Welcome to FinTech TV.
I'm Remy Blair Treon went public through a reverse merger with SRM Entertainment, which changed its name to Tronic.
Now the newly formed Tron continues to operate its subsidiary, which designs and manufactures custom merchandise, including toys and souvenirs for major theme parks and entertainment venues.
The company is aiming to become the public entity with the largest holdings of Tron tokens.
Joining us here in New York at the New York Stock Exchange is Justin Sun, global advisor at Tron Inc.
Justin, thank you for joining me today.
Thank you.
Well, first and foremost, it's a big day for you as well as your team.
So tell us about your role as advisor here.
Yes, totally.
So as an advisor of Inc, I helped them on digital currency treasury strategy.
Uh, and we also give them advising on staking and how blockchain works to get guarantee the safety on one hand and also a good return for Trump strategy, treasury strategy management.
And when it comes to the organization's treasury strategy, can you.
Yes, so, so first of all, capital market has been familiar with micro strategy way to to manage their digital currency treasury.
So micro strategy is managing Bitcoin, which is a very popular c crypto assets, but without any underlying yield.
So the Trump TR.
Treasury strategy is different from this because uh all the token, uh TIX token and electron token, they can get 8 to 7 to 8% and even on some days higher than like 20, 15% APY for people using the network.
So it's come from like naturally.
Uh, and the safely because it's a protocol revenue and the same time it provide a very big yield compared to Bitcoin is 0%.
So that's why I think Tron Inc right now is the first company in the markets adopt TRX strategy, and since the company adopted this strategy for about a month, um, so.
The $100 million have been put into the Trump token has turned into $115 million.
So basically the company is earning has a year of $15 million on the balance sheet.
So we will replicate the strategy and um.
Basically have more investor to invest into the company and continue to increase the TRX reserve in the Tron Inc um public list in the company.
Yeah, and just as you mentioned, we're seeing more companies adopting the strategy.
So whether we're talking about the crypto majors, Bitcoin with strategy, or even E.
So how do you see all of this adoption fitting into the broader moment here?
Yes, so first of all, I think it's a since every company trying to do here and also I think the concept can evolve as well, right, because right now the most strategy people are seen as micro strategy is doing zero interest the Bitcoin reserve, but in the future with strong Inc, we have turned this into a 10%, more than 10% APY.
Token strategy.
So not only the public company gonna get eventually gets the benefit appreciation of the token itself, but also there is a stable yield to provide a very stable cash flow for the company.
So that's I think it's the second difference and the.
The difference, of course, both tron like Ethereum network is a general smart contract network.
So on the network right now for example on Tron is running the largest stablecoin network which recently Gi bill has passed and right now about 70%.
Of all the stablecoin network activities actually happen on Trump, and we are also doing with other government other entity of a new stablecoin issuing on the network and we also have DIFT AI all different strategy adopting on the network.
So that's why I think.
Compared to the Bitcoin strategy, this new strategy has more promising future and has more things to do.
And if you become like one of the investor of trying, you're probably going to be an expert on cryptocurrency, D5 NFT, stable coin network, payments, all things because that's all the things we are doing here.
Yes, and as you mentioned, the Genius Act was signed by President Trump after crypto Week.
We're keeping a close eye on two other bills, the Clarity Act and CBDC, but you brought up stablecoins and here at the New York Stock Exchange circle recently went public.
A lot of eyes on stablecoins after that company went public.
But when it comes to the tron ecosys.
System, give us a better idea of the blockchain and the technology.
Yes, so totally.
So recently, Circle has one public on New York Stock Exchange.
I think really gives people understanding about like what stablecoin that's I think probably the first time stablecoin concept has hit everybody's eyeball, right in the cryptocurrency. industry right now, um, there's two stable coins.
One is called the USDT and the one is called the SDC.
These two stable coins together occupies around 99% of the market share of the stable coin.
Um, so, uh, and, and for these two stablecoin, uh, USDC occupy around 30% of the market.
So basically 70% market cap is for USDT, 30% for USDC, and on the USDT side, half of the 50% is on Trump blockchain.
So, um, so basically you can understand.
Um ron network is the major network for one of the major blockchain stable coins in the world and for the trading and transaction activityron also leads in all metrics.
So Trump today has occupied around 70 to 80% of the stable coin volume.
So we are handling around um. $30 billion every day.
So, so make a whole like $10 trillion every year.
So which represents 80% of the stable coin traffic today.
So, um, so that's something I think we are doing good and we are continue um because right now today most of the volume is on USDT, right, but in the future, I think.
We are also looking forward to expand with USCC with USDD, with other cryptocurrency, we are doing with uh also um presidents advocate USD one stablecoin they recently issue on trial as well.
So we are also collaborating with other stablecoin alternatives as well.
So basically a very general public blockchain.
Yeah, and Justin, when we think about the crypto landscape, a lot of people liken crypto to the wild west, but If we look at space, outer space, that is, people say that is the final frontier, and I understand that you are expected to be on Blue Origin's new shepherd, and you've been waiting several years for this.
So tell us about your expectations.
Yes, I'm super excited about this opportunity and hopefully I can finish the mission this time I visit the United States and I believe this is definitely going to be a new stage for Everything right, so crypto companies get listed in major mainstream exchange and crypto founders going to space, and, and I think those events will have lots of the general people, a general audience will pay attention to those events and I think very good for the crypto branding at the same time will make.
Everybody understands how crypto works and lots of people are going to still pay attention to cryptocurrency and probably get involved into cryptocurrency.
Yeah, and before I let you go, if we're talking about crypto in outer space, what do you think regulation would look like when we're talking about being outside of Earth?
Yes.
Um, I believe crypto is native for space actually for Mars, because if anyone wants to use financial services in the space, I think crypto is the only answer because that's something even aliens will understand because it's based on math, right?
It's not something designed by humans.
It's based on math.
Anyone can figure it out, right?
They can know it's it's not something.
Here, as long as they can understand math, can understand the basic science knowledge.
So that's why I believe 100%.
So cryptocurrency is for, for, for, for interstellar for for the space.
Well, Justin, when we think about the technology that might exist out of our planet, it might be far more advanced and innovative than we can even imagine.
So we'll see what happens, but I appreciate your time, Justin.
Thank you for joining me.
