Plume Network Integrates SkyLink with TRON to Offer Real-World Asset Yields
TL;DR
Plume's integration with TRON via SkyLink offers users a competitive edge by providing direct access to asset-backed yields from tokenized U.S. Treasuries and private credit.
SkyLink, leveraging LayerZero’s SyncPools, enables secure, permissionless access to institutional-grade financial products across chains, ensuring continuous yield streaming to users’ wallets.
This collaboration between Plume and TRON democratizes access to real-world financial products, fostering financial empowerment and inclusion globally through DeFi.
Discover how Plume and TRON's SkyLink integration is revolutionizing DeFi by bridging the gap between traditional finance and blockchain technology.
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Plume Network has announced a strategic integration with TRON to launch SkyLink across the TRON Network, providing TRON's global user base with direct access to asset-backed yields from tokenized U.S. Treasuries, private credit, and other real-world financial products. This development represents a significant milestone for TRON, known for its leading decentralized payments and settlement network in emerging markets, by enabling stablecoins on TRON to be deployed into real-world asset (RWA) yield strategies and institutional-grade investment assets.
Chris Yin, CEO of Plume, highlighted the importance of this integration, stating, 'TRON is one of the most systemically important networks in crypto today – moving billions in stablecoins daily across global economies.' The collaboration leverages TRON's settlement network to broaden access to real-world assets and yields, allowing users and institutions to preserve dollar liquidity while earning sustainable returns.
SkyLink, Plume's omnichain RWA yield distribution protocol, facilitates secure, permissionless access to institutional-grade financial products across chains. Utilizing LayerZero’s SyncPools architecture, SkyLink ensures continuous and transparent yield streaming to users’ wallets through mirrored YieldTokens, with underlying liquidity remaining locked on each native chain, including TRON.
Sam Elfarra, Community Spokesperson for the TRON DAO, emphasized the collaboration's role in enhancing TRON's mission for speed, scale, and accessibility. 'By integrating SkyLink, we’re enabling users around the world to access compliant and institutional-grade, dollar-denominated investment products directly from their wallets or custodians,' Elfarra said. This integration not only expands Plume's reach to one of the largest and most active DeFi user bases but also introduces a new era of financial empowerment through decentralized finance.
SkyLink’s mirrored YieldTokens and LayerZero’s SyncPools architecture ensure omnichain compatibility, unified compliance standards, and native composability across supported ecosystems, including Solana, TRON, Sui, Soneium, Injective, and Omni Network. This integration signifies a pivotal step forward in bridging the gap between traditional finance and decentralized finance, offering users unprecedented access to real-world asset yields within the crypto ecosystem.
Curated from News Direct
