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STABLECOINS, SCANDALS & SUN’S $50M BOUNTY Tron’s Justin Sun compares First Digital Trust’s alleged $456M unauthorized TUSD transfer to the FTX collapse—calling it "significantly worse." He claims the funds were funneled to a shady Dubai firm without client consent. Sun is offering a $50M bounty to recover the assets and defend Hong Kong’s reputation. FDT, however, denies insolvency and says it’ll pursue legal action, calling the claims malicious. Will this reshape trust in stablecoins and prompt tighter oversight? Source: @BTCTN

Congratulations to USDD minting exceeding 300 million TRON stablecoin entering a new stage 🎉 The first thing I do when I wake up is to review all the TRON data. I just opened the USDD official website and found that the minting volume has officially exceeded 300 million! This marks a new stage for the TRON ecosystem stablecoin, and further confirms the market's recognition of USDD. From February to now, the rhythm of USDD has become more and more stable Looking back at USDD 2.0, which was launched in February this year, it features a combination of high APY+ overcollateralization and provides an annualized subsidy of up to 20%, which is particularly attractive in the current market environment of generally weak returns for stablecoins. Judging from the data, in just two months, the market value of USDD has grown steadily to $330 million, and the minting volume has also successfully exceeded the 300 million mark, which is far beyond market expectations in terms of growth rate and number of participants. PSM lossless exchange + Brother Sun's 500 million aid, USDD stability is more solid Compared with other stablecoins, USDD has a significant advantage of the PSM (Peg Stability Module) exchange mechanism - users can exchange USDT 1:1 lossless through the official channels of TRON, which greatly enhances the liquidity and "convertibility" of USDD. At the same time, there is also the TRON ecology and Brother Sun's banknote ability behind it. Not long ago, TUSD fell into a liquidity crisis due to the reserve problem, and Brother Sun took decisive action and directly injected $500 million to stabilize market sentiment. This wave not only demonstrates its long-term confidence in the stablecoin market, but also strengthens the trust of the outside world in USDD. USDD is not alone, but a "serious project" with a team, a channel, and real money. Breaking through 300 million is just the beginning Breaking 300 million minted is an important milestone, but it is not the end. What's more exciting to see is how USDD can be integrated into more application scenarios. The real value of a stablecoin is not only anchored and minted, but also whether it can be used, circulated and relied upon. However, judging by the current trend, USDD has run out of its own rhythm. While others are still discussing whether it can be stable, USDD is already expanding. The current TRON is not only catching up, but also defining its own stablecoin logic. @justinsuntron @usddio #TRONEcoStar