With a vast global user base and a $50 billion stablecoin market cap, stUSDT, a TRON-based RWA product, has sparked considerable industry excitement upon its introduction. It is primed to serve as a cornerstone for TRON’s RWA endeavors and towards building a financial gateway that aims to empower 8 billion people worldwide.
TRON’s RWA product unleashes new opportunities
Today, RWA is a popular concept in the crypto industry. The stUSDT platform is dedicated to narrowing the divide between retail and institutional investors while connecting the crypto realm with the real world. stUSDT ensures equal opportunities for all to invest in RWAs. This is the first endeavor in the TRON ecosystem to tokenize RWAs and introduce them to the community.
stUSDT, the TRON ecosystem’s answer to stETH on the Lido protocol, is a decentralized token that serves as proof of investment in RWAs and its holders can earn passive incomes from real world assets. stUSDT introduces more decentralized and robust asset management mechanisms. The ultimate goal of stUSDT is to optimize return opportunities for on-chain users from real world assets. Launched by RWA DAO, stUSDT is operated by JustLend DAO under the custody agreement between the two parties. JustLend DAO boasts the highest TVL on TRON and ranks among the top DeFi projects. In addition, TRON hosts the largest circulating supply of USDT (over $46 billion) and a TVL second only to Ethereum, which will also drive the organic growth of stUSDT. The stUSDT team is confident to see an influx of new users and wider expansion of the TRON ecosystem at large.
Create the Web3 counterpart of Yu’e Bao, combining the physical world with Web3
Current market participants are consistently devoting time and effort to stay ahead of the curve regarding any new tech or product developments in the crypto sphere, and the sheer size of market expansion over the past few years speaks volumes. The inception of liquidity mining during the “DeFi Summer” of 2020 has given rise to a booming decentralized lending market. Back then, in the realm of USD-pegged stablecoins, a deposit rate of 10% was hardly a surprise. When the real world interest rates were low, liquidity gravitated towards on-chain DeFi lending markets.
However, with a shift in market trends, some real world assets have now regained a much stronger position. For example, the US Fed Funds Rate has surged past 5%, making the dollar a sought-after risk-free asset. Under this latest macroeconomic backdrop, the DeFi sector has its eyes on RWAs in an attempt to venture into new markets. In traditional finance, Yu’e Bao, Alipay’s money market fund product, has become a handy investment vehicle. The TRON-based stUSDT is positioned as the Yu’e Bao of Web3, whose debut unveils a new chapter for the TRON ecosystem to potentially replicate the success story of Alipay. Just as Alipay cracked the market open with its payment services before expanding its user base with Yu’e Bao, TRON has solidified its leading position in Web3 on-chain payment infrastructure across the globe, before the ecosystem ventures to new heights via the launch of stUSDT.
Similar to Alipay’s Yu’e Bao, stUSDT enables users to engage with passive incomes and withdraw their assets at any time while enjoying the transparency, security, and immutability brought by blockchain technology. stUSDT provides a wide range of opportunities for users by connecting on-chain assets with real-world assets. Supported by TRON’s robust ecosystem, the platform commits to a user-centric approach and serves as a dynamic bridge between traditional finance and blockchain. It is poised to attract a new mass of blockchain enthusiasts, further expanding the TRON DAO community. By further facilitating the integration of blockchain with traditional finance, stUSDT aims to propel the next stage of growth in the blockchain industry.
Hashtag: #stUSDT
The issuer is solely responsible for the content of this announcement.
About stUSDT
The stUSDT.io platform is the first RWA platform on the TRON network, providing a secure and equitable channel for every blockchain user to engage with real world assets through decentralized smart contracts. Its goal is to establish a decentralized RWA investment and management mechanism, bringing real world assets into the TRON ecosystem.
The platform token of stUSDT.io, stUSDT, is a decentralized token that serves as proof of investment in real world assets, enabling its holders to earn passive incomes.
Services
STAKEHOLDER ENGAGEMENT
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
BUSINESS INTELLIGENCE
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
GOVERNMENT RELATIONS
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
BUSINESS & BROADER MARKET ACCESS
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
NETWORKING: LEADING UP TO THE “ASEAN’S FOOD SECURITY NEXUS 2023”
A series of networking sessions with various business associations and trade organisations exploring high-value opportunities for business leaders and entrepreneurs looking to build the relationships that matter.
ASEAN’S FOOD SECURITY NEXUS 2023
This integrated event will include a forum, dedicated business matching, site visits, a gala dinner and golf. The focus will be on regional food security issues and trends in the context of the supply chain, agriculture technology and trade regulations and policies.
INDUSTRY DIALOGUE: THE TWO-WHEELER MARKET – MOBILITY, ESG AND THE ASEAN SUPPLY CHAIN
The ASEAN two-wheeler market represents more than 25 per cent of the global market and growing exponentially. What are the business opportunities for Malaysia especially in the context of mobility, ESG and supply chain?
NETWORKING: BUILDING A RESILIENT FUTURE FOR CRITICAL INDUSTRIES
MGBF is hosting a networking session focusing on building a resilient future for critical industries as part of the networking series leading up to ASEAN's Food Security Nexus 2023.
MGBF In The News
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
