Trust Wallet Burns 89B TWT, TWT Available on Binance Smart Chain Now

Trust Wallet moved its TWT tokens to Binance Smart Chain, a move it claims to provide more strength to TWT while simultaneously leveraging the Binance ecosystem. In a surprising move, the Trust Wallet project backed by Binance Smart Chain announced its new token burn on Saturday, October 3. The project announced that it will be burning 89 billion native TWT tokens worth a whopping $2.3 billion. The total supply for TWT tokens is 90 billion. However, the supply of the circulating tokens was less than 1%. Hence, Trust Wallet reduced…