TRON DAO participates as gold sponsor at Binance Blockchain Week in Dubai

Geneva, Switzerland, November 8, 2024 – TRON DAO participated as Gold Sponsor in Binance Blockchain Week 2024, held from October 30 to 31, 2024, in Dubai. This event brought together leaders from across the industry to discuss the changing landscape of blockchain technology and its impact on the global economy.

Key Highlights of the Week Binance Blockchain

Justin Sun, founder of TRON, recently joined a Binance live session, “Binance Blockchain Week Dubai 2024: The Road to Dubai,” to discuss the latest TRON developments. Highlighted TRON Protocol Revenue Reaches All-Time Higha gasless stablecoin solution, the development of a btc L2 on the TRON network and the new crypto-crime/” target=”_blank” rel=””>T3 Financial Crimes Unitan initiative launched in collaboration with Tie and TRM Laboratories.

Sam Elfarra represented TRON DAO as a community spokesperson in 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 like TRON support stablecoin activity while contributing to global digital payments infrastructure.

“Blockchain technology is essential in emerging markets. Hosted by the TRON network 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-hosting the official BBW after-party during Halloween. The exclusive meeting was comprised of TradFi professionals, developers and various industry leaders. Attendees shared ideas and engaged in forward-thinking discussions focused on the advancement of blockchain technology; exploring its potential to reshape industries, drive transformative solutions and foster a more connected future.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the Internet through blockchain technology and dApps.

Founded in September 2017 by Justin Sun, the TRON network has continued to make impressive achievements since the launch of MainNet in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, which has over 100 million monthly active users. The TRON network has gained incredible traction 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 worldwide, surpassing USDT on ethereum as of April 2021. The TRON network completed its full decentralization in December 2021 and is now a DAO governed 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 nation to develop its national blockchain infrastructure. blocks. In addition to government support to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica's global fanfare, seven existing TRON-based tokens: TRX, BTT, nft, JST, USDD , USDT, TUSD, have been granted legal status as an authorized digital currency and medium of exchange in the country.