It’s great to be back at Blockchain Life Dubai. It’s always great to be here with the Blockchain Life team. Thank you for inviting me back.
Today, I want to discuss a topic that has played a key role in advancing global collaboration and economic growth through the rise of blockchain technology—TRON’s role in empowering global communities beyond borders.
TRON Metrics
This past year, many important and impactful initiatives have been launched within the TRON ecosystem.
The TRON network has over 265 million user accounts on the blockchain, and its users are very active, regularly transacting onchain with their TRON wallets. In the last quarter, an average of 208,500 new addresses were added each day. Also, on average, there were 6.3 million daily transactions and 2.1 million active addresses every day during Q3.
The community on TRON makes peer-to-peer transactions at a rate between 2x and 3x of similar transactions on Ethereum. TRON is also ranked #2 in Defi among all blockchain networks with more than $6.9 billion TVL according to DefiLlama.
There is also a lot of potential for memecoins on TRON. SUN.io recently launched SunPump in the TRON ecosystem. SunPump is dedicated to the fair launch and trading of meme coins. Creators will have access to a low-cost and efficient way to launch their meme coins in a secure and user-friendly environment. The success of SunPump played a key role in driving record-breaking revenue for Q3, reaching $577 million.
Beyond what is at face value, meme coins show that anyone can be part of the blockchain economy, regardless of experience. Memecoins can help drive mass adoption by breaking down barriers and making crypto more approachable and accessible to everyone. They play a key role in getting more people involved and building a sense of community. The memecoin ecosystem is only going to get bigger, and there’s a lot of backing for memecoin developers within the TRON community, which makes the future look really promising.
Another major milestone for TRON was becoming the first blockchain network to have a single stablecoin surpass $60 billion in value. Currently, over $61 billion in TRC-20 USDT is circulating on the TRON network.
And on the topic of USDT, a major initiative was recently introduced in collaboration with Tether and TRM Labs.
T3 FCU
TRON, Tether, and TRM Labs have joined forces to establish the T3 Financial Crime Unit (T3 FCU), a first-of-its-kind initiative aimed at facilitating public-private collaboration to combat illicit activity associated with the use of USDT on the TRON blockchain.
In the weeks since launch, the initiative, in collaboration with law enforcement, facilitated the
freezing of over USDT 12 million in funds associated with a blackmail scam, an investment fraud scheme, and others. Police are aware of at least 11 victims impacted by the scams and
expect to identify additional victims as the investigations unfold.
The T3 FCU leverages public blockchain data without altering TRON’s core decentralized structure or operations. While law enforcement has the ability to access this blockchain data independently, by bringing together the expertise of TRON, Tether, and TRM Labs, the process is streamlined, helping authorities trace and identify those behind illicit activities more quickly.
TRON originated with the belief that technology can be used for good and to empower people across the globe. By collaborating with TRM Labs and Tether, TRON is helping to ensure that blockchain technology is used to make our world a better place, and sends a clear message that illicit activity is not welcome in our industry.
TRON Roadmap
As for the future of TRON, contributors are in the early stages of developing a Bitcoin Layer 2 solution. By integrating Bitcoin with TRON’s ecosystem, the solution will enhance liquidity and expand Bitcoin’s use cases.
Initially, we’ll use existing cross-chain protocols to bridge tokens between the TRON and Bitcoin networks. This will enable users to convert their USDT into a Bitcoin-compatible representation on the BTC network. Further down the road, we will develop more advanced solutions, including using Layer 2 technologies to create a “wrapped” version of USDT on Bitcoin. This wrapped token would inherit Bitcoin’s robust security while maintaining the price stability of USDT.
Another initiative is a solution for gas-free stablecoin transfers. This means users can make transfers without paying any gas fees, as the fees will be covered entirely by the stablecoins themselves. Support will begin on the TRON blockchain and then expand to Ethereum and all EVM-compatible public chains. The estimated launch of this service is in Q4 of this year. This will make it easier for large companies to deploy stablecoin services on the blockchain, helping drive mass adoption and bringing blockchain technology to more people.
TRON is playing a critical role in breaking down the barriers that have traditionally limited global economic participation. TRON is changing lives all over the world.
I believe TRON is entering a phase of rapid growth. A scalable blockchain like TRON has the potential to become a global, mainstream settlement layer in the near future. As blockchain technology gains wider adoption, I expect TRON to be among the first networks to reach a billion users. When that time comes, I will remain committed to supporting innovations that address real-world challenges.
Liberland
On a final note, I have recently been elected as the Prime Minister of Liberland. It is a sovereign state located between Croatia and Serbia that is building an open-source government.
Liberland represents a belief in freedom, less government control, and personal independence. Well-known leaders like Argentine President Javier Milei and U.S. Congressman Ron Paul have identified themselves with Liberland.
Global innovators like Elon Musk also share the belief that individual freedom and minimal government interference are essential for fostering creativity, progress, and prosperity. His advocacy for less centralized control aligns with the values that Liberland stands for.
Liberland is the first nation to structure its entire governance and legal framework on its own blockchain. The governance structure is designed to give power to individuals and communities by minimizing centralized control and encouraging voluntary participation.
Even though people are more connected than ever thanks to technology, things are still very unbalanced everywhere. Liberland will be a positive example to the world, demonstrating the strength and potential of decentralized communities.
Much like Liberland, the TRON blockchain network is built on similar principles of decentralization.
The TRON native token has already established itself as a solid foundation for value transfer and blockchain-based transactions, and it’s also the official currency of Dominica. When the time is right, I will work to promote it as a recognized legal currency in more countries.
Thank you.
The post first appeared on HTX Square.
