{"id":94386,"date":"2024-09-23T10:01:49","date_gmt":"2024-09-23T14:01:49","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=94386"},"modified":"2024-09-23T10:06:46","modified_gmt":"2024-09-23T14:06:46","slug":"ton-wallet-to-support-crypto-assets-on-tron","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ton-wallet-to-support-crypto-assets-on-tron\/","title":{"rendered":"TON Wallet To Support Crypto Assets on Tron"},"content":{"rendered":"\n

MyTonWallet stated that it will support TRX, USDT, and other crypto assets <\/a>that use the TRC-20 token standard.<\/p>\n\n\n\n

\"TON<\/figure>\n\n\n\n

On September 23, the self-custodial wallet MyTonWallet, part of The Open Network (TON)\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> ecosystem, announced it would begin supporting crypto assets on the Tron blockchain. <\/p>\n\n\n\n

This includes the native Tron token, Tether, and other tokens based on the TRC-20 standard.<\/p>\n\n\n\n

The MyTonWallet team emphasized that this integration makes it the first wallet within the TON ecosystem to support Tron-based assets.<\/p>\n\n\n\n

Foundation for Interoperability<\/h2>\n\n\n\n

The team highlighted that this move \u201clays the foundation\u201d for blockchain interoperability. MyTonWallet\u2019s founder, Alexander Zinchuk, pointed out the growing importance of managing assets across multiple blockchains, stating:<\/p>\n\n\n\n

\n

\u201cManaging assets across multiple blockchains is becoming increasingly vital for users, and this initial integration is just the beginning.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Zinchuk also mentioned that the integration would help increase adoption of the TON ecosystem. He added:<\/p>\n\n\n\n

\n

\u201cBy integrating with other major networks like Tron, we aim to bridge ecosystems and open up the TON network to a broader audience, driving greater adoption and accessibility.\u201d<\/p>\n<\/blockquote>\n\n\n\n

The wallet\u2019s team also announced plans to improve cross-chain capabilities further, with future support for swaps and additional blockchain integrations, such as Binance Smart Chain, Solana, and Ethereum.<\/p>\n\n\n\n

Crypto Space's Push Toward Interoperability<\/h2>\n\n\n\n

This announcement aligns with the broader push for blockchain interoperability in the crypto space. <\/p>\n\n\n\n

On August 6, Ethereum co-founder Vitalik Buterin shared plans to address interoperability issues on Ethereum, hinting that solutions might be closer than expected.<\/p>\n\n\n\n

On September 18, decentralized exchange aggregator 1inch Network launched \u201cFusion+,\u201d a cross-chain swap solution that combines both onchain and offchain liquidity to facilitate swaps. <\/p>\n\n\n\n

Using atomic swap technology, Fusion+ ensures that failed transactions return all funds to their original holders.<\/p>\n\n\n\n

Additionally, Bitcoin developer Jeff Garzik introduced a protocol designed to connect the Bitcoin and Ethereum<\/a> blockchains through a feature called tunneling. <\/p>\n\n\n\n

Hemi Network\u2019s Chief Technology Officer, Max Sanchez, explained that this technology allows users to transfer Bitcoin assets to the Hemi Network and then to Ethereum, eliminating the vulnerabilities associated with traditional bridging technology.<\/p>\n","protected":false},"excerpt":{"rendered":"

MyTonWallet stated that it will support TRX, USDT, and other crypto assets that use the TRC-20 token standard. On September 23, the self-custodial wallet MyTonWallet, part of The Open Network (TON) ecosystem, announced it would begin supporting crypto assets on the Tron blockchain. This includes the native Tron token, Tether, and other tokens based on […]<\/p>\n","protected":false},"author":56,"featured_media":94389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[202,10864,144,353],"class_list":["post-94386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blockchain","tag-ton","tag-tron","tag-wallet"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/TON-Wallet-To-Support-Crypto-Assets-on-Tron.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/94386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=94386"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/94386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/94389"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=94386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=94386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=94386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}