TrueFi Launches USD-Based TRI Token for RWA Asset Trading
Decentralized credit protocol TrueFi has announced its plans to introduce the Trinity protocol on the Base blockchain. The protocol will use the TRI token, which is backed by collateral assets denominated in US dollars, to make it easier for users to obtain leverage and hedge risks. Trinity has reportedly launched on the Optimism Sepolia testnet and, once audited, will select initial users. The maximum limit for the initial release of the TRI token is expected to be $40 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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