top | item 31351009

(no title)

zelag | 3 years ago

I'm curious: why does the banker use Tron as their main bank?

discuss

order

22c|3 years ago

Tron has huge backing and is essentially one of the "defacto" standards when centralised exchanges want to transfer huge amounts of USDT between one another.

Presumably it is due to cost efficency of TRON but I suspect it's also to do with highly effective marketing or strong industry contacts etc.

charcircuit|3 years ago

For reference there is 42.7B on Tron and 39.8B on Ethereum. Tron is not a "main bank", there is just more demand for Tether there. Compared to Ethereum Tron has 0 transaction fees for USDT and has much shorter block times.

pyinstallwoes|3 years ago

Probably because it’s not used by many so it’s fast enough for situations like this where ethereum is overwhelmed and slow/pricey.