The First Real World Asset Product stUSDT Launches on the TRON Blockchain

07/04 08:30

July 4 (Huobi) - TRON has launched its first Real World Asset (RWA) product, stUSDT, on JustLend. Justin Sun, TRON founder, believes stUSDT will become the crypto equivalent of Alibaba's money market fund product, Yu'e Bao, and will bridge the gap between traditional markets and blockchain ecosystems. From July 10 to August 10, stUSDT will offer an increased APY of up to 10% to enhance users' first experience with RWAs on TRON. stUSDT is the first TRON endeavor to tokenize RWAs and introduce them to the community, and it is expected to serve as a cornerstone for TRON's RWA endeavors. The launch of stUSDT further cements TRON's position as a leader in Web3 on-chain payment infrastructure globally.
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