Tron Integration
Learn more about our latest integration of Tron Blockchain.
We are thrilled to announce Entangle's successful integration of the TRON network, the largest ecosystem for stablecoin rails, a growing hub for memecoin development, and more. This integration combines TRON’s high-speed, secure Layer-1 blockchain with Entangle’s interoperability and chain abstraction technology, enabling liquidity expansion on TRON; allowing connectivity with any virtual machine for TRON developers to launch scalable universal applications and assets. It also allows TRON users to access products from other ecosystems, abstracting away the cumbersome usual experiences associated with Web3.
TRON’s Expanding Ecosystem
Founded in 2017 by H.E. Justin Sun, TRON has rapidly positioned itself as a leading force in the blockchain industry, driving the decentralization of the internet through blockchain technology and decentralized applications (dApps). The TRON network has seen proper growth, with a 54% increase in accounts, now exceeding 204 million. The total transaction volume reached over $10 trillion, and Total Value Locked (TVL) achieved a global ranking of second, reaching $8.14 billion, according to DefiLlama. The ascent of TRON-based stablecoins—such as USDT, TUSD, USDC, USDD, and USDJ—have amounted to $50 billion in value, and has helped grow the DeFi landscape.
Notably, TRON became the largest holder of stablecoins globally in 2021, surpassing USDT on Ethereum. TRON’s vast ecosystem now includes the successful acquisition of BitTorrent, expanding its decentralized service offerings to over 100 million monthly active users. Its ecosystem has continued to grow, with full decentralization achieved in 2021, transforming into a community-governed DAO.
The Rise of Stablecoins on the TRON Network Stablecoins
A major driver of TRON’s success is its booming stablecoin ecosystem, particularly TRC20-USDT. With over 40.7 billion TRC20-USDT in circulation as of March 2023, TRON surpassed Ethereum as the leading blockchain for stablecoin transactions. TRC20-USDT now accounts for roughly 50% of the total USDT supply and supports over 11 million accounts, with daily transfers reaching $20 billion.
The benefits of TRC20-USDT are clear: low fees, instant transfers, consistent reliability, and complete transparency; all powered by smart contracts on the TRON network. TRON’s stablecoin rails are enabling global financial inclusion by making decentralized finance (DeFi) more accessible to users and businesses around the world.
Unlocking New Opportunities with Entangle
With Entangle’s integration, the TRON ecosystem adds global reach to its firepower and growing popularity. Users and communities from any ecosystem will now be able to access some of TRONs exciting innovations from any chain. In doing so, builders on TRON will have access to universal user bases and ecosystems.
Entangle’s Photon Messaging enables cross-chain native asset transfers, giving developers and users the ability to move assets between TRON and other blockchain networks seamlessly. Connect any smart contract on any blockchain, facilitating seamless cross-chain interactions for meme communities, NFTs, and other digital assets.
Imagine a community with its home base on TRON but being available on Solana, Cardano and Ethereum Roll-ups. This doesn’t just end here, we are seeing gaming and other verticals being pushed by the TRON DAO. With this integration, games built on TRON can now allow users to compete from any chain or with Entangles Universal Data Feeds. TRON developers can not only onboard real world assets on-chain but build exciting new dApps such as Omnichain predictions markets based on real world data.
The Future of TRON and Entangle
This integration enables a new range of arsenal for TRON’s expanding ecosystem. By integrating Entangle’s Omnichain suite of tools, TRON can expand innovation on not only programmable money but also empower smart contracts to communicate across any blockchain. With Entangle, the TRON ecosystem, developers, dAPPs, and assets expand its reach to global users and liquidity.