Sun Yuchen made a strategic investment of $8 million in Riverdot Inc., bringing the stablecoin satUSD to the TRON network, with a 1:1 minting ratio through assets like USDT, and supporting cross-chain functionality. TRON also integrated WalletConnect, connecting over 600 wallets and 70,000 decentralized applications (dApps), and partnered with security platform Blockaid to enhance threat detection capabilities. Despite these advancements, the price of TRX briefly retreated to the $0.31 range before consolidating between $0.29 and $0.30.
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Sun Yuchen made a strategic investment of $8 million in Riverdot Inc., bringing the stablecoin satUSD to the TRON network, with a 1:1 minting ratio through assets like USDT, and supporting cross-chain functionality. TRON also integrated WalletConnect, connecting over 600 wallets and 70,000 decentralized applications (dApps), and partnered with security platform Blockaid to enhance threat detection capabilities. Despite these advancements, the price of TRX briefly retreated to the $0.31 range before consolidating between $0.29 and $0.30.