- Tron’s community-driven memecoins and strategic partnerships position it as an industry lead.
- Justin Sun addresses Tron’s Chainlink partnership as one of the main developments in the ecosystem.
- The platform envisions its stablecoin USDD’s upgrade by the end of this quarter.
In a new interview, Tron Founder Justin Sun discussed the blockchain ecosystem’s future growth, driven by community-driven memecoins and strategic partnerships. The platform’s collaboration with Chainlink, a potential USDD upgrade, and future DeFi partnerships are expected to make Tron a major player in the blockchain industry.
On October 31, Tron announced a collaboration with Chainlink, joining the Chainlink Scale program and adopting Chainlink Data Feeds as its DeFi ecosystem’s official data oracle solution. The goal of this alliance is to connect traditional finance (TradFi) institutions with the Web3 space through Tron’s stablecoins and applications, which will help expand its reach.
Sun posted on X, “Once upgraded, over $6.5 billion in DeFi TVL will be secured by Chainlink, creating opportunities for Chainlink and Tron’s over $60 billion in stablecoins and RWA!”
The blockchain platform sees stablecoins a key component because many Asian users view them as “a fiat gateway to enter the crypto space.” The Tron ecosystem is prioritizing its stablecoin USDD’s upgrade by the end of this quarter. With Dai’s move to USDS, which abandoned its decentralized framework, USDD could fill the void by offering a truly decentralized stablecoin solution. Sun said the team would upgrade the USDD smart contract system before 2025 to enhance decentralization.
Read also: Justin Sun receives 3.62M EIGEN; Deposits in Binance at $3.89
HTX’s current launch of memecoins on Tron has produced impressive returns of around 100% and beyond. Sun attributed this success to the platform’s community-centric approach, citing returns of up to 500x for new coins. The Tron ecosystem also plans to launch new meme coin projects, including AI memes, partnering with developers to do so.
Sun also discussed the platform’s future collaboration with DeFi developers and leading players like Aave. The Tron ecosystem plans to launch new meme coin projects, including AI memes, and will partner with developers on these projects.
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Source: https://coinedition.com/trons-justin-sun-sees-chainlink-collab-usdd-upgrade-and-defi-key-to-blockchain-dominance/