecoins on Tron. These are important milestones for making Tron more accessible to mainstream users”.

The TRXD stablecoin will be available on the Carbon website where users will be able to use the ACH (Automated Clearing House) deposit system so as to have a fluid and automatic procedure; in addition, this new stablecoin will join CarbonUSD which is already live on Telos, Tron, EOS and Ethereum, with investors such as FirstMark, General Catalyst, DCG and many others.

Tomorrow the CEO of Tron will also hold a live stream, during which he will be able to answer various questions from users, both regarding the Tron blockchain and the network upgrade, as well as the inevitable questions about the new BTT token used by BitTorrent.

The live stream will start tomorrow, June 25 at 7 PM PDT.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.