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River receives a $8 million strategic investment from Justin Sun to support its deep integration into the TRON ecosystem
BlockBeats News, January 22 — According to an official announcement, River announced it has secured a $8 million strategic investment from Justin Sun to support its deep integration within the TRON ecosystem and the deployment of chain-abstracted stablecoin infrastructure.
River will introduce cross-ecosystem assets and liquidity into TRON through the stablecoin satUSD. satUSD can be minted on a 1:1 basis with USDT, USDD, or USD1, or supported by multi-chain assets, helping users directly participate in high-yield opportunities native to TRON.
satUSD will be used alongside USDT and USDD in SUN.io’s stablecoin pools, with price oracles provided by WinkLink, and will be integrated with JustLend to support lending.
This integration will cover core assets such as USDT, TRX, wBTC, BTT, JST, SUN, WIN, and NFTs, with initial access through native sTRX staking rewards. River also plans to launch Smart Vault and institutional-grade Prime Vault to provide scalable yield solutions for stablecoins and core TRON assets.