1 billion USDT worth TRC20 swapped for ERC20, 20 million USDT worth TRC20 swapped for AVAX. Tether is stated to process around 300 million worth of redemption every day. Tether is a centralized stablecoin, its value is pegged to 1 USD. The current market scenario has caved a fear in
The purchase of TRX comes on the heels of the LFG’s recent purchase of BTC. There are currently 80,494 BTC and $100 million in AVAX in LFG’s possession. Tron’s USDD stablecoin initiative follows Terra’s UST reserve model, which is growing more popular. In addition, Tron’s algorithmic stablecoin project has recently
Geneva, Switzerland / May 5 / – The TRON DAO Reserve has announced Alameda Research as the first Member and Whitelisted Institution to mint Decentralized USD (USDD), a fully decentralized stablecoin underpinned by mathematics and algorithms. The TRON DAO Reserve aims to support the global blockchain industry and crypto market,
Geneva, Switzerland / May 5 / – H.E. Justin Sun, Founder of TRON, has announced the launch of USDD through the TRON DAO Reserve on Thursday, May 5. SunSwap, Uniswap, PancakeSwap and Ellipsis, are among the first to have listed USDD. The initial total supply will be 66,560,006.61 on TRON,
Geneva, Switzerland, 4th May, 2022, TRON has announced its intentions to explore investment opportunities and promote blockchain technology in Suriname. Delegates from the TRON network visited President Chandrikapersad Santokhi on Thursday, April 28, to introduce its blockchain ecosystem. TRON is one of the leading global blockchains with over 90
Geneva, Switzerland / April 28 / – TRON has announced the allocation for the $1,111,111,111 ecosystem fund they revealed in November 2021. The fund was established to foster the growth and development of the TRON ecosystem over 10 years. TRON has been a long-time proponent of the decentralization of the
Singapore, Singapore / April 25 / – H.E. Justin Sun, Founder of TRON, hosted the mainnet APENFT Marketplace launch livestream event on Friday, April 15. The Game Changer-themed event was broadcast in real-time on YouTube, DLive, and Cryptovoxels TRON HQ, marking TRON’s first livestream in the metaverse. During the livestream,
Singapore, Singapore, 26th April, 2022, – H.E. Justin Sun, Founder of TRON, hosted the mainnet APENFT Marketplace Launch livestream event on Friday, April 15. The Game Changer-themed event was broadcast in real-time on YouTube, DLive, and Cryptovoxels TRON HQ, marking TRON’s first livestream in the metaverse. During the livestream,
Decentralized stablecoin-USDD launch news gave a huge boost to a fresh reversal surge. TRON has been down 2.52% in the last 24 hours. As a result of Justin Sun’s announcement that he aims to establish a decentralized algorithmic stablecoin-USDD, the TRON (TRX) price surged by 13 percent on April 21.
Geneva, Switzerland, 22nd April, 2022, Chainwire H.E. Justin Sun, Founder of TRON, announced today in an open letter on Twitter that an all-new stablecoin is launching on the TRON blockchain, USDD (or Decentralized USD), marking its official entry into the field of decentralized stablecoin. TRON DAO will partner with
