Tron [TRX] and its Chief Executive Officer, Justin Sun, has made it a mission to make mainstream adoption of cryptocurrencies possible, by releasing several updates and partnering with multiple organizations.
In a recent interview with CNBC, Justin Sun spoke about the future of cryptocurrencies and how it will benefit younger generations. Sun stated that Bitcoin [BTC] and other digital assets have a very bight future, especially since companies like JP Morgan and Facebook jumped on the bandwagon. Sun said,
“A lot of people believe in the functionalities of cryptocurrencies with the main examples being Jack Dorsey and Elon Musk. It is a good opportunity for younger generations to get into the field especially at a time when the Lightning Network and other such Layer 2 technologies are becoming popular. We are facing the next wave of the internet.”
The CEO further touched upon the Q2 acquisition of BitTorrent, a move aimed at bringing in millions of users to the Tron network. He was also frank in admitting that the coin’s market cap and valuation was not something he focused on. In his words,
“Basically valuation and the market cap is just the surface of the business. The main focus of the Tron Foundation is business, technology and the exciting things on the Tron network right now.”
Tron was in the news recently after the Foundation listed out the advantages of Tron-USDT over OMNI. Tron had tweeted,
“TRON’s partnership with @Tether_to to bring $USDT on the #TRON blockchain will make transactions faster and free, and provide more use cases. This is a significant improvement from the last generation of stable coins like Omni.”
Tron’s official association with Binance CEO Changpeng Zhao was also made evident, after he called Binance Coin, the new Bitcoin.