Some people may wonder why we launch TUSD when we already have a USD-pegged stablecoin USDT. It’s true that the total circulation of TRC20-USDT on TRON has surpassed 23.9 billion tokens with over 2.9 million unique addresses and daily transactions higher than that of Ethereum. Finally! After 729 days’ endeavors, USDT on TRON has surpassed USDT on Ethereum. It is a historic moment. But like I said earlier, for this year and beyond, we’ll remain steadfast in stablecoins and work with more stablecoins, so that more tokens can enjoy the benefits of TRON’s public chain that features high-throughput and low latency. TRON is committed to the decentralization of the Internet and building the infrastructure for decentralized applications in TRON’s DeFi ecosystem. But we certainly have a larger role to play than just that. We have already become the infrastructure of decentralized finance. Every transaction on TRON is enshrined with the running blood of finance, garnering the momentum it takes to decentralize finance for mankind.
In addition to that, we have the obligation to provide a stablecoin that is safer, more convenient, and more reliable for the TRON community, and obviously, TUSD is a good option.