Skip to main content

TRON, the blockchain-based decentralized platform founded by Justin Sun, and its TRC20 token has become the authorized digital currency of the country of Dominica.

Asides from the TRX, other TRC20-based tokens have been granted authorized digital currency and medium of exchange.

The government of Dominica may accept TRON for public service payments including tax payments when and where the necessary infrastructure for TRON is available. This also includes TRON being used for goods and services payments.

TRON would be available for exchange with the East Caribbean Dollar and rates would be determined by the market price.

The country of Dominica also selected TRON to develop and issue their very own Dominica Coin (DMC) and made TRON the national blockchain of the said country.

What are the accepted TRON tokens in Dominica?

Here is the list of the TRC20 tokens granted by the government of Dominica for authorized digital currency and medium of exchange:

  • TRON (TRX)
  • BTT (BitTorrent)
  • JST (JustToken)
  • USDD (Decentralized USD)
  • USDT (Tether)
  • TUSD (TrueUSD)

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 and 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 which they have added blockchain support to different fields such as DeFi, NFT, and GameFi.

This is one of the biggest news for TRON this year and having the status as an authorized digital currency for a country is always a good thing and this create more opportunities for TRON to expand to other countries.

Do you see TRON be an authorized digital currency for other countries? Let us know in the comments section below.

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.

TRON: The Authorized Digital Currency of Dominica