“More than 13,000 ATMs will support the crypto-fiat swaps as TRON seeks to seal its status as versatile digital cash for the people.”
The tentacles of the TRON ecosystem continue to extend their reach across the globe. The latest endeavor has seen TRON join forces with MeconCash, making TRX and JST exchangeable for Korean Won at cash points across the country.
TRON and its native TRX currency have broad support across Asia, where Justin Sun can be found actively extolling the virtues of the blockchain ecosystem he founded and its forthcoming upgrade.
TRON 4.0will bring privacy features, greater scalability, and customizable side chains for enterprises. In the here and now, though, TRONS users are still primarily consumers who utilize TRX to interact with dApps on the network, trade on exchanges, and purchase goods and services.
According to TRON’s official channel, TRON’s can now be withdrawn from thousands of ATMs in South Korea. Citizens of the tech-savvy and crypto-crazynation now can swap TRX and JST for the local Won as and when they need to.
MeconCash is a cryptocurrency platform that’s used for payments, rewards, and digital transactions. It enjoys deep integration into ATMs, gaming applications, mobile services, and e-commerce within the country. It’s also used for payments at several leading cosmetic clinics within the country.
TRX holders can now plug into this ecosystem, making their digital assets spendable at businesses up and down the country.
JST is the governance token of the crypto collateralized lending system that’s being built on TRON. It performs several roles, including paying interest, platform maintenance, and participating in governance through voting, making it part of a $2.6B vertical based around on-chain governance.