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213 - Justin Sun: On Tron, Vitalik, and Becoming Humble

Bankless

NOTE

Tron is a stablecoin chain

Tron, as of 2024, primarily operates as a peer-to-peer stablecoin chain, aligning with its original goal of banking the unbanked by providing people in developing countries access to crypto to enhance their lives. Remarkably, there are more Tether stablecoins on Tron than on Ethereum, indicating a recent shift. Additionally, there are close to 20 million addresses holding between $1 and $100 in stablecoins on the Tron network, reflecting a significant presence of small transactors rather than large-scale money transfers among whales.

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