Close Menu
Cryprovideos
    What's Hot

    Holonym's Human Community: Remodeling Crypto Onboarding with Human-Pleasant Keys

    June 7, 2025

    Will Elon Musk Decide XRP Over Dogecoin For X Funds? Market Professional Solutions | Bitcoinist.com

    June 7, 2025

    Why Coinbase Introduced Dogecoin and XRP to Ethereum Community Base – Decrypt

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions
    TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions
    Altcoins

    TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions

    By News DeskNovember 8, 2024No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions

    Disclosure: It is a sponsored publish. Readers ought to conduct additional analysis previous to taking any actions. Be taught extra ›

    Geneva, Switzerland, November 7, 2024 – TRON DAO has formally launched the TRON-Peg USD Coin on the TRON blockchain, an progressive cross-chain resolution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless and environment friendly cross-chain transfers, TRON-Peg USD Coin expands the chances for customers to leverage USDC throughout the TRON ecosystem.

    Environment friendly Cross-Chain Performance

    TRON-Peg USD Coin allows seamless USDC transfers between Ethereum and TRON, serving as an important stablecoin bridge. Certified customers can simply purchase TRON-Peg USD Coin by way of a streamlined cross-chain course of: when USDC-ERC20 is deposited into Ethereum’s bridge contract, the system detects the transaction, mints an equal quantity of TRON-Peg USD Coin on TRON, and transfers it on to the consumer’s TRON tackle. 

    Equally, normal customers wishing to maneuver TRON-Peg USD Coin again to Ethereum can provoke the method by way of the designated token contract on TRON. Cross-chain transactions between TRON and Ethereum can be carried out by way of supported exchanges.

    Clear and Safe with Free Cross-Chain Companies

    TRON-Peg USD Coin gives customers free cross-chain transaction companies. Moreover, its reserve property are totally clear in real-time, making certain that reserves persistently exceed the entire provide. This ensures that customers can at all times redeem their USDC on Ethereum at a 1:1 ratio. Customers can confirm reserve property in real-time.

    Safety stays a high precedence, with TRON-Peg USD Coin rigorously audited by ChainSecurity, a number one blockchain safety firm led by safety specialists from ETH Zurich. The excellent 24-page audit reinforces TRON’s dedication to consumer safety and contract integrity. Ioannis Sachinoglou, lead engineer at ChainSecurity, acknowledged: “This Tron-Peg USD Coin bridge audit allowed us to discover TRON’s cross-chain infrastructure in depth. We analyzed the bridge’s mechanisms, in addition to the interactions between the TRON and the Ethereum networks. Collaborating intently with the TRON workforce, we labored to determine and tackle potential vulnerabilities, finally reinforcing the bridge’s robustness and enhancing consumer belief. We’re trying ahead to additional collaborating with TRON and supporting the safety of their ecosystem.”

    Shaping the Way forward for Stablecoin Know-how

    With TRON’s place as a significant participant within the stablecoin market, representing over one-third of all the stablecoin provide, TRON DAO is dedicated to repeatedly refining TRON-Peg USD Coin with enhanced safety and user-focused worth. These enhancements goal to place TRON-Peg USD Coin as a trusted selection for safe, seamless transactions, empowering customers worldwide.

     

    About TRON DAO

    TRON DAO is a community-governed DAO devoted to accelerating the decentralization of the web by way of blockchain expertise and dApps.

    Based in September 2017 by Justin Solar, the TRON community has continued to ship spectacular achievements since MainNet launch in Could 2018. July 2018 additionally marked the combination of BitTorrent, a pioneer in decentralized Web3 companies, boasting over 100 million month-to-month energetic customers. The TRON community has gained unbelievable traction lately. As of November 2024, it has over 270 million complete consumer accounts on the blockchain, greater than 8.8 billion complete transactions, and over $16 billion in complete worth locked (TVL), as reported on TRONSCAN.

    As well as, TRON hosts the biggest circulating provide of USD Tether (USDT) stablecoin throughout the globe, overtaking USDT on Ethereum since April 2021. The TRON community accomplished full decentralization in December 2021 and is now a community-governed DAO . Most not too long ago in October 2022, TRON was designated because the nationwide blockchain for the Commonwealth of Dominica, which marks the primary time a significant public blockchain partnered with a sovereign nation to develop its nationwide blockchain infrastructure. On high of the federal government’s endorsement to difficulty Dominica Coin (“DMC”), a blockchain-based fan token to assist promote Dominica’s world fanfare, seven current TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory standing as licensed digital foreign money and medium of change within the nation.

    TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Discussion board

    Media Contact
    Yeweon Park
    [email protected]

    About TRON-Peg USD Coin

    TRON-Peg USD Coin is a stablecoin bridging software on the TRON blockchain that’s collateralized by USDC on Ethereum. It permits customers to seamlessly make the most of USDC for various kinds of transactions inside the TRON ecosystem and switch USDC seamlessly between Ethereum and TRON. 

    https://tronusdc.io

    Media Contact

    Sally Chen
    [email protected]

    Talked about on this article



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Will Elon Musk Decide XRP Over Dogecoin For X Funds? Market Professional Solutions | Bitcoinist.com

    June 7, 2025

    Why Coinbase Introduced Dogecoin and XRP to Ethereum Community Base – Decrypt

    June 7, 2025

    Trump touts memecoin as sentiment gauge as $520M unlock nears

    June 7, 2025

    Will Ozak AI Be the Subsequent SOL or MATIC? $0.003 Entry May Be Historic

    June 7, 2025
    Latest Posts

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    The most effective DOGE and BTC cloud mining platform in 2025, simply earn $16,777 a day

    June 7, 2025

    Bitcoin Holds Above $100K, However Analyst Sees Bother Brewing

    June 7, 2025

    Pepe Worth Prediction: $PEPE Declines as Bitcoin Hyper Emerges as a Prime Presale Decide

    June 7, 2025

    Circle Inventory Climbs: CRCL Quadruples IPO Value as Bitcoin Regains – Decrypt

    June 7, 2025

    Bitcoin DeFi platform Alex Protocol loses $8.3M to take advantage of

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Finest Crypto Presale to Purchase: Dealer Says This Layer 2 Token May Develop 10x

    March 17, 2025

    'Loopy Evil' Hackers Create Faux Web3 Agency, Drain Job Seekers’ Crypto Wallets – Decrypt

    February 27, 2025

    CZ, He Yi Dismiss Binance Trade Sale Hypothesis | Reside Bitcoin Information

    February 17, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.