TRON announced that TRXD by Carbon will be the first stable coin to be launched in the blockchain TRON. It is insured and covered by US dollars.

"We are excited to work with our partners on the launch of the user-friendly stable coins on TRON. It is an important milestone that will increase the availability of TRON to ordinary users,” said Justin Sun, founder of TRON and CEO of BitTorrent.

Unlike tether, users can buy and use TRXD on TRON via Carbon website.

In March, TRON announced that it would cooperate with Tether. Soon thereafter, iFinex, the parent company of Tether, got involved in a scandal regarding $ 850 million loss in client funds, and the partnership with this company has been postponed.