International authoritative media spotlight: Tron ecosystem welcomes its first RWA sector product stUSDT
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International authoritative media spotlight: Tron ecosystem welcomes its first RWA sector product stUSDT
stUSDT is the first RWA platform on the TRON network, providing every blockchain user with secure and fair access through decentralized smart contracts.
Navigating Web3 tides with focused insightsRecently, stUSDT—the first product in the RWA (real-world assets) sector within the TRON ecosystem—officially launched and is now operating through the decentralized platform JustLend. As another significant real-world event occurring on TRON, this news has been covered by leading international media outlets including Bloomberg, Yahoo Finance, CoinMarketCap, and CryptoSlate.
The extensive coverage of stUSDT’s launch by major international media highlights blockchain technology's application in real-world asset domains, the development of the crypto digital asset industry, innovations in DeFi, and the diversity of the TRON ecosystem. This attention brings greater recognition to the broader blockchain industry while also driving further technological and ecological advancement.
According to media reports, the stUSDT platform is the first RWA platform on the TRON network, providing every blockchain user with secure and fair access via decentralized smart contracts to interact with real-world assets. Its goal is to establish a decentralized RWA investment and management mechanism, ultimately bringing real-world assets into the TRON ecosystem.
The stUSDT token is a decentralized token that serves as proof of investment in real-world assets, enabling holders to earn income from real asset investments.
Justin Sun, founder of TRON and member of Huobi Global Advisory Board, stated that stUSDT will evolve into a crypto version of Yu'ebao. He believes that by bridging traditional markets and the blockchain ecosystem, stUSDT will offer cryptocurrency users more financial options.
Media commentary notes that stUSDT on TRON is positioned as the "Yu'ebao of Web 3." Its debut marks a new chapter in the potential replication of Alipay’s success story within the TRON ecosystem. Just as Alipay opened its market through payment services and then expanded its user base via Yu'ebao, TRON has solidified its global leadership in Web3 on-chain payment infrastructure and is now elevating its ecosystem to new heights with the launch of stUSDT.
It is reported that from July 10 to August 10, 2023, the stUSDT platform will run a promotional campaign offering an annualized yield of up to 10% (normally expected around 5%) to enhance users’ first experience with RWA on TRON. Users can also enjoy discounted redemption fees for stUSDT between July 3 and August 10, 2023.
Backed by TRON’s robust ecosystem, the stUSDT platform is committed to being user-centric. As a dynamic bridge between traditional finance and blockchain, it is expected to attract a large number of blockchain enthusiasts, further strengthen the TRON DAO, and promote the integration of blockchain with traditional finance. stUSDT aims to drive the next phase of growth in the blockchain industry. At the same time, it will serve as a cornerstone in building a financial gateway, ultimately helping all 8 billion people worldwide achieve financial freedom.
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