Wed, December 18

Justin Sun Plans BRICS Nations to Legalize TRON Tender

DWF Labs Editors News
  • Justin Sun gave an interview on Bloomberg’s Television.
  • Tron’s adoption in BRICS nations might start with China sooner.

Justin Sun, the CEO and Founder of TRON (TRX) appeared in an exclusive interview with Bloomberg TV this Wednesday. He discussed the development of stablecoins and the lawsuits he faced in the crypto industry.

Sun began explaining about the trueUSD i.e., stablecoins since that has become a limited option. Alongside, Hong Kong’s stablecoin is to be launched on TRX sooner as his recent tweet says.

TRON’s founder also mentioned that TRX collaborates with Circle using cryptocurrency exchanges and decentralized applications (dApps). Moreover, he insisted on the lawsuits from SEC and the rumors that came along with Binance’s Huobi Global Acquisition. 

Meanwhile, the Tron network has processing the growth in the market though there were conflicts over the past week, Sun remarked. Irrespective of certain things, Sun has his own KPI for the year 2023 to get TRX adopted as a legal tender to five different countries. As a start, the Tron community has shared a tweet condemning whether China might endorse the tender followed by the BRICS nations of the same approach. 

However, the price of Tron (TRX) ranges at $0.06573 with a trading volume of more than $183M over the last 24hrs as per CoinMarketCap.

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A computer science engineering graduate who dives nook and corner of an engaging career with a keen interest in content creation, currently exploring the field of Crypto.