TRON DAO Begins Minting USD1 Stablecoin on Blockchain

TRON DAO, a community-governed decentralized autonomous organization (DAO) focused on advancing the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the commencement of minting for the USD1 stablecoin on the TRON blockchain. Developed by World Liberty Financial, a pioneer in DeFi protocols and governance platforms inspired by President Donald J. Trump, USD1 is fully backed by short-term US government treasuries, US dollar deposits, and other cash equivalents.

The minting of USD1 on TRON follows an announcement made last month at Token2049 in Dubai by Eric Trump, executive vice president of the Trump Organization and co-founder of World Liberty Financial. During his speech, Trump revealed that USD1 was chosen to settle MGX’s $2 billion investment in Binance. This was swiftly followed by a statement affirming that USD1 would be fully integrated into the TRON ecosystem.

The minting process began in the early hours of June 11, as documented by an X post from TRON founder Justin Sun. Sun described this event as a “giant leap for stablecoins,” highlighting the significance of this development in the crypto industry. Sun expressed his enthusiasm for the collaboration with World Liberty Financial and the Trump administration's efforts to foster a more supportive environment for innovation in the crypto space.

The integration of USD1 as an independent and secure stablecoin enhances the TRON ecosystem and supports its mission to promote economic growth. By providing the transparency and security that institutions require, USD1 positions TRON for broader institutional adoption. World Liberty Financial's decision to mint USD1 on TRON underscores the growing trust in the network's robust infrastructure and demonstrates increasing institutional confidence in TRON's ability to deliver secure, scalable blockchain solutions for global markets.

TRON DAO, founded in September 2017 by Justin Sun, has seen substantial growth since the launch of its MainNet in May 2018. As of May 2025, the TRON blockchain has recorded over 312 million user accounts, more than 10 billion transactions, and over $22 billion in total value locked (TVL). The TRON blockchain also hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $78 billion.