What is TRX Coin?

What is TRX Coin? According to the latest news, TRX Coin is an ERC20 token base

What is TRX Coin?

What is TRX Coin? According to the latest news, TRX Coin is an ERC20 token based on the Ethereum network. It is issued and used on the Bitcoin network and developed based on the stable currency Tether (USDT) pegged to the US dollar.

According to the official introduction, TRX is a decentralized digital asset platform launched by Tether. The project’s technical team has reduced transaction fees on the Bitcoin blockchain by more than 50%. Currently, over 1 million users have participated in the testing of this project. According to information on the official website, TRXB was initiated, operated, maintained, and destroyed by Tether in April 2018. The total supply is 200 million coins, with 100 million already transferred to Bitfinex exchange for public sale, totaling $300 million in circulation.

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