The total amount of stUSDT staking for Tron’s first RWA product has exceeded 450 million USDT and is now officially supported on the Ethereum network

ChainCatcher news, the first RWA (Real World Asset) track product stUSDT platform in the TRON ecosystem has begun supporting the Ethereum network. As of now, the total amount of stUSDT-ERC20 staked has exceeded 20 million USDT, and interest calculation will officially start on August 2. Users can also deposit stUSDT into the Wrapper contract to obtain wstUSDT for use in DeFi protocols based on constant balance tokens.

It is reported that stUSDT is the first RWA track product supported by the TRON network, officially launched on July 3. The latest data from the official website shows that the total amount staked for the first RWA product stUSDT in the TRON ecosystem has exceeded 450 million USDT. As of now, the APY for the stUSDT product is as high as 4.17%.