TRON mints USD1, opening a new chapter in the stablecoin ecosystem

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Recently, the TRON blockchain witnessed a historic moment: the first batch of 1,000 USD1 stablecoins were successfully minted on-chain. This milestone not only marks TRON's breakthrough in the stablecoin field but also signifies its further consolidation of strategic position as a global financial infrastructure. TRON founder Justin Sun announced this news on the X platform, stating: "This is a small step for USD1, but a giant leap for stablecoin development!" Eric Trump, executive vice president of the Trump Group, reposted Justin Sun's post, thanking the TRON ecosystem for supporting USD1, highlighting the significance of this collaboration.

USD1 Minting Begins, TRON Leads a New Era of Stablecoins

As the world's largest stablecoin settlement ecosystem, TRON has long been the preferred network for stablecoins like USDT, with its millions of transactions per second (TPS), low transaction fees, and ultra-high block confirmation speed.

According to CryptoQuant's 2024 report, the TRON network's daily USDT transfer count reaches 2 million. By June 2025, the TRC20-USDT circulation had exceeded $78 billion, occupying a core position in the global stablecoin market. The first batch of USD1 minting further enriches TRON's stablecoin matrix, including USDT, USDD, USDJ, with the total on-chain stablecoin circulation approaching $80 billion, firmly ranking at the top of global public chains.

USD1, a US dollar stablecoin issued by World Liberty Financial (WLFI), is backed 1:1 by short-term government bonds and cash equivalents, with BitGo Trust Company's reserve custody and monthly third-party audits ensuring its transparency and compliance. The 1,000 USD1 minted on the TRON chain marks USD1's official integration into TRON's efficient ecosystem.

Market analysts suggest that USD1 chose TRON as its new battlefield due to its natural advantages in payment, settlement, and trading scenarios. Compared to the $47.67 million supply on Ethereum and $2.141 billion on BNB Chain (with $2 billion driven by the MGX sovereign fund), TRON's USD1, though starting later, can rapidly expand its application scenarios with its 300 million user base and mature stablecoin ecosystem.

Additionally, TRON plans to optimize smart contracts to achieve "zero-cost" stablecoin transfers by the end of 2025, further consolidating its competitiveness in the global payment field. Justin Sun previously stated: "The minting of USD1 is an important step for TRON to promote financial freedom, with our goal being to enable everyone to easily use stablecoins via mobile phones and participate in the global financial system."

TRON and WLFI Join Hands to Reshape the Global Financial Landscape

The USD1 minting is not just a technical breakthrough but also the result of deep collaboration between TRON and WLFI. At the Dubai TOKEN 2049 summit in May 2025, Justin Sun, Eric Trump, and WLFI co-founder Zach Witkoff jointly announced that USD1 will be natively deployed on the TRON chain, marking a new stage of DeFi and traditional finance integration. Eric Trump emphasized: "TRON's technological strength and user base provide a perfect platform for USD1's promotion, which will drive the globalization of financial freedom."

The successful minting of USD1 not only demonstrates TRON's leadership in the blockchain industry but also brings more efficient and transparent financial services to global users. TRON stated that it will dedicate itself to promoting USD1's widespread application among global merchants, exploring its potential as a stable value carrier by connecting with regional payment systems and injecting new vitality into financial inclusion in emerging markets. "With USD1 gradually landing in the TRON ecosystem, TRON is accelerating towards the goal of a 'global financial free port', offering infinite possibilities of inclusive finance for 8 billion people."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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