On November 12, Sun Yuchen, founder of TRON and member of the Huobi HTX Global Advisory Committee, attended the W 2140 World AI+WEB3 Expo online, winning 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, with TRON showing significant advantages in this area.
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 now built an application ecosystem covering various fields such as payments, memes, decentralized finance (DeFi), and NFTs, injecting continuous vitality into the practical application of blockchain.
Especially regarding the stablecoin USDT, Sun Yuchen pointed out that with TRON's high-performance network, USDT transfers can achieve efficient and low-cost operations, significantly enhancing user experience and providing instant confirmation and low-cost services for cross-border payments and local transfers, meeting users' needs for fast and secure payments. Additionally, TRON has further expanded payment and transfer application scenarios 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, particularly through USDD to explore new models of decentralized finance. He emphasized that despite the various challenges faced by decentralized stablecoins, TRON firmly believes that decentralization is at the core of the blockchain spirit and is the cornerstone of future financial systems.
Sun Yuchen stated that in the fourth quarter, TRON's top priority is to upgrade USDD, positioning it as an authoritative decentralized stablecoin in the cryptocurrency 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 amidst economic fluctuations. Meanwhile, TRX, as TRON's native token, has become an ideal collateral for decentralized stablecoins due to its market 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.
When discussing market impact, Sun Yuchen disclosed that the current market capitalization of TRX has exceeded $16 billion, with liquidity depth exceeding $200 million, and maintaining a low slippage of below 3%, which provides solid support for USDD's position as a decentralized stablecoin. He predicts that as the TRON ecosystem continues to mature, the fundamental valuation of TRON will break through $30 billion, further enhancing the market influence and user confidence of the entire ecosystem.
Apart from payment and transfer scenarios, Sun Yuchen noted that TRON will continuously explore and push the boundaries of blockchain technology, supporting and incubating a series of innovative projects with real application scenarios and 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 W 2140 EXPO organizing committee, bringing together top blockchain experts, developers, and elites in the AI field from around the world. As the largest WEB3 ecological themed event globally, its influence covers over 150 countries and regions, and it is expected to attract around 200,000 blockchain technology and cryptocurrency enthusiasts to visit.
