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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/tron-advances-bitcoin-layer-2-solution-to-boost-liquidity-and-interoperability/" data-wpel-link="internal">Tron Advances Bitcoin Layer-2 Solution to Boost Liquidity and Interoperability</a><br></p>
<p class="p1" style="text-align: justify">Layer-1 blockchain network <strong><a href="https://coin-turk.com/trona-bir-darbe-de-disneyden-geldi" data-wpel-link="internal">Tron</a>,</strong> is working on a <a href="https://en.coin-turk.com/bitcoin-btc-and-crypto-markets-face-downward-correction-threat-says-analyst/" data-wpel-link="internal">Bitcoin</a> Layer-2 solution that will support a “wrapped” version of <a href="https://en.coin-turk.com/unveiling-the-dynamics-of-stablecoins-tether-usdt-dominates-amid-shaky-economic-climate/" data-wpel-link="internal">Tether</a> and potentially allow billions of dollars in liquidity to flow into the <a href="https://coin-turk.com/tecrubeli-analist-bitcoin-alma-zamani-gelmis-olabilir" data-wpel-link="internal">Bitcoin</a> ecosystem. In February, <a href="https://en.coin-turk.com/challenging-days-ahead-for-tron-as-profitability-sparks-concern/" data-wpel-link="internal">Tron</a>‘s founder Justin Sun revealed a roadmap for Tron’s Bitcoin Layer-2 solution in a tweet; this solution will enable the movement of stablecoins and tokens between Tron and Bitcoin.</p> 
<h2 class="p1" style="text-align: justify" id="tron-team-s-noteworthy-move">Tron Team’s Noteworthy Move</h2> 
<p class="p1" style="text-align: justify">According to Sun, this integration will not only directly connect TRON to <strong>Bitcoin</strong>, but also facilitate access to over $55 billion in value, thereby injecting financial vitality into Bitcoin. A Tron spokesperson discussed the plans, likely including the creation of a wrapped version of USDT. Tron’s network currently hosts over half of the $104 billion of USDT issued across multiple blockchain networks.</p> 
<p class="p1" style="text-align: justify">The integration is expected to attract new users to the Bitcoin ecosystem and particularly expand the network’s use cases in the decentralized finance sector. Sun stated that the Bitcoin Layer-2 solution would allow TRON-based tokens to interact and work seamlessly with Bitcoin.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-332654" src="https://coin-turk.com/wp-content/uploads/2024/03/sun-tweet.webp" alt="" width="500" height="365"></p> 
<p class="p1" style="text-align: justify"><strong>Tron</strong> spokesperson mentioned that the plan is still at the concept stage but is likely to proceed. For now, the firm will utilize existing cross-chain protocols to bridge USDT and other tokens between Bitcoin and Tron. Part of Tron’s plan also involves collaborating with various Bitcoin Layer-2 protocols.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-332653 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/tron.jpg" alt="" width="750" height="424"></p> 
<h2 class="p1" style="text-align: justify" id="notable-details-on-the-process">Notable Details on the Process</h2> 
<p class="p1" style="text-align: justify">USD Coin, a stablecoin rival to Tether, may be a different story due to issuer Circle halting USDC minting on Tron in February. A Tron spokesperson said that the recent increase in community interest in expanding Bitcoin’s functionality and scalability was one of the main reasons for considering a Layer-2 solution. They added that developing decentralized applications on Bitcoin, with fees in Bitcoin, could potentially improve Bitcoin’s price dynamics as well.</p> 
<p class="p1" style="text-align: justify">Meanwhile, Tron’s decentralized autonomous organization, TRON DAO, is also working to create a user-friendly wallet and toolset to support Bitcoin-based Ordinals and BRC-20 tokens. In January, cryptocurrency investment firm CoinShares predicted that a Bitcoin-based stablecoin could emerge in 2024, potentially competing with other stablecoins in speed and cost.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/tron-advances-bitcoin-layer-2-solution-to-boost-liquidity-and-interoperability/" data-wpel-link="internal">Tron Advances Bitcoin Layer-2 Solution to Boost Liquidity and Interoperability</a></h5>

Tron Advances Bitcoin Layer-2 Solution to Boost Liquidity and Interoperability

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