On June 27, TRON Founder Justin Sun delivered a keynote speech titled "Driving Decentralized Finance Scale with Stablecoins" at the Istanbul Blockchain Week (IBW2025), comprehensively elaborating on TRON's global leadership in the stablecoin field and its profound impact on the Turkish Web3 ecosystem. As a gold sponsor of IBW2025, TRON showcased its innovative achievements in Decentralized Finance (DeFi) and blockchain technology during the conference. Justin Sun's speech also attracted widespread attention from global industry leaders, developers, and investors.
In his speech, Justin Sun pointed out that the global crypto industry is embracing a new wave of development, with policymakers and institutions increasingly adopting an open attitude toward blockchain technology. Stablecoins, as a bridge connecting traditional finance and Web3, are becoming a core driver of industry growth. Turkey, as the world's fourth-largest cryptocurrency trading market, has demonstrated the immense potential of blockchain technology to drive economic progress through widespread adoption of stablecoins like USDT. Justin Sun praised the Turkish people's enthusiastic embrace of TRC-20 USDT, calling it the "best example of the global stablecoin economy."
Justin Sun provided a detailed overview of TRON's outstanding performance in the stablecoin and DeFi fields. The TRON network currently supports a circulating supply of over $80 billion USDT, accounting for over 50% of the global USDT market share, with daily USDT transaction volume consistently ranking first globally. In 2024, the TRON network achieved $2 billion in revenue, with a current daily transaction volume of approximately 9 million transactions and a total locked value of $22 billion, surpassing 315 million global user accounts. These data illustrate TRON's strong capabilities in supporting daily payments and cross-border transfers.
In his speech, Justin Sun mentioned that the USD1 stablecoin launched by World Liberty Financial was officially minted on the TRON network, injecting new vitality into the TRON ecosystem and marking a further breakthrough in the compliance and innovation of stablecoins.
On the ecosystem development front, TRON continues to innovate and has supported the launch of the decentralized stablecoin USDD with a total locked value exceeding $400 million. Through integration with Aeon Pay, TRON supports payment applications in thousands of offline retail scenarios in Southeast Asia. In addition, TRON ecosystem tokens such as JST, SUN, WIN, NFT, USDD, etc., have been listed on the top U.S. exchange Kraken, further enhancing their compliance and global influence. Justin Sun also mentioned the integration of TRON with Chainlink Data Feeds to provide developers with reliable data solutions, as well as cooperation with Rumble Cloud to enhance the network's decentralization and anti-censorship capabilities.
Justin Sun emphasized that TRON's decentralization has been recognized by top global institutions, with its Super Representative network including industry giants such as Google Cloud, Binance, and OKX. Furthermore, TRON Foundation, in collaboration with Tether and TRM Labs, established the T3 Financial Crimes Unit (T3 FCU), which has frozen over $1.6 billion in on-chain illicit assets over the past year, highlighting TRON's efforts in compliance and security.
In conclusion of his speech, Justin Sun once again praised Turkey for its enthusiasm and commitment to the crypto field, urging industry peers to continue driving innovation. He stated, "Blockchain technology is not only about the future but also about addressing current real-world needs. Turkey's practice proves that stablecoins can provide a practical solution for financial freedom. TRON will work hand in hand with global partners to embark on a new journey of decentralized finance."
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