Justin Sun, founder of TRON, recently accepted an exclusive interview with The Wolf Of All Streets podcast and shared comprehensively on topics such as the future trends of the encryption market, technological innovation, TRON’s strategic layout and development prospects.
Talking about the development of the encryption market, Justin Sun said that the bull market has just begun. Judging from the past performance of the market, every time Bitcoin halves, the currency price will hit a new high. When the halving event occurs and the Federal Reserve begins to cut interest rates, more funds will pour into the encryption market, a large part of which comes from Bitcoin. Coin spot ETF. He also mentioned that he believes that over time, the Bitcoin ETF will become one of the largest ETFs in history, and more and more institutional investors will enter the Bitcoin ETF in the future.
Regarding the Bitcoin L2 solution, Justin Sun pointed out that many people still only use Bitcoin as a store of value. They buy Bitcoin not because of the many ecological use cases on the chain, but as a store of value. The untapped potential of the Bitcoin L2 protocol is huge. TRON has also created a cross-chain bridge connecting Bitcoin and the TRON network. Users can cross-chain Bitcoin to the TRON network and vice versa.
Regarding the reasons why the Tron version of USDT is so popular, Justin Sun said that first of all, it is cheaper than Ethereum, and the arrival time is also an important factor. The TRON version of USDT occupies a strong dominance in emerging markets. Currently, in many regions, such as Brazil, Argentina, Turkey, Africa, and Southeast America, the market share of the TRON version of USDT exceeds 70% or even 80%.
In terms of the future development of TRON, Justin Sun pointed out that DeFi is still very hot at present, and more and more people are developing DeFi applications based on the foundation we built in 2020 and 2021. This year, we will continue to increase the market value of stablecoins on the Tron chain, and strive to build more complete contract transactions, token transactions, Meme currency ecology, etc. on the Tron network.
Full video:https://www.bilibili.com/video/BV1 Zx 4 y 1 Y 7 r 3
