BitGo now supports USDC (TRC20) and USDT (TRC20) on the TRON Network for hot wallets and qualified custody!

What is TRON (TRX)?

TRON is a Layer 1 blockchain that aims to offer high throughput, scalability, and availability for decentralized applications (dApps). Since its launch in June 2018, the TRON blockchain has one of the highest number of decentralized applications along with the Ethereum network. It uses a delegated Proof-of-Stake (DPoS) consensus algorithm to validate transactions and has the capacity to process 2,000 transactions per second. The network is run by individual users who elect “super representatives” to validate transactions, earning fees for their services.

The ecosystem provides essential tools for developers to build, including:


1. A tooling system that helps developers easily set up and control TRON nodes and services
2. A TRON wallet to store TRON assets
3. A Blockchain explorer to track activity on the blockchain

History of TRON (TRX)

TRON was created by Justin Sun in 2017 and the TRON Foundation was established in Singapore that same year. In 2017, TRON raised $70 million through an initial coin offering. By March 2018, TRON had launched its testnet, blockchain explorer, and web wallet. In May 2018, TRON released its mainnet, the Odyssey 2.0, which was a major technical achievement. In June 2018, TRON changed its protocol from running on Ethereum to an independent peer-to-peer network. In July 2018, TRON announced that it had completed the acquisition of BitTorrent, a file sharing service. This acquisition marked TRON’s independence and the creation of the Genesis block.

Get Started

For certain existing BitGo clients:To start custodying TRC20 assets, head to the wallet dashboard and create a “TRON” wallet.For prospective clients:To learn more about BitGo’s offerings, including TRON, schedule time with our team.

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian. For more information, please visit www.bitgo.com.

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