TRON Update: TRON, Tether and TRM Labs establish first-ever private sector financial crime unit to combat crypto crime

TRON Update: September 16th 2024
Hello TRONics!

We're back with another edition of the TRON Update, bringing you the latest and most exciting developments from across the TRON ecosystem. This month, we're celebrating our community's achievements and groundbreaking integrations that showcase TRON's increasing role in the world of blockchain. Let's dive in!

🚨 TRON, Tether and TRM Labs establish first-ever private sector financial crime unit to combat crypto crime

_{TRON, Tether, and TRM Labs announced this week that they have joined forces to establish the T3 Financial Crime Unit (T3 FCU), a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain. This novel collaboration brings together the anti-financial crime expertise of TRM Labs, a leading blockchain intelligence firm; the technical expertise of TRON, a leading global blockchain and DAO; and external investigations team at Tether, the largest company in the digital asset industry, to create a safer and more secure crypto community for all.}

For more details, check out the full Cointelegraph article here.

✈️ TRON Takes on Singapore at Token2049

Get ready for an action-packed experience at Token2049, where TRON, as the title sponsor, is bringing a lineup of exciting events and exclusive opportunities to engage with the global blockchain community. Kicking things off on September 18th, we’re hosting the HTX DAO x TRON Token2049 After Party from 7:00 PM to 11:00 PM SGT. Join us for an evening of networking as we bring together some of the biggest names in crypto. Don't miss the chance to connect with key figures from the industry in a lively atmosphere. On September 19th, Dave Uhryniak (Community Spokesperson) will speak at 4:15 PM SGT on the DWF Labs Stage, followed by a panel featuring H.E. Justin Sun, at 4:40 PM SGT on the OKX Main Stage. TRON is also a premier sponsor of Google Cloud’s side event: “AI and Web3: Building a Trusted Digital Future”. The event will run from 2:00 PM to 6:45 PM on the 19th, sign up here to attend.

For more updates on Token 2049, follow us on social media.

🌍 Uquid Shopping Insight: USDT-TRC20 Gaining Traction in Mozambique

In Mozambique, we’re seeing an exciting trend as more and more people are turning to digital shopping powered by USDT-TRC20 on the Uquid platform. This surge in adoption highlights a broader trend toward digital currencies, particularly in regions where access to traditional banking services may be limited. For Mozambicans, USDT-TRC20 is becoming a popular solution for fast, secure, and efficient transactions, further demonstrating the practical use of TRON’s stablecoin in real-world scenarios.

📊 Token Terminal’s Analysis: on TRON vs Base

In the latest insight by Token Terminal, TRON is showing dominance across multiple metrics. USDT on TRON is approximately 20 times larger than USDC on Base in terms of supply. TRON also boasts around 50 times more USDT holders than USDC on Base, demonstrating the widespread adoption and trust in the TRON ecosystem. Furthermore, TRON sees 20 times more monthly senders of USDT compared to Base’s USDC, and in terms of weekly transfer volume, TRON outpaces Base by about 2 times. These metrics solidify TRON’s position as the go-to network for stablecoin transactions, especially for those looking for efficient, high-volume transfers.

Stay tuned for more updates, and follow us on social media to stay informed about TRON's continuous growth!

Thank you for being a part of the TRON community and staying with us through this journey of innovation, growth, and global adoption. We’ll be back soon with more updates and exciting developments to keep you ahead of the curve.

Warm regards,
The TRON DAO Team