Since its mainnet launch in 2018, the Tron network has seen rapid growth, with over 116 million user accounts on its smart contract blockchain. Now, it's pioneering the launch of a decentralized, overcollateralized stablecoin, USDD. Learn all about Tron's latest moves in this special edition of The Rollup.

Top Stories

Offshore Chinese Yuan-Pegged Stablecoin TCNH Launches on Tron

TCNH, a stablecoin pegged to Offshore Chinese Yuan (CNH) at a 1:1 ratio, has launched on the Tron blockchain. Offshore currencies are stored and traded outside the issuing country and are often used as foreign exchange reserves, or for international investments or settlements. They are also not subject to the issuing country’s financial regulations. TCNH offers another stablecoin option for tens of millions of global users at Tron, who can obtain, hold, and trade the token on the Tron blockchain...

Justin Sun: Tron’s USDD Is Taking Stablecoins to ‘The Next Level’

For a stablecoin launched amid the fallout of the Terra UST collapse last spring, Tron’s USDD is faring remarkably well. The success of Tron’s over-collateralized, decentralized stablecoin has helped the smart contract blockchain to double its market share. Tron has jumped from seventh to third place behind market-leaders Ethereum and BSC in total value locked (TVL), with the TVL across Tron’s various apps now standing at $5.2 billion. Speaking to Decrypt from his base in Singapore, Justin Sun e...

From USDD Stablecoin to Dominica: Tron's Road Ahead

In the decade since he discovered crypto and stocks, Justin Sun has come a long way. The China-born tech entrepreneur is the founder of Tron, a smart contract network that has doubled its market share in recent months. He owns the world's largest distributed storage system, BitTorrent, among other enterprises, and is an alumnus of the Forbes 30 Under 30 list—with a talent for publicity that’s made him a household name in crypto circles. Famously, in 2019 he paid $4.5 million for a charity dinner...

Inside Tron’s Plan to Make USDD the Digital Economy’s ‘Foundational Currency’

Since its mainnet launch in 2018, smart contract blockchain Tron has rapidly expanded to become one of the leading projects in the crypto and Web3 space. With the lofty goal of “building the infrastructure for a truly decentralized internet,” it’s reached 20 million user accounts on the blockchain, more than four billion total transactions, and over $9 billion in total value locked, according to blockchain explorer Tronscan. But that’s just the beginning of its ambition to overhaul the world’s c...

Further Reading

Explore the topic of the week in greater detail with this selection of news and features.

Tron Taps Crypto Market Maker Wintermute to Become Official Partner

As Tron’s official market maker, Wintermute will be responsible for creating liquid TRX markets and supporting the network’s DeFi activity.

Tron Network Energy Use Matches That of 15 US Households: CCRI Report

The Crypto Carbon Ratings Institute has compiled a report on Tron’s energy consumption and carbon footprint.