TRON Native Token TRX Up 27% Following DAO $220M Deployment for Token Purchase
By Tolu Ajiboye June 16th, 2022
The price of TRX benefitted from a committed move by the TRON DAO to shield its USDD stablecoin from collapsING following the recent dip.
Justin Sun
Tech entrepreneur, the founder of the cryptocurrency platform TRON.
About
Justin Sun is a tech entrepreneur, the founder of the cryptocurrency platform TRON and current CEO of BitTorrent. Justin Sun holds an M.A. in East Asia Studies from the University of Pennsylvania and a B.A. in History from Peking University. He is also the former chief representative of the Greater China area of Ripple; founder and CEO of mobile social App Peiwo.
When he was 26, Sun was chosen by Jack Ma to study at Hupan University, he was the only millennial among the first graduates of Hupan University. Besides that, he became the cover figure of Yazhou Zhoukan in 2011; Davos Global Youth Leaders in 2014. 2015 CNTV Most noteworthy new entrepreneur; was named Forbes China 30 Under 30 from 2015 through 2017. Sun placed the record-breaking $4.5 million bid to have a private lunch with Berkshire Hathaway CEO Warren Buffett in June 2019.
Click to see more
- Known for:
TRON Foundation
- Born:
Jan 1st, 1990
- Nationality:
Chinese
- Education:
University of Pennsylvania, M.A. in East Asia Studies
Peking University, B.A. in History
- Other Projects:
TRON Foundation - Founder
BitTorrent - CEO
Greater China area of Ripple - chief representative
Peiwo (mobile social app) - Founder and CEO
Community
News About Justin Sun
APENFT Auctions Five Vanity Fair NFT Covers
By Kseniia Klichova June 11th, 2022
APENFT and Valuart completed the first Vanity Fair NFT Cover Drops on Monday, May 23.
Tron ‘Over-Collateralizes’ Its USDD Stablecoin to Avoid Terra-like Collapse
By Bhushan Akolkar June 6th, 2022
Tron accelerates its plan to collateralize its native USDD stablecoin. Tron will use three separate crypto – Bitcoin, USDT, and TRX – as a way to diversify their reserves.
USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
By Kseniia Klichova June 5th, 2022
Currently Collateralized at Over 200% with a Guaranteed Minimum Collateral Ratio of 130%.
Tron Founder Speaks on His UST-like Stablecoin USDD
By John K. Kumi May 16th, 2022
According to Dustin Teander, an analyst at digital asset data platform Messari, USDD is mechanistically similar to UST in terms of minting and price stability.