Advertisement
AD

Main navigation

Justin Sun Targets 4 Bln Bitcoin on Tron as Tron-USDT Reaches This New Milestone

Advertisement
Thu, 1/10/2020 - 12:34
Justin Sun Targets 4 Bln Bitcoin on Tron as Tron-USDT Reaches This New Milestone
Cover image via www.instagram.com
Read U.TODAY on
Google News
Contents
Advertisement

Tron CEO Justin Sun has hinted that he ambitiously hopes to reach the milestone of 4 bln Bitcoins circulating on the Tron chain after this has already been reached by Tether's USDT.

Poloniex is the first to support BTC on Tron

On Sept. 30, Justin Sun took to his Twitter handle to share the news that Tron partner Poloniex will be the first platform to power the circulation of Bitcoin on the Tron ledger.

Sun suggested that any other exchanges that want to do likewise should get in touch with him to discuss it.

According to Tronscan, there are only 1,000 BTC circulating on Tron so far. Sun tweeted:

This is huge. 4 billion USDT on TRON. Image the same or even more amount Bitcoin on TRON!

Related
Ripple Job Offer Hints the Company May Start Building Distributed Trading Platform

Tron-USDT hits 4 bln milestone

The Tron Foundation CEO also shared the news that the circulating amount of USDT on the Tron chain now totals more than 4,000,000,000.

According to the Tether Transparency page, the precise amount of this asset is $4,245,584,534.

Tron
Image via Tether

However, the amount of USDT issued on Ethereum still exceeds that on Tron: $10,184,254,640.

Besides, earlier today, Tether CTO Paolo Ardoino tweeted that another inventory replenish was made to the Ethereum network: 150 mln USDT coins.

USDT on-chain fundamentals improve

According to data provided by Glassnode, several on-chain metrics related to USDT have improved over the past twenty-four hours.

That includes the number of USDT exchange deposits (up 61.4 percent) and the USDT median volume of transactions (2-day MA). The latter is now up 33.4 percent.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards
ElmonX Unveils ‘The Scream’ NFTs by Edvard Munch For The First Time Ever
World's First Bitcoin Layer 2 Conference to Unite East & West in Hong Kong, April 2024
Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Our social media
There's a lot to see there, too

Popular articles