Altcoin News: Justin Sun Postponed the Launch of the USDT Holders Rewards on the Tron Blockchain

May 1, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The founder of the crypto-project Tron, Justin Sun, announced the transfer of the incentive program for the USDT holders, who will support the migration of stablecoin to the blockchain, which is being developed by his company.

“ Given the recent news about both Bitfinex and Tether, I will be postponing our planned USDT rewards program until more information becomes available,” he wrote, adding that this decision was not easy for him.

It was assumed that the program will start on May 7 and will allow paying $20 million as an airdrop to USDT-TRON holders.

USDT technical support on the Tron blockchain will not be stopped, and users can still perform the transfer of stablecoin tokens based on the Omni protocol.

“In any case, I believe that the stablecoins will continue to play an important role in the blockchain space,” added CEO of Tron.

San said earlier that he had high hopes for the prospects for integrating the USDT into the ecosystem of his project.

Author: Marko Vidrih