Blockbank: Enables TRC20-USDT Deposits

Blockbank, an all-in-one DeFi and CeFi cryptocurrency app has now enabled TRON-based USDT deposits on their platform.

This was just after a few days announcing that TRX (TRON) was now live on their platform and it can be used to buy pairings with several cryptocurrencies such as BBank, Bitcoin, Ethereum and Tether just to name a few.

The partnership between Blockbank and TRON provides users with flexible options for digital asset transactions.

USDT (TRC-20) is a U.S. dollar-pegged stablecoin issued by Tether on the TRON blockchain

What is Blockbank?

Blockbank is an all-in-one digital asset app that bridges CeFi and DeFi technologies in just one place.

As mentioned on their Medium page:

Blockbank is on a mission to offer an AI-powered, traditional mobile banking experience with seamless crypto integration.

The all-in-one cryptocurrency app offers full-service banking with DeFi, a cryptocurrency wallet that allows storing assets, trading through APIs into CEX, and staking to earn rewards. They have their own native token called $BBANK token which is used to unlock several features on the Blockbank ecosystem such as cash backs, reduced fees, and many more.

Overall, the AI-powered platform caters to both seasonal and professional digital asset traders and aims to provide a product capable of addressing issues in the blockchain world.

Last year Blockbank signed an exclusive partnership with SKAEL, a US-based AI company.

What is TRON?

TRON is a blockchain-based decentralized platform founded by the former TRON CEO, Justin Sun in 2017 and it aims to create a free, global digital content entertainment system with distributed storage technology that allows easy and cost-effective sharing of digital content.

It has a native cryptocurrency called Tronix or TRX and the company is dedicated to building the infrastructure for a truly decentralized internet they have added blockchain support to different fields such as DeFi, NFT, and GameFi.

TRON and its TRC20 tokens are the authorized digital currency of the Commonwealth of Dominica.

For more news and updates, see Tron Spark.

Jino Tokieda

Meet Jino Tokieda, a skateboarder for over two decades and a proud father of two. Jino is a unique individual, as he is a Japanese Filipino, and brings a unique perspective to his writing. With over 21 years of experience in the skateboarding world, Jino has a wealth of knowledge and experience to share with others. In addition to his skateboarding career, Jino has also worked as an account executive for a global photography company, giving him a diverse background and a unique perspective on the world. Since 2020, Jino has been writing articles for Tron Spark and has been involved with the TRON crypto community for a few years. With his vast knowledge and experience, Jino is sure to provide valuable insights and information to his readers.