TRON is one of the fastest-growing public chains in the world. The TRON network has gained incredible traction in recent years, with over 94 million users on the blockchain and upwards of 3.2 billion transactions. In addition, TRON hosts the largest circulating supply of stablecoins across the globe, overtaking USDT on Ethereum in April 2021. The TRON network completed full decentralization in Dec 2021 and is now a purely community-governed DAO.
TRON is a robust blockchain ecosystem dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps).
Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users.
The TRON network has gained incredible traction in recent years. As of May 2022, it has over 94 million total user accounts on the blockchain, more than 3.2 billion total transactions, and over $8 billion in total value locked (TVL). What a rapid growth!
In addition, TRON hosts the largest circulating supply of USD Tether stablecoin across the globe, overtaking USDT on Ethereum since April 2021, which is a historic moment! Most recently, the algorithmic stablecoin USDD was announced on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Now TRON stablecoin is taking a better shape, forming a strong alliance of 5 TRON-Based Stablecoins: USDT, USDD, USDJ, TUSD & USDC. In the future, TRON will continue to strengthen its stablecoin power and bring more convenience to blockchain users.
The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. TRON DAO is tipped to leverage the TRON protocol to decentralize the internet while boosting effective governance for community members. TRON DAO welcomes more TRONICS to join!
* The educational content was created in April 22nd, 2022.