Summary
- It was reported that World Liberty Financial has completed the official debut of the USD1 stablecoin on the Tron network.
- Founder Justin Sun stated that this issuance marks a significant leap for the stablecoin market.
- Tron is currently trading at $0.2909 on the Binance USDT market, reflecting a 1.64% increase from 24 hours earlier.
On the Tron (TRX) network, the Trump family-led decentralized finance (DeFi) project World Liberty Financial (WLFI) has issued a dollar-based stablecoin USD1.
On the 10th (local time), Justin Sun, founder of Tron, announced on X (formerly Twitter), "The very first USD1 has been officially launched on the Tron network," adding, "It's a small step for USD1, but a giant leap for the stablecoin market."
As of 5:22 PM, Tron is trading at $0.2909 on the Binance USDT market, up 1.64% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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