An example of a cryptocurrency that uses TRC20 or USDT-TRON standard is Tether’s USDT that is launched on the TRON blockchain network.
According to the announcement, the TrueUSD (TUSD) TRC20 Network integration will allow Binance to support TRC-20 tokens for deposits as well as the withdrawals of USD Coin (USDC) and Tether (USDT).
The integration further means that USDC and USDT will need 20 block confirmations; something that will require about one minute.
With its cheaper transaction fees and faster transaction times as compared to the other stablecoins on other blockchains, TRC-20 stablecoins have had a great impact on the crypto market since their launch.
Binance has been constantly updating its trading platform with new features that are ideal for its users with TRC-20 being the latest update.
Early last week, Binance integrated STEPN (GMT) ERC20 allowing users to use the token for deposits and withdrawals.
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