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Geneva, Switzerland, November 9, 2024 – TRON DAO participated as a gold sponsor in Binance Blockchain Week 2024, which was held from October 30 to 31, 2024 in Dubai. This event brought together industry leaders to discuss the evolution of blockchain technology and its impact on the global economy.
Binance Blockchain Week Highlights
Justin Sun, founder of TRON, recently joined a Binance live session, “Binance Blockchain Week Dubai 2024: The Road to Dubai,” to discuss TRON’s latest advancements. He emphasized TRON Protocol Revenue Reaches All-Time Higha gas-free stablecoin solution, the development of a BTC L2 on the TRON network, and the new Financial Crime Unit T3an initiative launched in collaboration with Attached And TRM Laboratories.
Sam Elfarra represented TRON DAO as a community spokesperson during a panel discussion titled “Building the Backbone of Digital Payments and Stablecoins.” The panel explored the transformative role of blockchain in digital finance and highlighted how platforms such as TRON support stablecoin activity while contributing to digital payments infrastructure globally.
“Blockchain technology is essential in emerging markets. With TRON Network Hosting 35% of the global stablecoin marketTRON provides valuable digital infrastructure around the world, empowering consumers, businesses and developers through stablecoins,” said Sam Elfarra, TRON DAO Community Spokesperson.
The conference concluded with TRON DAO and Binance co-sponsoring the official BBW After Party during Halloween. The exclusive gathering consisted of TradFi professionals, developers, and various industry leaders. Participants shared ideas and engaged in forward-thinking discussions focused on the advancement of blockchain technology; explore its potential to reshape industries, deliver transformative solutions and foster a more connected future.
About TRON DAO
TRON DAO is a community-run DAO dedicated to accelerating Internet decentralization through blockchain technology and dApps.
Founded in September 2017 by Justin Sun, the TRON network has continued to produce impressive results since the launch of MainNet in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, with over 100 million monthly active users. The TRON network has gained popularity in recent years. As of October 2024, it has over 268 million total user accounts on the blockchain, over 8.8 billion total transactions, and over $15 billion in total value locked (TVL), as reported on TRONSCAN .
Additionally, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the world, surpassing USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a managed DAO by the community. Most recently, in October 2022, TRON was designated as the national blockchain of the Commonwealth of Dominica, marking the first time that a major public blockchain has partnered with a sovereign country to develop its national blockchain infrastructure. In addition to government approval for the issuance of Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing tokens based on TRON – TRX, BTT , NFT, JST, USDD, USDT, TUSD, have been granted statutory status as a digital currency and authorized medium of exchange in the country.
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Media contact
Yeweon Park
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