HomeNewsTRON Revolutionizes Asset Tokenization: Introducing stUSDT for Real World Asset Participation

TRON Revolutionizes Asset Tokenization: Introducing stUSDT for Real World Asset Participation

- Advertisement -
  • TRON has introduced its first Real World Asset (RWA) product, stUSDT, via the decentralized platform, JustLend.
  • Justin Sun, TRON founder and member of Huobi’s global advisory board, believes that stUSDT will serve as a bridge connecting traditional markets to blockchain ecosystems.

TRON, a dominant force in the blockchain universe, has unveiled its inaugural Real World Asset (RWA) product, stUSDT, on the decentralized platform, JustLend. This new asset product will be operational from July 10 to August 10, 2023, during which stUSDT will offer an enhanced Annual Percentage Yield (APY) of up to 10%, to enrich users’ initial experience with RWAs on TRON.

- Advertisement -

Justin Sun, TRON’s founder and member of Huobi’s global advisory board, envisions stUSDT as the blockchain counterpart of Alipay’s Yu’e Bao, a successful money market fund product from Alibaba. Sun sees stUSDT playing a pivotal role as a link between traditional financial markets and blockchain ecosystems, thereby empowering crypto users with more choices.

stUSDT: A Crucial Catalyst for TRON’s RWA Endeavors

With a significant global user base and a $50 billion stablecoin market cap, the launch of stUSDT, the first TRON-based RWA product, has stirred considerable anticipation in the industry. stUSDT is destined to be a foundational stone for TRON’s RWA aspirations and aims to be a financial gateway for 8 billion people worldwide.

>> Buy TRON quickly and securely with PayPal, credit card or bank transfer at eToro with low fees and deposit protection. Get started with TRX now. Visit Website <<

- Advertisement -

The stUSDT platform is dedicated to bridging the gap between retail and institutional investors while connecting the crypto world with the real world. stUSDT provides equitable opportunities for all to invest in RWAs, making it the first endeavor in the TRON ecosystem to tokenize RWAs and introduce them to the community.

Analogous to stETH on the Lido protocol, stUSDT is a decentralized token that serves as proof of investment in RWAs, enabling holders to earn passive income from real-world assets. The ultimate goal of stUSDT is to optimize return opportunities for on-chain users from real-world assets.

The stUSDT project is operated by JustLend DAO under a custody agreement with RWA DAO, and aims to stimulate the organic growth of stUSDT in TRON’s ecosystem, which holds the largest circulating supply of USDT (over $46 billion) and has a Total Value Locked (TVL) second only to Ethereum.

Uniting the Physical World with Web3

The TRON-based stUSDT is positioned as the Web3 equivalent of Alipay’s Yu’e Bao. stUSDT enables users to earn passive incomes and withdraw their assets at any time while enjoying the transparency, security, and immutability brought by blockchain technology.

stUSDT, supported by TRON’s robust ecosystem, promises to be a dynamic bridge between traditional finance and blockchain, thereby attracting a new mass of blockchain enthusiasts and expanding the TRON DAO community. The platform is committed to further facilitating the integration of blockchain with traditional finance, aiming to propel the next stage of growth in the blockchain industry.

About stUSDT stUSDT.io is the first RWA platform on the TRON network, designed to provide a secure and equitable channel for every blockchain user to engage with real-world assets through decentralized smart contracts. The platform’s token, stUSDT, serves as a decentralized token and a proof of investment in real-world assets, enabling its holders to earn passive incomes.

Best Crypto Exchange for Everyone:

  • Invest in TRON and 70+ cryptocurrencies and 3,000 other assets.
  • 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
  • Copy top-performing traders in real time, automatically.
  • Regulated by financial authorities including FAC and FINRA.

2.8 Million Users

Get Started


- Advertisement -
ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
- Advertisment -spot_img