On May 29, Justin Sun, founder of TRON, attended the 8th Hit FinTech Financial Technology Industry Summit in Taiwan online and delivered a video speech. He said that as a decentralized digital currency, the transaction and issuance of cryptocurrency do not rely on any centralized financial institution, thus realizing the decentralization of financial transactions. Today, cryptocurrency has become an important part of the financial technology field, and its rapid development speed is remarkable.

It is reported that this year's "Hit FinTech" financial technology industry summit brought together dozens of opinion leaders to discuss in depth core issues related to the future development of financial technology in Taiwan, such as artificial intelligence, blockchain, ETF, cryptocurrency, digital finance, etc.

In his speech, Justin Sun said that with the continuous development of science and technology, financial technology has become an important driving force for the financial industry. It has not only changed the way and efficiency of financial services, but also promoted the innovation and development of the financial industry.

Sun Yuchen pointed out that financial trust is the foundation of the operation of the financial system, which is related to the stability and development of the financial market. However, the traditional financial system has many problems, such as centralized risks, high transaction costs, data leakage, etc. These problems have led to a decline in people's trust in the financial system.

"Driven by blockchain technology, cryptocurrency has come into being. As a decentralized digital currency, its trading and issuance do not rely on any centralized financial institution, thus realizing the disintermediation of financial transactions. Today, cryptocurrency has become an important part of the financial technology field, and its rapid development is remarkable," he said.

Justin Sun said that in the field of encryption, TRON has become an outstanding representative. With the help of massive stablecoins, TRON is realizing the role of a global payment tool.

It is understood that the number of TRON accounts has exceeded 230 million, which is an amazing number. Moreover, this number is still growing. At the same time, TRON has more than 2 million daily active users in the past month, and the total number of transactions has exceeded 7.7 billion, showing the wide application and popularity of TRON in the world. What is even more remarkable is that the total locked volume (TVL) of TRON has exceeded 21.8 billion US dollars. This is not only a huge number, but also highlights the status and influence of TRON as the fastest growing public chain in the world.

"TRON has a strong infrastructure, including high-performance transaction speeds and low transaction fees. This allows users to enjoy more convenient and efficient services when conducting financial transactions. At the same time, TRON also provides an open, decentralized platform for developers, businesses and individuals around the world with its high efficiency, security and low cost. With the support of TRON, various financial technology applications can be quickly implemented, bringing users a convenient and secure financial service experience." Justin Sun emphasized.

It is worth mentioning that stablecoins play an important role in the TRON ecosystem. Stablecoins are cryptocurrencies pegged to fiat currencies, whose prices are relatively stable and not easily affected by market fluctuations.

Justin Sun said that in the TRON ecosystem, stablecoins are widely used in payment, transfer, trading and other scenarios, providing users with a convenient payment tool. Stablecoin payment is also the only use case that non-crypto users can easily understand. Currently, TRON is also realizing the role of a global payment tool, allowing users to conduct financial transactions around the world without being restricted by region, currency, etc.

Relying on strong fundamental support, TRON has achieved great achievements in inclusive finance.

"TRON leverages the advantages of blockchain technology and cryptocurrency to provide financial services to people who are not covered by traditional financial services. Whether users in developed countries or people in extremely underdeveloped areas, they can all enjoy convenient, efficient and low-cost financial services through TRON," said Justin Sun.

Justin Sun finally said that in the future, TRON will actively participate in international financial technology cooperation and expand its influence. The development of financial technology is a global trend. TRON will establish cooperative relationships with financial technology companies in other countries and regions to jointly promote the development of financial technology and contribute to the prosperity of the global economy.

Source: China International Capital Corporation

Original link: http://news.cnfol.com/shangyeyaowen/20240530/30759432.shtml