stUSDT, the first rebasing real-world asset stable yield protocol on TRON and Ethereum networks, reflects on a successful 2024 marked by innovations and active development.
Key metrics
In 2024, stUSDT achieved significant progress in various areas. The community grew to 25.5k members, with $59.3 million staked and 353k stakers. $58.6 million in rewards were made available, reflecting the attractiveness and affordability of stUSDT.
Product upgrades
2024 was dynamic for stUSDT regarding product upgrades. In September 2024, the company streamlined access to asset investment strategies. In November 2024, an advanced approach combining RWA and blockchain investments was introduced to enhance yield and asset security. In July 2024, ChainSecurity found no major vulnerabilities in the protocol's smart contracts.
Ecosystem growth
Through optimized strategies, stUSDT's ecosystem saw significant growth in 2024. In May, the wstUSDT was listed on the Swell L2 platform. Early in the year, wstUSDT ranked second in JustLend DAO's lending market by TVL. In January 2024, stUSDT joined HTX DAO's global ecosystem as a partner.
Overall, stUSDT had a successful year. The protocol continues to evolve, grow its ecosystem, and strengthen its community. Plans for 2025 promise to be equally productive.
