DWF Labs completes the first USD1 minting on the TRON blockchain, with a scale of 10 million pieces

Andrei Grachev, the executive partner of DWF Labs, announced on social media that his team has successfully completed the first batch of USD1 stablecoin minting on the TRON blockchain, with a total of 10 million pieces.

This operation marks the first issuance of the stablecoin in the TRON ecosystem, signifying an important step for DWF Labs in its multi-chain strategy.

USD1, as a stablecoin product of DWF Labs, is gradually expanding to more mainstream public chains.

The choice of the TRON network may be due to its high throughput, low transaction fees, and active ecosystem in the stablecoin field.

The market is paying attention to whether this stablecoin will connect to more DeFi protocols and exchanges in the future, further enhancing its application scenarios.