• Justin Sun, the CEO and founder of TRON, was a guest on Bloomberg TV for an exclusive interview.
• In his discussion, Sun addressed the recent growth in trueUSD and stablecoin regulation.
• He also noted that TRX is working with Circle to use cryptocurrency exchanges and decentralized apps (dApps), and recently tweeted that Hong Kong’s stablecoin will be introduced on TRX soon.
Justin Sun Discusses TrueUSD Growth
Justin Sun, the CEO and founder of TRON, was a guest on Bloomberg TV for an exclusive interview where he discussed the recent growth in trueUSD and stablecoin regulation. According to Sun, the limited options in the stablecoin markets may be a factor perpetrating its growth, especially with the regulatory crackdown on BUSD and attacks on USDC which have made trueUSD a more available option. Additionally, Sun noted that TRX is working with Circle to use cryptocurrency exchanges and decentralized apps (dApps).
Sun’s Vision For The Future Of Blockchain And Crypto
In his exclusive interview, Justin Sun shared his vision for the future of blockchain and crypto. He set his key performance indicator for 2023 as adopting TRX as legal money in five nations. Moreover, he recently tweeted that Hong Kong’s stablecoins will soon be introduced on TRX.
Regulatory Challenges In The Industry
Sun also touched upon some of the regulatory challenges in the industry such as SEC’s litigation against Binance following their acquisition of Huobi Global. Despite certain circumstances surrounding these events, Sun remains optimistic about Tron network’s ability to process rapid market increase without any major disagreements over previous weeks.
BRICS Tender Acquisition
The Tron community has released a tweet insinuating China’s potential support towards introducing a BRICS tender which could lead other BRICS countries to adopt similar approaches if it is endorsed by China. This news has further fueled speculation surrounding Justin Sun’s vision for 2023 where he desires to make TRX legal money in five nations across the world.
It appears that Justin Sun is not just looking at stabilizing cryptocurrencies but also aiming to make them viable legal tenders across multiple nations around the world. This would cement Tron network’s place as one of leading platforms pushing forward Ethereum-based dapps while introducing new regulations into existing markets via adoption from some of world’s biggest economies such as China or India among others