Sun Yuchen attended IBW2025 and delivered a speech: TRON promotes the globalization of decentralized finance with stablecoins

Note: This article is a submission and does not represent the views of ChainCatcher, nor does it constitute investment advice.

On June 27, Sun Yuchen, the founder of TRON, delivered a keynote speech titled "Driving the Scale of Decentralized Finance with Stablecoins" at Istanbul Blockchain Week (IBW2025), comprehensively elaborating on TRON's leadership in the stablecoin sector and its profound impact on Turkey's Web3 ecosystem. As a gold sponsor of IBW2025, TRON showcased its innovative achievements in decentralized finance (DeFi) and blockchain technology during the conference, and Sun Yuchen's speech attracted widespread attention from industry leaders, developers, and investors worldwide.

TRON Leads the Stablecoin Ecosystem, Empowering Global Financial Freedom

In his speech, Sun Yuchen pointed out that the global cryptocurrency industry is ushering in a new wave of development, with policymakers and institutions increasingly open to blockchain technology. Stablecoins, as a bridge connecting traditional finance and Web3, are becoming the core driving force for industry growth. Turkey, as the world's fourth-largest cryptocurrency trading market, demonstrates the tremendous potential of blockchain technology to drive economic progress through its widespread adoption of stablecoins like USDT. Sun Yuchen praised the Turkish people's enthusiastic embrace of TRC-20 USDT, calling it "the best example of the global stablecoin economy."

Sun Yuchen detailed TRON's outstanding performance in the stablecoin and DeFi sectors. The TRON network currently supports over $80 billion in USDT circulation, accounting for more than 50% of the global USDT market share, with a daily trading volume of USDT consistently ranking first in the world. In 2024, the TRON network is expected to achieve $2 billion in revenue, with a current daily trading volume of approximately 9 million transactions and a total locked value of $22 billion, serving over 315 million global user accounts. These figures highlight TRON's strong capabilities in supporting daily payments and cross-border transfers.

Advancing Technology and Ecosystem, TRON Drives Globalization of Web3

Sun Yuchen mentioned in his speech that the USD1 stablecoin launched by World Liberty Financial has recently been minted on the TRON network, injecting new vitality into the TRON ecosystem and marking a further breakthrough in compliance and innovation for stablecoins.

In terms of ecosystem development, TRON continues to innovate, supporting the launch of the decentralized stablecoin USDD, with a total locked value exceeding $400 million, and facilitating payment applications in thousands of offline retail scenarios in Southeast Asia through integration with Aeon Pay. Additionally, TRON's ecosystem tokens JST, SUN, WIN, NFT, and USDD have been listed on the top U.S. exchange Kraken, further enhancing their compliance and global influence. Sun Yuchen also mentioned TRON's integration with Chainlink Data Feeds, providing reliable data solutions for developers, as well as collaboration with Rumble Cloud to enhance the network's decentralization and censorship resistance.

Sun Yuchen emphasized that TRON's decentralized characteristics have gained recognition from top global institutions, with its super representative network including industry giants like Google Cloud, Binance, and OKX. Furthermore, the T3 Financial Crime Unit (T3 FCU), established by TRON in collaboration with Tether and TRM Labs, has frozen over $160 million in on-chain illegal assets in the past year, highlighting TRON's efforts in compliance and security.

At the end of his speech, Sun Yuchen once again praised Turkey's enthusiasm and commitment in the cryptocurrency field and called on industry peers to continue driving innovation. He stated, "Blockchain technology is not only about the future but also about addressing current practical needs. Turkey's practices prove that stablecoins can provide tangible solutions for financial freedom. TRON will work hand in hand with global partners to embark on a new journey in decentralized finance."