$USD1 Stablecoin Debuts on $TRX — Governance Shake-Up Signals New Era
A new chapter in stablecoins has begun as USD1 officially launches on the TRON blockchain. Announced by TRON founder Justin Sun on June 11, the stablecoin’s minting was described as a "giant leap for stablecoins" and is backed by short-term U.S. treasuries, fiat deposits, and safe currency equivalents. The rollout follows its initial reveal by WLFI at the Token2049 conference in Dubai and ties into a major $2 billion investment deal involving MGX and Binance.
Now available on TRON, Ethereum, and Binance Smart Chain, USD1’s deployment on TRON further embeds it into the network’s expanding financial infrastructure. According to TRON DAO, the move aims to build institutional trust and usage. The project also highlights the deepening relationship between TRON and WLFI — notably co-founded by Eric Trump, Executive VP of the Trump Organization.
At the same time, TRON passed Proposal No. 102, one of its most significant governance upgrades. The update slashes block rewards from 16 TRX to 8 TRX and reduces voting rewards from 160 TRX to 128 TRX. The changes are designed to raise TRX’s annual deflation rate from 0.85% to 1.29%, potentially driving long-term price appreciation. As of June 13, TRX trades around $0.27, continuing a solid uptrend since mid-March.
Justin Sun emphasized that the dual move — the USD1 launch and governance reform — reflects TRON’s commitment to financial transparency and innovation in decentralized finance. With over 10 billion transactions processed and 312 million user accounts as of May 2025, TRON is positioning itself at the forefront of blockchain-based finance. USD1 and these sweeping governance changes may mark the start of a new era for the TRON ecosystem.
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