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Justin Sun, founder of Tron, has expressed excitement about the upcoming debut of the Canary Staked TRX ETF (ticker: TRXS) on the Cboe BZX exchange, expected to start trading on Wednesday. This listing provides a regulated avenue for U.S. brokerage investors to gain exposure to the TRX token. The ETF, first filed for in April 2025, is structured as a commodity-based trust that aims to track the performance of TRX held by the fund and generate additional TRX through staking. Canary Capital plans to stake at least 90% of the trust's TRX, with the trust retaining 80% of staking rewards. Investors will pay a 1.10% annual management fee. The article clarifies that TRXS is not related to Tron Inc., a separate U.S. company trading on NASDAQ. Despite the news, the TRX token price saw little movement, trading around $0.3379 on Tuesday.

TRX ETF to List on Chicago Board Options Exchange, Marking a New Milestone in Tron's Global Compliance On September 8, Tron founder Justin Sun announced on X that the Canary Staked TRX ETF (ticker: TRXS) is set to list on the U.S. Cboe BZX Exchange on September 9, 2026. This follows Tron Inc.'s Nasdaq listing, providing TRX with another major entry point into mainstream U.S. securities markets. Sun described this as forming a "dual-engine" structure of "listed company + ETF" for the Tron ecosystem. The TRXS ETF is designed not only to track TRX's price but also to participate in on-chain staking on the Tron network. According to its SEC filing, the fund aims to stake substantially all eligible TRX holdings. Staking rewards, after deducting an estimated 20% service fee, will accrue to the fund's net asset value. This integrates Tron's native staking mechanism into a traditional financial product for the first time. Beyond capital markets, Tron's on-chain metrics have reached new highs. The network surpassed 4 billion total accounts on August 23, 2026, with cumulative transactions exceeding 15.4 billion. It has also become the largest issuance network for USDT, with a supply of $942 billion on its blockchain. Daily USDT transfer volume on Tron averages around $25 billion, underscoring its role as a leading settlement layer for stablecoins. Concurrently, Tron's affiliated AI platform, B.AI, is experiencing rapid growth. As of early September, its user base exceeded 2.4 million, with daily token throughput surpassing 1 trillion. This growth highlights potential future synergies between AI Agent commercialization and Tron's efficient, stablecoin-based payment infrastructure. The listing of the TRXS ETF represents a significant step in broadening TRX's accessibility to traditional investors and advancing the Tron ecosystem's institutionalization and global expansion.

A security assessment by Hacken, in partnership with Bluechip, reveals that approximately half of all USDT in circulation (around $91.3 billion on the TRON network) is managed by a smart contract controlled by a 2-of-3 multi-signature setup. This means only two of the three key holders are required to execute critical administrative functions. These functions include minting unlimited new USDT, pausing all transfers, freezing or destroying funds on any address, and changing the contract's ownership. While Hacken found no evidence of key compromise or past security incidents, the report highlights significant risks: the absence of a timelock mechanism for privileged operations and the high concentration of control. Concurrently, Bluechip raised USDT's overall rating from D to C following a clean financial audit by KPMG. However, USDT scored only 3.3 out of 10 on Hacken's cybersecurity scale, primarily due to these governance concerns. The analysis notes a dual reality: USDT's financial reserves are audited and confirmed, but technical control remains centralized. Furthermore, the described administrative powers are not merely theoretical; they were used in April 2026 to freeze over $344 million in USDT on TRON at the request of U.S. authorities. This shifts the perceived risk from potential external key compromise to the routine, legitimate application of these controls against specific users, raising questions about the balance between regulatory compliance speed and decentralized governance transparency.

TRON DAO has announced expanded support for MetaMask across its ecosystem. Applications including B.AI, SUN.io, JustLend DAO, and BitTorrent now support MetaMask connectivity through their respective dApps. This follows MetaMask's earlier introduction of native TRON network support on its platforms. Officials from both TRON DAO and MetaMask highlighted that this integration provides millions of users a familiar way to access TRON's high-speed, low-cost ecosystem for activities like DeFi, lending, and cross-chain interoperability without switching wallets. TRON, a major settlement layer for stablecoins like USDT, processes significant daily volume and hosts a vast user base. The expanded MetaMask connectivity aims to further streamline user interaction with TRON's growing decentralized application landscape.

The Chainflip protocol lost hundreds of thousands of USDT due to an error in its Tron network integration. The attack occurred over eight stages across approximately 90 minutes, during which the hacker tested the exploit with small amounts before gradually increasing the transfer sizes. The team only detected the issue when mass errors started occurring for all users attempting USDT transactions on Tron. By that time, the attacker had nearly exhausted the pool of funds used for the exploit. Chainflip was forced to halt operations to prevent further losses and investigate the root cause. One pending client swap transaction worth $115,654 remained at the time of shutdown, which the company pledged to complete after restarting the system. Developers assured that all other user funds are safe and promised full compensation for those affected by the incident. This event follows a separate attack where approximately $1.7 million in cryptocurrency was drained from an escrow contract related to the Notional Finance project.