Tron decentralized autonomous organization , a community-focused body that supports development on the Tron network, said that it would purchase over $1 billion worth of tether stablecoins to cushion against a market decline.
"To safeguard the overall blockchain industry and crypto market, TRON DAO Reserve will purchase $300,000,000 #USDT in the market," Tron DAOIn a follow-up tweet, Tron DAO said they would increase the purchase amount to over $1 billion.
paoloardoino trondaoreserve shauryamalwa 🤔 bfxleosafrica
trondaoreserve shauryamalwa Justin Sun stepping in really sounds like the end of times
trondaoreserve shauryamalwa RyanNguyenHC
trondaoreserve shauryamalwa Some underlying stuff going on. If Binance isnt even trying to save FTX, why would Justin Sun do it. More to this for sure.