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

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

Chainwire 
The First Real World Asset Product stUSDT Launches on the TRON Blockchain 
04-Jul-2023 / 09:18 GMT/BST 
The issuer is solely responsible for the content of this announcement. 
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stUSDT 
Geneva, Switzerland / July 3, 2023 / - Today, the TRON ecosystem welcomes its first Real World Asset (RWA) product, 
stUSDT, which is operating through the decentralized platform JustLend. TRON founder and member of Huobi's global 
advisory board, Justin Sun, has voiced his belief that stUSDT will evolve into the crypto version of Alipay's Yu'e Bao, 
a money market fund product offered by Alibaba. Sun is convinced that it will serve as a bridge connecting traditional 
markets to blockchain ecosystems while empowering crypto users with more options. From July 10 to August 10, 2023, the 
stUSDT platform is set to launch a welcome campaign offering an increased APY of up to 10% (normally expected to be 
around 5%) to enhance users' first experience with RWAs on TRON. Users can also enjoy discounts on redemption fees of 
stUSDT from July 3 to August 10. Please refer to Medium for daily updates on the RWA fund allocation and rebases. 
With a vast global user base and a USD50 billion stablecoin market cap, stUSDT, a TRON-based RWA product, has sparked 
considerable industry excitement upon its introduction. It is primed to serve as a cornerstone for TRON's RWA endeavors 
and towards building a financial gateway that aims to empower 8 billion people worldwide. 
TRON's RWA product unleashes new opportunities 
Today, RWA is a popular concept in the crypto industry. The stUSDT platform is dedicated to narrowing the divide 
between retail and institutional investors while connecting the crypto realm with the real world. stUSDT ensures equal 
opportunities for all to invest in RWAs. This is the first endeavor in the TRON ecosystem to tokenize RWAs and 
introduce them to the community. 
stUSDT, the TRON ecosystem's answer to stETH on the Lido protocol, is a decentralized token that serves as proof of 
investment in RWAs and its holders can earn passive incomes from real world assets. stUSDT introduces more 
decentralized and robust asset management mechanisms. The ultimate goal of stUSDT is to optimize return opportunities 
for on-chain users from real world assets. Launched by RWA DAO, stUSDT is operated by JustLend DAO under the custody 
agreement between the two parties. JustLend DAO boasts the highest TVL on TRON and ranks among the top DeFi projects. 
In addition, TRON hosts the largest circulating supply of USDT (over USD46 billion) and a TVL second only to Ethereum, 
which will also drive the organic growth of stUSDT. The stUSDT team is confident to see an influx of new users and 
wider expansion of the TRON ecosystem at large. 
Create the Web3 counterpart of Yu'e Bao, combining the physical world with Web3 
Current market participants are consistently devoting time and effort to stay ahead of the curve regarding any new tech 
or product developments in the crypto sphere, and the sheer size of market expansion over the past few years speaks 
volumes. The inception of liquidity mining during the "DeFi Summer" of 2020 has given rise to a booming decentralized 
lending market. Back then, in the realm of USD-pegged stablecoins, a deposit rate of 10% was hardly a surprise. When 
the real world interest rates were low, liquidity gravitated towards on-chain DeFi lending markets. 
However, with a shift in market trends, some real world assets have now regained a much stronger position. For example, 
the US Fed Funds Rate has surged past 5%, making the dollar a sought-after risk-free asset. Under this latest 
macroeconomic backdrop, the DeFi sector has its eyes on RWAs in an attempt to venture into new markets. In traditional 
finance, Yu'e Bao, Alipay's money market fund product, has become a handy investment vehicle. The TRON-based stUSDT is 
positioned as the Yu'e Bao of Web3, whose debut unveils a new chapter for the TRON ecosystem to potentially replicate 
the success story of Alipay. Just as Alipay cracked the market open with its payment services before expanding its user 
base with Yu'e Bao, TRON has solidified its leading position in Web3 on-chain payment infrastructure across the globe, 
before the ecosystem ventures to new heights via the launch of stUSDT. 
Similar to Alipay's Yu'e Bao, stUSDT enables users to engage with passive incomes and withdraw their assets at any time 
while enjoying the transparency, security, and immutability brought by blockchain technology. stUSDT provides a wide 
range of opportunities for users by connecting on-chain assets with real-world assets. Supported by TRON's robust 
ecosystem, the platform commits to a user-centric approach and serves as a dynamic bridge between traditional finance 
and blockchain. It is poised to attract a new mass of blockchain enthusiasts, further expanding the TRON DAO community. 
By further facilitating the integration of blockchain with traditional finance, stUSDT aims to propel the next stage of 
growth in the blockchain industry. 
About stUSDT 
The stUSDT.io platform is the first RWA platform on the TRON network, providing a secure and equitable channel for 
every blockchain user to engage with real world assets through decentralized smart contracts. Its goal is to establish 
a decentralized RWA investment and management mechanism, bringing real world assets into the TRON ecosystem. 
The platform token of stUSDT.io, stUSDT, is a decentralized token that serves as proof of investment in real world 
assets, enabling its holders to earn passive incomes. 
Media Contact 
Sam Chang 
[e-mail] 
 
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The issuer is solely responsible for the content of this announcement. 
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1672235 04-Jul-2023

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(END) Dow Jones Newswires

July 04, 2023 04:18 ET (08:18 GMT)