As discussions continue regarding secure storage solutions for large USDT holdings, Tron founder Justin Sun suggests using a multi-signature approach for enhanced security.
Benefits of Storing USDT on Tron
USDT on the Tron network is fully recognized by Tether on a 1:1 basis, similar to Ethereum. With over 62 billion USDT issued, Tron offers significant advantages in terms of security, governance, and transaction transparency.
Local Multi-Signature Security
Tron provides built-in multi-signature functionality at the blockchain level, unlike Ethereum which relies on third-party smart contract solutions like Gnosis Safe. This eliminates smart contract vulnerabilities previously exploited in Ethereum's implementations.
Transparent Transactions and Enhanced Security
Multi-sig transactions on Tron are completely transparent to Ledger hardware wallets, greatly reducing the risk of blind signing, a common vulnerability on Ethereum.
With its built-in protections and lower risk of smart contract abuse, Tron offers a superior alternative to Ethereum for enterprise-grade USDT storage.
