TRON Joins Japan Cryptoasset Business Association to Foster Collaboration in the Crypto Industry
TRON DAO (TRON) has become an associate member of the Japan Cryptoasset Business Association (JCBA) as of August 1st, 2023. This move signifies TRON’s commitment to building partnerships and promoting the growth of the crypto industry in Japan and throughout Asia.
Key Points:
- TRON has joined JCBA as an associate member to collaborate with the Japanese market.
- JCBA is an association established in 2016 to support the development of digital assets in Japan.
- TRON aims to contribute to JCBA’s vision by leveraging its efficient network and userbase.
- TRON DAO is a community-governed DAO dedicated to decentralizing the internet through blockchain technology.
- TRON has achieved significant milestones, including ecosystem integration with BitTorrent and becoming the national blockchain for Dominica.
TRON DAO, founded by H.E. Justin Sun in 2017, is dedicated to accelerating the decentralization of the internet through blockchain technology and dApps. With over 179.07 million total user accounts, 6.26 billion total transactions, and $13.01 billion in total value locked, TRON has gained significant traction in recent years.
TRON also hosts the largest circulating supply of USD Tether (USDT) stablecoin globally and has been designated as the national blockchain for the Commonwealth of Dominica. TRON’s partnership with Dominica includes the issuance of the Dominica Coin (DMC), a blockchain-based fan token, and seven TRON-based tokens that have been granted statutory status as authorized digital currency and medium of exchange in the country.
By joining JCBA, TRON aims to collaborate closely with the Japanese market and contribute to the association’s vision. This move further strengthens TRON’s position as a leading global blockchain platform.
Hot Take: TRON’s decision to join the Japan Cryptoasset Business Association demonstrates its commitment to fostering collaboration and promoting the growth of the crypto industry. By leveraging its network and user base, TRON aims to contribute to the association’s vision and expand its presence in the Japanese market.
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