TRON has reached another milestone in its collaboration with sovereign governments by being appointed as Dominica’s authorized national blockchain infrastructure and receiving an endorsement to issue Dominica Coin. 

Additionally, from October 7th, 2022, all TRON tokens, including TRX, BTT, JST, NFT, USDD, USDT, and TUSD, will be accorded statutory status as approved digital currencies and mediums of exchange in the Commonwealth of Dominica. This accomplishment is the first of its type in the blockchain industry, and it marks a significant step forward for TRON’s efforts.

The collaboration between TRON and Dominica has resulted in the development of several new applications for blockchain technology and has paved the way for the latter’s further growth in the future.

Dominica’s Prime Minister Roosevelt Skerrit said regarding the achievement:

“This is a historic step for Dominica in its drive to enhance economic growth by embracing digital innovation and appointing TRON Protocol as its designated national blockchain infrastructure.”

By promoting the growth of e-commerce and blockchain technology in the Caribbean, H.E. Justin Sun, the Permanent Representative of Grenada to the World Trade Organization and the Creator of TRON, is working to increase the region’s participation in the global economy.

He said:

“The TRON team and myself are delighted that Prime Minister Roosevelt Skerrit trusts TRON to develop the blockchain infrastructure that will empower their participation in the decentralized financial future. We hope it is the first of many technological partnerships with sovereign governments to come.”

In a related development, the total number of transactions that have taken place on the TRON blockchain has recently surpassed 4 billion. This comes after reports began to circulate that the TRON blockchain’s founder was the actual buyer of the cryptocurrency exchange Huobi. Justin Sun, however, recently announced that he will be joining the Global Advisory Board of the exchange.