Justin Sun's speech at the ABS Asian Blockchain Summit: The second half of this year will be a period of explosive growth for the TRON ecosystem

Sun Yuchen, founder of TRON and member of Huobi HTX Global Advisory Committee, was invited to give a video speech at the ABS Asian Blockchain Summit. In his speech, Sun Yuchen expressed his confidence in the future development of TRON, and the second half of this year will be a period of explosive growth for the TRON ecosystem. Sun Yuchen said that he would strive to increase the annual revenue of the TRON protocol to US$1 billion. In his speech, Sun Yuchen focused on the user growth of TRON and the latest achievements of its stablecoin business. He pointed out that since its establishment, TRON has attracted more than 240 million global users, and has processed more than 8 billion transactions in total, with a total staked volume (TVL) of more than US$19.7 billion. These data show that TRON has a strong user base and stable market performance, laying a solid foundation for future development. In terms of stablecoin business, Justin Sun emphasized that the circulation of TRC20-USDT issued by TRON in cooperation with Tether has exceeded 60 billion US dollars on the network, becoming the first blockchain network with a single stablecoin supply exceeding 60 billion US dollars. He said that USDT on the TRON network not only provides users with a stable value storage and transaction medium, but also greatly enhances the liquidity of the TRON network. This achievement not only reflects the market's trust in TRON, but also highlights its leading position in the field of payment and value transfer. Justin Sun revealed that TRON will continue to promote the compliance and internationalization of stablecoins in the future, with the goal of achieving a stablecoin market value of 100 billion US dollars, and is committed to becoming the preferred platform for stablecoin growth. In addition, TRON will also launch a gas-free stablecoin transfer solution to reduce users' usage costs and further enhance user experience.