Tron Is Out, Dai Is Back: CoinDesk 20 List Updates for 2021 Q1

Tron Is Out, Dai Is Back: CoinDesk 20 List Updates for 2021 Q1

Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter.


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Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD

On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to leverage a decentralized forex reserve similar to Terra’s UST reserves. Tron DAO Reserve and Justin Sun Reveal a $38 Million TRX Purchase Terra’s UST reserve system is becoming a popular scheme, and Tron’s USDD stablecoin project is following the pattern.....

Raining Cats and Cats in the Tron NFT Market

The New NFT project appears on the raging market. Now targeting the Tron community. Tron Cool Cats , a new project supported by Palmar Labs, is a collection of 10K unique randomly generated NFTs, pouring in the Tron ecosystem. Another project shows up in the fast-growing NFT market. This time cats are taking the Tron […]

Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD

Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases, the organization has been adding stablecoins and bitcoin into the mix as well. While Terra’s Stablecoin Imploded, Tron’s Algorithmic Dollar-Pegged Crypto Project Purchases Millions Worth of Tron, Bitcoin, and....

Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest L...

Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron (TRX) Tron (TRX) surged towards a seven-day week high during Thursday’s session, as prices rebounded following a recent decline. Less than a day after trading at a bottom of $0.06955, TRX/USD rose to a peak of $0.07444 earlier in the day. Today’s peak is the highest level prices....

Tron Accelerates To 3rd Spot As Biggest Blockchain In Terms Of TVL

Tron takes off by 44% and ranks as the third-largest blockchain based on TVL. Tron, Tronix, or TRX is designed to beat Bitcoin and Ethereum on their tracks with faster, cheaper, and smarter transactions. Tron doesn’t have a maximum supply, unlike Bitcoin, which means it has eliminated the scarcity element, making it eclipse the “king […]