Huobi Global and OKEx, two major crypto exchanges based in Singapore and Malta respectively have shown their support for Tron-based version of stablecoin Tether— USDT-TRON.

Tether and Tron (TRX) Partners

Early this month, Tether and Tron (TRX) announced a partnership which will lead to the development of a TRC-20-based USDT. According to the terms of the agreement, adherence to a technical token standard supported by the Tron blockchain is guaranteed.

The Tron based USDT is designed to sync easily with all Tron-based DApps and protocols. This will further help to improve liquidity in the ecosystem.

The two exchanges released a separate press statement addressing the support of this new version of token on their various platforms. According to the announcement, it was revealed that both Huobi Global and OKEx, now support three separate protocol versions of USDT — the Bitcoin network-based USDT-Omni, Ethereum-powered USDT-ERC-20 and the new USDT-TRON. This move is designed to further provide their platform’s users with a…

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