HomeNewscoinquora.comTRON Blockchain Now Supports TRC-20 Based Tokens on CoinPayments

TRON Blockchain Now Supports TRC-20 Based Tokens on CoinPayments

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  • CoinPayments Net has added support for TRC-20 tokens.
  • TRON merchants can now accept TRC-20 based USDT, TUSD, USDC, and other tokens on the TRON blockchain.

Global crypto payment gateway company, CoinPayments, has added an upgrade to its systems. In light of this, the digital payments solution announced it has added support for TRC-20 tokens. With this addition, merchants can now admit TRC-20 based USDT, USDC, TUSD, and other tokens on the TRON blockchain.

TRON Foundation shared their delight in a tweet:

Invariably, the TRON Foundation has dedicated its base to building a truly decentralized Internet since its inception in 2017.  Furthermore, being one of the leading blockchain-based operating systems in the world, TRON supports a large number of users.

CoinPayments Explained

In detail, CoinPayments is a payment platform that enables its users to easily transact with more than 2,200 different cryptos.  To add on, the crypto software is a real-time global payment platform that has a low processing fee of only 0.5%.  Further, CoinPayments enables fiat conversions and has reduced risk with no chargebacks.

Along with this, accepting payments in USDT, TUSD, USDC, or any other TRC-20 token will now be easier with CoinPayments. At the moment, TRC-20 USDT is one of the most popular stablecoins issued by Tether on the TRON network.

On this note, TRC-20 based USDT is fitted with TRON-based protocols and decentralised applications (DApps). Also, TRC-20 USDT grants users access to carry out transactions.  Further, fiat pegged currencies can be exchanged across the TRON Network. 

Suffice to say, this is a step in the right direction for TRON. Even more, TRON Foundation now offers full support for TRON-based tokens through their payment plugins and APIs. Currently, CoinPayments is active in over 190 countries and serves more than 70,00 vendors globally.



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