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Tether Coordinates With Huobi Amid FUD About TRC20 On January | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News

Tether Coordinates With Huobi Amid FUD About TRC20

On January 13, 2023, Tether announced to coordinate with Justin Sun’s Huobi exchange to perform a chain swap, converting from Ethereum ERC20 to TRON TRC20, amidst some FUD about TRC20 in the Chinese market. The story has begun when Wu Blockchain reported on January 12 that some OTC merchants in the Chinese market said that they no longer accept TRC20 USDT, and need users to go to the exchange to exchange for ERC20 USDT before trading. Tether team released on Twitter that Tether announced coordination with the Huobi exchange, converting from Ethereum ERC20 to TRON TRC20

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