Yesterday, the TRON ecosystem ushered in an important development with the launch of its first real-world asset (RWA) product – stUSDT. This product is operated through the decentralized platform JustLend. Justin Sun (Sun Ge), founder of TRON and member of Huobi Global Advisory Board, said he believes stUSDT will become the encrypted version of Alipay’s Yu’E Bao. He believes this will serve as a bridge between traditional markets and the blockchain ecosystem and provide more options for cryptocurrency users. In order to enhance users’ first experience of using RWA on TRON, the stUSDT platform has also launched a welcome event. From July 10 to August 10, the maximum APY (annualized yield) will increase by 10%, which is usually expected to be in 5 %about. In addition, users can also enjoy discounts on stUSDT redemption fees from July 3 to August 10.

TRON’s RWA product unlocks new opportunities

Today, RWA has become a much-discussed concept in the cryptocurrency industry. The emergence of the stUSDT platform aims to bridge the gap between retail investors and institutional investors and connect the crypto world with the real world. stUSDT is committed to providing equal opportunities for everyone to invest in RWA. This is the first time that the TRON ecosystem has converted RWA into tokens and introduced it to the community.

stUSDT is an innovation in the TRON ecosystem, which is similar to stETH on the Lido protocol. As a decentralized token, stUSDT can be used as a certificate for RWA investment, and holders can receive pass income from real-world assets. stUSDT introduces a more decentralized and robust asset management mechanism. Its ultimate goal is to optimize the opportunities for on-chain users to earn returns from real-world assets. stUSDT is initiated by RWA DAO and operates under the management of JustLend DAO, operating in accordance with the custody agreement between the two parties. JustLend DAO is one of the largest decentralized finance projects on TRON and has the highest TVL (Total Value Locked). In addition, TRON has more than $46 billion in USDT circulation, second only to Ethereum’s TVL, which will also provide impetus for the organic growth of stUSDT. The stUSDT team is confident in attracting new users and enabling the expansion of the entire TRON ecosystem.

Create a Web3 version of Yu’ebao, combining the physical world with Web3

The current cryptocurrency market is full of competition, with various players striving to stay ahead of the curve and constantly investing time and energy in the development of new technologies and products. The scale of market expansion over the past few years speaks volumes. Especially in the "DeFi Summer" of 2020, the rise of liquidity mining has driven the vigorous development of the decentralized lending market. At that time, it was not surprising that stablecoins had deposit interest rates of 10%. When real-world interest rates are lower, liquidity flows to the on-chain DeFi lending market.

However, as market trends change, some real-world assets have regained a stronger position. For example, the U.S. federal funds rate has soared above 5%, making the U.S. dollar a highly sought-after risk-free asset. Under such a macroeconomic background, the DeFi industry began to pay attention to RWA (real world assets) and tried to enter this new market. In the traditional financial field, Alipay's money market fund product Yu'e Bao has become a convenient investment tool. TRON-based stUSDT is regarded as the Yu'E Bao in the Web3 era. Its launch has opened a new chapter for the TRON ecosystem and may reproduce Alipay's success story. Just like Alipay opens the market through payment services and then attracts more users through Yu'e Bao, TRON is also firmly in the leading position in the field of global Web3 on-chain payment infrastructure.

Similar to Alipay's Yu'e Bao, stUSDT allows users to participate in passive income and withdraw assets at any time, while enjoying the benefits of transparency, security and non-tamperability brought by blockchain technology. By connecting on-chain assets with real-world assets, stUSDT provides users with vast opportunities. Supported by TRON's powerful ecosystem, the platform is user-centric and serves as a dynamic bridge between traditional finance and blockchain. It is expected to attract more new batch of blockchain enthusiasts and further expand the TRON DAO community. The goal of stUSDT is to promote the blockchain industry to the next stage of development by promoting the integration of blockchain and traditional finance. In the process, we can expect more exciting changes and innovations to emerge.

About stUSDT

The stUSDT.io platform is the first RWA platform on the TRON network, providing a safe and fair channel for each blockchain user to interact with real-world assets through decentralized smart contracts. Its goal is to establish a decentralized RWA investment and management mechanism to introduce real-world assets into the TRON ecosystem.

stUSDT.io’s platform token, stUSDT, is a decentralized token that serves as proof of investment in real-world assets, enabling its holders to earn passive income. $BTC $ETH