“Imagine how given another five years, given the much higher growth rate, right, where the stablecoin can be compared to the traditional venues for global settlement.” – 06:44
Steve Liu, Director of Tron Inc., joins Remy Blaire at the New York Stock Exchange to discuss the company’s recent transformation and its implications for the cryptocurrency landscape. Tron, Inc. has made headlines by going public through a reverse merger with SRM Entertainment, a significant move that was celebrated with a live ceremony in Times Square, led by Justin Sun, the founder of the Tron blockchain.
Steve elaborated on the strategic rationale behind this transformation, highlighting the company’s plan to raise $100 million to purchase Tron’s token for its treasury. This approach aims to leverage crypto asset holdings to enhance shareholder value, following in the footsteps of successful models like MicroStrategy’s Bitcoin treasury strategy. Steve emphasized that Tron occupies a unique position in the market, straddling both Layer 1 blockchain technology and the stablecoin sector, particularly with its dominance in Tether (USDT) settlements.