TRON DAO recently served as a Gold Sponsor at Binance Blockchain Week 2024, held in Dubai from October 30 to 31. This event brought together leaders from across the blockchain industry to discuss how blockchain technology is shaping the global economy.
Highlights from Binance Blockchain Week
At the event, TRON’s founder, Justin Sun, spoke during the “Binance Blockchain Week Dubai 2024: The Road to Dubai” session. He highlighted TRON’s recent successes, including record-high protocol revenue, a gas-free stablecoin solution, and the development of Bitcoin Layer 2 on TRON. Additionally, he introduced the new T3 Financial Crime Unit, created with Tether and TRM Labs to enhance security.
Sam Elfarra, a Community Spokesperson for TRON DAO, also represented the organization in a panel called “Building the Backbone of Digital Payments & Stablecoins.” The panel focused on blockchain’s impact on digital finance. During the discussion, Elfarra emphasized how TRON supports global stablecoin use, helping build a reliable infrastructure for digital payments.
Elfarra stated, “Blockchain is essential in emerging markets. TRON now hosts 35% of the global stablecoin market, providing key infrastructure that supports consumers, businesses, and developers.”
The event concluded with TRON DAO and Binance co-hosting an exclusive Halloween After Party. This gathering included professionals from traditional finance, developers, and industry leaders. Together, they discussed blockchain’s potential to reshape industries, create new solutions, and connect the world in exciting ways.
About TRON DAO
TRON DAO is a community-led organization working to decentralize the internet through blockchain and dApps.
Founded by Justin Sun in 2017, TRON has achieved impressive milestones. The TRON MainNet launched in 2018, followed by TRON’s acquisition of BitTorrent, a service now used by over 100 million monthly users. By October 2024, TRON reached 268 million user accounts, recorded over 8.8 billion transactions, and secured a total value locked (TVL) exceeding $15 billion.
TRON also holds the world’s largest supply of USD Tether (USDT) stablecoins, surpassing Ethereum in 2021. After reaching full decentralization in 2021, TRON became a community-governed DAO. In 2022, TRON partnered with the Commonwealth of Dominica, making history as the first public blockchain to work with a sovereign nation. This partnership authorized TRON-based digital currencies as legal tender and launched Dominica Coin (DMC), a fan token.
To stay updated, follow TRON DAO on TRONNetwork, TRONDAO, X, YouTube, and Telegram.
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