Justin Sun: TRON’s on-chain revenue and destruction scale are sufficient to support a stablecoin with a volume of 2-3 billion US dollars
2024-10-27 08:29
Odaily News When Justin Sun talked about USDD in an article on X, he said: "Regarding decentralized stablecoins, what everyone is most worried about is the mortgage issue. Will there be chain liquidations when the price falls? I won’t talk about the technical prevention. You can see the parameters when it is released. The biggest advantage is TRON’s on-chain revenue and destruction. Now it is $2 billion a year. I personally think that there is no problem in supporting a stablecoin with a volume of $2-3 billion. It can meet the needs of most people in the circle." Earlier, Justin Sun said that TRON’s top priority in Q4 is to upgrade USDD and will launch a series of initiatives.
