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TON-Based Wallet to Support Crypto Assets on TRON

September 23, 2024
in Altcoin
Reading Time: 2 mins read
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TON-Based Wallet to Support Crypto Assets on TRON
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MyTonWallet, a TON network-based wallet, says it would support TRX, USDT, and other crypto assets using the TRC-20 token standard. MyTonWallet is one of multiple wallets operated by The Open Network (TON)’s ecosystem. A statement from the wallet platform said Monday it would integrate Tron to support assets within its network, including the native TRX.

The MyTonWallet team said it is the first wallet in the TON ecosystem to integrate Tron-based assets. “Managing assets across multiple blockchains is becoming increasingly vital for users, and this initial integration is just the beginning,” MyTonWallet founder Alexander Zinchuk said. The MyTonWallet team believes this move “lays the foundation” for blockchains to work together in the future.

Additionally, Zinchuk also added how the move will lead to better adoption for the TON ecosystem. “By 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.”

Ton Wallet To Integrate More Cryptocurrencies In The Future

Also Read: Cryptocurrency: 3 Evergreen Coins To Buy For Occasional Gains

Furthermore, the TON Wallet team also noted that TRON isn’t the last integration of its kind for other crypto assets. Indeed, MyTonWallet will further enhance its cross-chain capabilities in the future. The team plans to enable swaps and add support for other blockchains, including the BNB Smart Chain, Solana, and Ethereum.

MyTonWallet isn’t the first wallet of its kind in the crypto space to practice this interfunctionality. The crypto ecosystem has become much more collaborative in recent times. In August, Ethereum co-founder Vitalik Buterin unveiled plans to solve interoperability issues on the Ethereum blockchain. Bitcoin developer Jeff Garzik also recently founded a protocol that aims to “unite” the Bitcoin and Ethereum blockchains using a feature called tunneling. With the help of popular exchanges like Coinbase and Binance, token networks are working closer than ever, uniting the crypto space.

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