Singapore, Singapore--(Newsfile Corp. - April 19, 2022) - TUSD celebrates its successful one-year introduction to the market. April 9 marked the first anniversary of the stablecoin's deployment on the TRON blockchain. Since then, TUSD, the first fully-regulated USD-pegged stablecoin on TRON with real-time on-chain audit, has been on the growth upswing, attracting large numbers of users while partnering with industry-leading DeFi projects.
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TUSD's deployment on TRON has reduced both cost and time for users to engage in decentralized financial transactions.
Over the past year, the supply of TUSD ranked third among stablecoins of the same kind in the TRON ecosystem, trailing USDT and USDC. As of April 8, the supply of TRC-20 TUSD exceeded $240 million, representing 18.6% of TUSD's total supply. The number of on-chain token holder addresses surpassed 306,000, and the total amount of on-chain transfers surged past $8.1 billion. In addition, mainstream centralized exchanges, including Poloniex, Kucoin, and Gate.io, now support deposit/withdrawal of TRC-20 TUSD, showing wide-spread recognition of TUSD from all TRON users in the overall digital money market.
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Furthermore, with the recent heat of DeFi mining, TUSD has been selected by Genesis Mining of TRON to launch the TUSD-TRX LP liquidity mining and TUSD stake-to-mine...
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