On January 22, it was reported that Justin Sun, founder of TRON, invested 8 million USD in River. This initiative aims to advance the stablecoin infrastructure via River’s operations on the TRON network.
River’s satUSD can be minted in a 1:1 ratio with USDT, USDD, or USD1, facilitating cross-chain collateral. Planned liquidity mining and lending will take place on platforms like SUN.io and DeFi JUST with rewards from sTRX staking.
Leave a Reply