River receives $8 million strategic investment from TRON DAO to advance the integration of blockchain-abstract stablecoins.

PANews reported on January 22 that River has received an $8 million strategic investment from the TRON Foundation (TRON DAO). The funds will be used to deploy chain-abstract stablecoin infrastructure, support cross-ecosystem assets, expand yield products, and deeply integrate with TRON's DeFi ecosystem. River connects multi-chain assets with TRON yield scenarios through satUSD, allowing users to mint satUSD at a 1:1 ratio with USDT and USDD to participate in TRON's native DeFi. satUSD will be integrated into the SUN stablecoin pool, WinkLink oracle, and JustLend lending market, and will launch yield products such as Smart Vault and Prime Vault to support the development of cross-chain financial networks.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
3 hour ago
14 hour ago
16 hour ago
19 hour ago
20 hour ago
20 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读