《Hurun Report》Dialogue with Justin Sun: A New Paradigm of Value Circulation in the Web3 Transformation Cycle

As the Web3 industry enters deeper waters and global financial infrastructure accelerates its restructuring, blockchain is transitioning from early-stage exploration to large-scale application.

As an authoritative institution with extensive influence in the business and investment sectors, an in-depth interview by the renowned magazine Hurun Report is regarded as a significant industry bellwether.

Recently, Justin Sun, founder of TRON, discussed core topics including stablecoin payments, global expansion strategies, and AI integration trends in an interview with Hurun Report. He systematically elaborated on his judgment regarding industry evolution and long-term value, with his insights reflecting the critical phase where Web3 infrastructure moves from "feasibility validation" toward "global adoption."

Stablecoins Build a Global Value Transfer Network, Web3 Infrastructure Enters a Scaling Phase

In his interview with Hurun Report, Justin Sun succinctly summarized his long-standing core mission: "To enable anyone, anywhere in the world, regardless of their location or whether they have a bank account, to transfer and use their funds with low cost and high efficiency." This statement fundamentally reveals the intrinsic value of blockchain technology—building an open, inclusive value internet.

He further noted that after multiple bull and bear market cycles in the blockchain industry, projects that can truly transcend these cycles must be built on real demand and actual usage. The sustained growth in on-chain user numbers and transaction volume serves as a key basis for his assessment of industry direction. Against this backdrop, the on-chain payment system centered around stablecoins has become the most mature application scenario with the potential for large-scale adoption.

In the interview with Hurun Report, Justin Sun mentioned that TRON has rapidly developed into one of the world's largest stablecoin circulation networks, with the scale of on-chain asset transfers even surpassing some traditional payment networks. This growth is not driven by short-term market sentiment but is based on continuous usage by real users in scenarios such as cross-border remittances, value storage, and everyday payments. Official data shows that the circulation of USDT on the TRON network has exceeded $86.3 billion, a scale reflecting a strong network effect driven by genuine user demand.

From a structural advantage perspective, the scalability of stablecoin payments benefits from two key factors: Firstly, the open and permissionless nature of blockchain networks allows them to reach user groups underserved by traditional financial systems. Secondly, the inefficiencies, high costs, and poor user experience of traditional cross-border payment systems provide significant room for new-generation infrastructure to offer alternatives. Justin Sun believes this trend is essentially a "natural replacement" of the existing financial system by technological progress, rather than short-term competition.

Globalization Strategy and Technological Integration Advance in Tandem, Building Long-Term Competitive Advantages for Web3

When discussing corporate growth and strategic decision-making in his interview with Hurun Report, Justin Sun presented a highly systematic methodology. He summarized the key success factors as a combination of "data-driven iteration, rapid execution, and user orientation," emphasizing that in a rapidly changing technological environment, capabilities in any single dimension are insufficient to sustain long-term competitiveness. It requires the synergy of all three to achieve efficient trial-and-error and precise decision-making.

At the organizational level, he proposed a management framework of "clear direction, layered support, and a sense of ownership among all employees" to prevent deviation and loss of control during rapid expansion. This organizational structure, emphasizing flatness and agility, is seen as a crucial foundation for Web3 companies to maintain competitiveness in a highly uncertain environment.

Delving into key strategic decisions, Justin Sun reviewed the case of TRON's collaboration with Tether to launch TRC-20 USDT in his Hurun Report interview. He stated that this decision was based on a comprehensive assessment of market trends, the competitive landscape, and risk-reward ratios: stablecoins represent a long-term trend in the evolution of the financial system; leading assets exhibit significant network effects; and the upside potential in this field far outweighs the potential risks. As it turned out, this partnership became a major growth engine for the TRON ecosystem and built its core competitive moat in the stablecoin sector.

Regarding global expansion, Justin Sun emphasized that while Web3 is inherently cross-border, practical implementation remains highly dependent on local compliance and cultural adaptation. In his interview with Hurun Report, he pointed out significant differences between markets in terms of regulatory frameworks, user habits, and business environments. The success of a project often hinges on the depth of understanding of these differences and the ability to build local partnership networks.

Furthermore, Justin Sun expressed a clear opinion on the development of AI technology. He stated in the interview that AI is not merely a tool upgrade but a restructuring of "thinking and decision-making capabilities." Its integration with blockchain in areas such as data, computation, and smart execution will become an important direction for the next phase of technological evolution. Blockchain provides decentralized infrastructure for AI, while AI enhances the intelligence and user experience of blockchain systems. The convergence of the two holds significant long-term strategic value.

For industry participants and young entrepreneurs, Justin Sun's core advice in the Hurun Report interview was: In a highly uncertain environment, continuous learning and rapid adaptation are the most crucial abilities. At the same time, one should focus investment based on a comprehensive understanding of the industry landscape to build irreplaceable core advantages, rather than spreading resources across multiple tracks.

From early-stage technological validation and market exploration, moving gradually into the phase of large-scale application led by stablecoins, and extending towards AI integration and global compliance implementation, TRON is continuously driving the realization and evolution of the value internet through its infrastructure capabilities, globalization strategy, and forward-looking technological布局.