What currency is TRX?

What currency is TRX? According to the latest news, TRX is a token pegged to th

What currency is TRX?

What currency is TRX? According to the latest news, TRX is a token pegged to the US dollar at a 1:1 ratio. Its value is entirely based on the ERC20 protocol standard issued on the Ethereum blockchain.

In order to solve the problems of high transaction fees and price volatility, TRX uses a form of payment called “stable fee” from the very beginning. When the transaction fee is lower than 1 cent, the transaction will be destroyed and returned to the user, without any interest. Due to the presence of many stable fee projects and systematic risks in the current market, real-time transfers are not possible.

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