Justin Sun, founder of TRON, recently announced that TRON has joined Chainlink SCALE. This partnership means Chainlink Data Feeds will serve as the official oracle for TRON. Sun shared the news on his official X account.
Today’s announcement: @trondao has joined Chainlink Scale, adopting Chainlink Data Feeds as TRON’s official oracle. Once upgraded, $6.5B+ in DeFi TVL will be secured by @chainlink , creating opportunities for Chainlink and TRON’s $60B+ in stablecoins and RWA! pic.twitter.com/ArDkMysuMq
— H.E. Justin Sun (hiring) (@justinsuntron) October 31, 2024
TRON Enhances Security for $6.5 Billion in DeFi with Chainlink Upgrade
This strategic upgrade is quite important. It will improve the security of more than $6.5 billion in DeFi total value locked on the TRON platform. TRON needs to enhance the dependability of its services using Chainlink’s reliable infrastructure. In addition, this decision creates new possibilities in a vast environment, which is estimated at $60 billion, such as stablecoins, and real-world assets.
The use of Chainlink Data Feeds is now considered a significant achievement for TRON. This upgrade is going to enhance the security of $6.5 billion DeFi TVL. It is believed that this development will help Chainlink and TRON to complement each other mainly through stablecoins and asset-backed tokens.
TRON Aims for Growth as One of the Largest DeFi Networks
TRON is among the biggest DeFi networks globally, and it has the goal of increasing the ecosystem’s growth rate. Through integrating with Chainlink SCALE, TRON wants to obtain better and more accurate oracle services.
Lastly, this collaboration undoubtedly benefits TRON as a blockchain that focuses on DeFi while also improving the functionality of its ecosystem. In this way, as the platform develops further, TRON creates the conditions for further development and growth in the future of the blockchain industry.
