From April 18th to 19th, TOKEN2049 Dubai, sponsored by TRON, was held in Dubai, UAE.
Justin Sun, founder of TRON, was invited to attend the conference and expressed important views on topics such as stablecoins and Meme coins. Justin Sun believes that stablecoin payment is one of the use cases that has been widely accepted by non-cryptocurrency users. They only want to use stablecoins for payment because this payment method is fast, cheap, and supports real-time payment. With stablecoins as the entry point, these users can gradually start to use other infrastructure in the cryptocurrency field.
Justin Sun said that Meme coins are original to the cryptocurrency circle and reflect the difference between us and traditional industries. The difficulty of creating a successful Meme coin is no less than that of creating a high-quality cryptocurrency project. Its valuation of tens of billions is supported by fair issuance and community participation. New Meme coins will be born in each cycle. Since the types of animals are limited, it is uncertain whether the types of Meme coins will be as numerous as they are now in the future.
TOKEN 2049 is one of the most important events in the crypto industry, held annually in Singapore and Dubai, attended by founders, investors, developers and media from the world's leading Web3 companies.
Since 2022, TRON has sponsored and participated in TOKEN2049 for three consecutive years. At present, the total number of TRON users has exceeded 225 million, the number of transactions has exceeded 7.48 billion, and the total locked value (TVL) has exceeded US$21 billion. It is an important global payment network and has become a decentralized autonomous organization (DAO) governed by the community.