【ChainWen】Justin Sun recently invested $8 million in River, focusing on promoting the implementation of River’s chain-abstracted stablecoin infrastructure on TRON.
What are the highlights behind this move? The satUSD stablecoin created by River is well-designed — it supports minting with USDT, USDD, or USD1 at a 1:1 ratio, and can also use cross-chain assets as collateral. In other words, users have more options and flexibility.
The next focus is on application scenarios. satUSD plans to expand on platforms like SUN.io and DeFi JUST, mainly for liquidity mining and lending. The initial entry point is quite interesting — starting with the yield scenario of sTRX (TRON staked assets), which can attract participants from the TRON ecosystem and also find real use cases for the stablecoin.
Essentially, this is about expanding the depth of the TRON DeFi ecosystem. As stablecoins are fundamental tools in DeFi, the better their liquidity and usability, the more active the entire ecosystem will be.
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0xSunnyDay
· 21h ago
Another stablecoin project, but this time it's a bit different
Honestly, this 1:1 minting logic seems quite solid, not like those vapor projects
It's also clever to integrate the sTRX yield scenario first, bringing people into the ecosystem before anything else
But wait... another activity within the TRON ecosystem, is Sun really just stacking up?
Eight million invested and it can take off? It depends on how well the execution is later on
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AirdropHarvester
· 01-22 03:18
Haha, it's the same old trick of Brother Sun throwing money around. This time, 8 million to stabilize the coin, and the TRON ecosystem is about to stir up again.
The satUSD mechanism is indeed pretty good, but the key is having people use it, or else it's just a castle in the air.
The sTRX yield approach is quite clever, still understanding the appetite of TRON users.
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4am_degen
· 01-22 03:13
Here comes the harvest again, this time under the alias satUSD.
Justin's move is basically to try to revitalize the TRON ecosystem. 8 million may seem like a lot, but in reality, it's just a drop in the bucket.
There are a bunch of stablecoins, but how many can actually survive?
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SmartMoneyWallet
· 01-22 02:56
8 million USD invested just to compete for territory? I think the key is still that 1:1 minting ratio—whether this thing's liquidity can truly support it, on-chain data is the only thing that matters.
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PumpBeforeRug
· 01-22 02:54
With $8 million invested, it seems like the goal is to build up TRON's stablecoin ecosystem.
The collateral flexibility of satUSD is indeed impressive, but whether it can truly take off depends on whether people in the ecosystem are willing to use it.
Starting from the sTRX yield scenario is a pretty clever move, as there is at least genuine demand to support it in the early stages.
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HodlAndChill
· 01-22 02:50
Here we go again, Sun Yuchen is throwing money again... What new tricks can he come up with this time?
Stablecoins are almost everywhere in the market now. Why would satUSD be able to break through?
Starting to cut from sTRX? I think he's trying to revive the TRON ecosystem.
Justin Sun invests $8 million, stablecoin satUSD launches TRON ecosystem deployment
【ChainWen】Justin Sun recently invested $8 million in River, focusing on promoting the implementation of River’s chain-abstracted stablecoin infrastructure on TRON.
What are the highlights behind this move? The satUSD stablecoin created by River is well-designed — it supports minting with USDT, USDD, or USD1 at a 1:1 ratio, and can also use cross-chain assets as collateral. In other words, users have more options and flexibility.
The next focus is on application scenarios. satUSD plans to expand on platforms like SUN.io and DeFi JUST, mainly for liquidity mining and lending. The initial entry point is quite interesting — starting with the yield scenario of sTRX (TRON staked assets), which can attract participants from the TRON ecosystem and also find real use cases for the stablecoin.
Essentially, this is about expanding the depth of the TRON DeFi ecosystem. As stablecoins are fundamental tools in DeFi, the better their liquidity and usability, the more active the entire ecosystem will be.