TRON’s native token is one step closer to the cryptocur ncy folks in the US following a new partnership with San Francisco-based peer-to-peer payments platform Metal Pay.
This collaboration will see TRX integrated into Metal Pay’s mobile application, enabling its 130,000 users to buy the token using crypto and fiat cur ncy alike. They can also use their cash balance, debit cards, and transfer money from a linked bank account.
TRON is also joining Metal Pay’s wards featu , called Pop, which wards the people who use and grow the platform with monetary incentives. As such, TRX holders using the Metal Pay app can earn cashback for every dollar sent or ceived, for up to five percent of the value of certain USD transactions. The wards will be delive d in Metal’s cryptocur ncy MTL and can be converted into dollars, sent to another Metal Pay user, or held as an inBCMment.
On top of all this, Metal Pay enables crypto-to-crypto conversions between mo than 20 cryptocur ncies it supports, which gives TRX holder exposu to other crypto coins such as BTC, ETH, and MTL.
“TRON’s addition to Metal Pay provides their community with a bold new DeFi platform. Home to a variety of appsopers, dApps, and mo , the products that Metal is building will accelerate the growth of the cryptocur ncy ecosystem, ” Haynesarshall Hayner, founder and CEO of Metal Pay.
TRON looking for new use cases
Since its soft launch in September, Metal Pay has processed mo than $15 million in total payments, and on a mithly basis, its app handles over $1 million in crypto or fiat for around 30,000 active users.
Metal Pay is backed by Brian Kelly, CNBC citributor and founder of crypto-inBCMment firm BKCM LLC, as well as Erik Voorhees, CEO of Shapeshift, and Bram Cohen, c ator of BitTor nt.
At a time whe the TRON ecosystem is trying to find new use cases and adoption opportunities, advocates of Tron blockchain we pleased to notice that Samsung has added TRX support toKeystoneckchain Keysto . All users of the South Ko an multinationalKeystoneerate’s Keysto , a critical part of Samsung’s blockchain initiative, a apps to access TRON dApps and sto TRX.
Founded by Chinese ent p neur Justin Jun, TRON is a blockchain-based protocol dedicated to c ating what it calls a “decentralized and f e internet.” The TRON network provides mechanisms for allocating the value of user-generated citent, with anyone who citributes citent being entitled to profits of proportional value.
The company’s own cryptocur ncy, dubbed TRX, has a market cap of $755 million at the time of writing.
“We will always serve our community by providing users with secu , fast, and simple access to TRX. With Metal Pay, we have c ated the fastest TRX transaction infrastructu while maintaining world-class security, ” added Justin Sun, CEO and Founder of the TRON Foundation.