Tron | ForkLog

ForkLog 27 06.02.2023

Trust Wallet team suspends USDT withdrawals on the TRON network

On February 6, the developers of the cryptocurrency wallet Trust Wallet reported problems withdrawing USDT on the TRON network. The app displayed a corresponding banner.

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ForkLog 7 05.02.2023

Justin Sun unveils payment system for ChatGPT in the TRON ecosystem

A decentralized payment system targeting various AI services, such as OpenAI's ChatGPT, will appear in the TRON ecosystem, according to the project's founder Justin Sun.

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ForkLog 10 16.12.2022

TrueUSD team unveils yuan-backed stablecoin on TRON network

The TrueUSD (TUSD) team announced the launch on the TRON blockchain of the yuan-pegged stablecoin TCNH, pegged to the offshore Chinese yuan. ForkLog was informed by project representatives.

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ForkLog 9 12.12.2022

Justin Sun boosts USDD backing as dollar peg weakens

On December 12, the USDD price fell to $0.97 — the lowest since June. Justin Sun, co-creator of the algorithmic stablecoin, and founder of the TRON Foundation, reminded that the asset is over-collateralized (200%), and related transactions can be monitored on a blockchain explorer.

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ForkLog 9 06.12.2022

Tether launches CNH₮ stablecoin pegged to offshore yuan on the TRON network

Tether released CNH₮ on the TRON blockchain, pegged to the offshore Chinese yuan.

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ForkLog 100 30.08.2022

What is TRON (TRX)?

TRON is one of Ethereum’s most enduring challengers, launched in 2017. When and why did the network become popular? Which projects run on this blockchain? How robust is USDD, the algorithmic stablecoin championed by TRON’s founder Justin Sun? Here are the key points.

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ForkLog 19 09.08.2022

Wintermute gains the right to issue USDD stablecoin

Market-maker Wintermute has become the ninth participant in the TRON DAO Reserve, the organisation behind the algorithmic stablecoin USDD, ForkLog reported.

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ForkLog 7 09.07.2022

Justin Sun to spend up to $5 billion to rescue crypto firms

TRON founder Justin Sun said he was prepared to allocate up to $5 billion to rescue crypto companies amid the crisis in the digital-asset market.

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ForkLog 12 15.06.2022

TRON team to withdraw 2.5 billion TRX from Binance to bolster USDD stability

The decentralized autonomous organization TRON DAO Reserve said it would withdraw 2.5 billion TRX from Binance 'to safeguard the blockchain industry and the crypto market'.

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ForkLog 10 14.06.2022

Upbit warns of risks tied to algorithmic stablecoins USDN and USDD

The South Korean exchange Upbit warned of price volatility risks for WAVES and TRON (TRX) due to the loss of the dollar peg by the algorithmic stablecoins Neutrino USD (USDN) and USDD.

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ForkLog 6 13.06.2022

Analysts unsettled by activity around the stablecoin USDD

The hedge fund Oapital, which profited from the collapse of UST from Terra, began making large transfers into USDD and other stablecoins. This drew the attention of analysts at Nansen.

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ForkLog 20 13.06.2022

Algorithmic stablecoin USDD briefly lost its peg to the US dollar

On Monday, June 13, the algorithmic stablecoin USDD from Tron briefly lost its peg to the US dollar and fell to $0.97.

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