Smart Vault
Search documents
Tron Founder Justin Sun Invests $8M in River’s Stablecoin Abstraction Technology
Yahoo Finance· 2026-01-22 14:59
Group 1 - Justin Sun, founder of Tron, invested $8 million in the DeFi project River to enhance ecosystem integration on the Tron blockchain and to support the deployment of River's chain abstraction stablecoin infrastructure [1] - River aims to create a system that connects every asset to its opportunities, facilitating the free flow of value across ecosystems without capital being locked away [2] - The investment will enable multiple deployments, including stablecoin pools with USDT and USDD, lending and borrowing on JustLend, and price feeds from WinkLink, integrating core assets like USDT, TRX, and wBTC [3] Group 2 - River plans to launch Smart Vault and Prime Vault products targeting yield strategies for stablecoins and other core Tron assets, with the $RIVER token appreciating over 20% to an all-time high of $48.74 following the funding announcement [4] - The token has seen over 800% gains in the last 30 days, increasing its market capitalization to around $840 million, up from approximately $100 million at the start of January [4] - The recent investment by MaelstromFund in early January also contributed to a significant surge in the RIVER token, which rose from around $3 to $19, attributed to the endorsement of chain abstraction technology [5] Group 3 - Sun's investment occurs amid ongoing legal scrutiny regarding the alleged misappropriation of TrueUSD (TUSD) stablecoin reserves, with a judge imposing a worldwide freeze on $456 million in assets linked to TUSD reserves [6] - Techteryx, which acquired TrueUSD in 2020, has faced issues redeeming a significant portion of its U.S. dollar reserves managed by First Digital Trust between 2022 and 2023 [7]
X @Yuyue
Yuyue· 2025-09-10 14:44
今天看见 Falcon @FalconStable 准备发币了,所以找了点其他存钱的去处这个项目算是一个中小型矿吧,我看不少人在讨论,讨论度不低,fud 的和看好的都有。项目原先是从 btc 生态 pivot 过来的,BTCFi CDP -> meme based infofi,再有做了现在的链抽象稳定币。从项目融资角度来说背书是 CMS Holdings 和 Waterdrip Capital,有一定国人机构的背景质押期 45 天的 smart vault 的存款开了 20 分钟没有秒满,存了 6m 出头,看得出来大家对于 40.8% APR 高息定期揽储存款的顾虑,我个人还是比较敢于尝试风险的 😂,但评级来说的话,我倾向于这是一个较高收益但同时也具有中高风险的理财产品,40 多的 APR 等到发币了才能确定是不是够香另外也有个找存款地儿的办法是 defi 老农 @0xYond 老师推荐的,去 pendle 上按稳定币排序找地方存钱,也是个好路子River (@RiverdotInc):Smart Vault is coming▸ Deposit USDT▸ Earn 40% APR▸ $10M cap, ...