TRON network’s TRC20-based stablecoin has approached the establishment of a new milestone in the crypto space as the volume of the stablecoin in circulation increased massively to 4.3 billion USD, with 775,000 holders across the globe, this was revealed via a tweet by the TRON founder and CEO Justin Sun.
Sun on Twitter informed his 2.1 million followers that the TRC20-based Tether now has a total supply of 4.302 billion USDT, and there are number of accounts created on the blockchain network has also exceeded 775,000 in number.
Justin SUn made the revelation, illustrating an image from TRONSCAN attesting the authenticity of the data.
Another Milestone Set in the Construction of TRON Network
TRON network, as reported by NewsLogical, claimed the achievement of a new milestone tuned towards the construction of TRON network. TRON said it surpassed the 40 voting request in a balloting aimed at creating an additional privacy on TRON with zero-knowledge proof cutting-edge security function. The zero-knowledge proof will be added to TRON virtual machine (TVM).
However, Justin Sun in a comment explained that the combination of zero-knowledge proof of verification and TVM aside being a major innovation on the TRON ecosystem is another milestone in the development of the TRON blockchain.
TRON Foundation’s JUST (JST) DeFi Records About 3600% ROI within 5 Months of Launch
In another development, it was reported that the TRON foundation’s JUST (JST) token recorded about 3600% return on investment (ROI) barely five months after its launch.
The token of the stablecoin lending platform JUST, JST, was first coin to be sold on LaunchBase, Poloneix token sale platform.
TRON JUST (JST) Performing Excellently in the Market
TRON’s decentralized lending platform token, JST, has been performing excellently within a short period after it went live on LaunchBase, while its launch on Poloniex witness another breakthrough as the token sale was completed within a single round.
Also, the Stablecoin sale was completed within four minutes after it was launched for global sale on the 5th of May, NewsLogical can confirm.