On November 12, Sun Yuchen, founder of TRON and member of the Huobi HTX Global Advisory Committee, attended the W2140 World AI + WEB3 Expo online, where he won the Annual Blockchain Leader Award and was invited to give a keynote speech. He believes that the diversified development of public chain ecosystems is not only a necessary condition to meet diverse market demands but also the core driving force for the continuous evolution of the blockchain industry, in which TRON has demonstrated significant advantages.
In his speech, Sun Yuchen emphasized that only assets with liquidity and a real user base can truly create value for the public chain ecosystem. To this end, TRON is committed to building an efficient, secure, scalable, and decentralized blockchain platform. Since its establishment, TRON has continuously achieved breakthroughs in technology and has built an application ecosystem covering multiple fields such as payments, memes, decentralized finance (DeFi), and NFTs, injecting continuous vitality into the practical applications of blockchain.
Particularly regarding the stablecoin USDT, Sun Yuchen pointed out that through TRON's high-performance network, USDT transfers can achieve efficient and low-cost operations, significantly enhancing user experience and providing instant confirmation and low-fee services for cross-border payments and local transfers, meeting users' needs for fast and secure payments. Additionally, TRON has further expanded the application scenarios for payments and transfers through partnerships with local payment institutions in Europe and South America.
When discussing future developments, Sun Yuchen revealed that TRON will continue to explore decentralization, especially through USDD to explore new models of decentralized finance. He emphasized that although decentralized stablecoins face various challenges, TRON firmly believes that decentralization is the core of the blockchain spirit and the cornerstone of the future financial system.
Sun Yuchen stated that in the fourth quarter, TRON's primary task is to upgrade USDD, positioning it as an authoritative decentralized stablecoin in the crypto market. To this end, TRON will take a series of strong measures, including enhancing transparency, strengthening technical safeguards, and optimizing collateral management, to ensure that USDD can maintain stable operation amid economic fluctuations. Meanwhile, TRX, as TRON's native token, has become an ideal collateral for decentralized stablecoins due to its market value stability and high liquidity. Sun Yuchen further revealed that TRON plans to add Bitcoin as collateral for USDD in the future, laying a more solid foundation for the development of decentralized stablecoins.
Regarding market impact, Sun Yuchen disclosed that TRX's market value has exceeded $16 billion, with liquidity depth exceeding $200 million and maintaining a low slippage of below 3%, providing solid support for USDD's position as a decentralized stablecoin. He predicts that as the TRON ecosystem continues to mature, TRON's fundamental valuation will exceed $30 billion, further enhancing the market influence and user confidence of the entire ecosystem.
In addition to payment and transfer scenarios, Sun Yuchen pointed out that TRON will continuously explore and push the boundaries of blockchain technology, supporting and incubating a series of innovative projects with practical application scenarios and real user bases, further enriching the TRON ecosystem and promoting the application of public chain technology in more scenarios.
It is reported that this expo is hosted by the Thai government and the Thai Asian Chamber of Commerce, organized by the W2140EXPO organizing committee, gathering top blockchain experts, developers, and elites in the AI field from around the world. As the largest WEB3 ecosystem-themed event globally, its influence covers over 150 countries and regions, and it is expected to attract about 200,000 blockchain technology and crypto asset enthusiasts to attend.
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