Tron (TRX) founder Justin Sun has made remarkable statements about the Tron network (TRC-20) FUDs that have been spreading in the Asian market recently.
In the billion-dollar Tether (USDT) trades in the Asian market, TRC-20 After the news that a blockade was applied against the infrastructure, Justin Sun made a statement. Wu Blockchain According to an exclusive report by the Chinese billionaire Jihan Wu asset management platform founded by Matrixportsince January 9 TRC-20 USDT deposit and withdrawal transactions suspended and has not made any announcements about the details so far.
On-chain analytics platform chainalysisregarding the reason why OTC traders refuse to accept USDT on the TRON (TRX) network money laundering prevention does not meet the requirements, therefore institutions and relatively compliant rejected by OTC traders made a statement about it.
This decision has recently spread among the community. Regarding Justin Sun and Tron FUDs is thought to be. About subject explanation Sun stated that they work hard every day to gain the trust of the community:
We understand that trust is earned, not given, and we work every day to earn and maintain the trust of our community. One of the most important features that distinguishes TRC-20 from other stablecoins is its decentralization. We can ensure that no single organization controls the flow of funds, reducing the risk of any potential attack or breach.
According to unofficial sources, USDT transactions are on a daily basis, especially in the Asian region. billion-dollar trade is used and overseas is changing hands. Although USDT used in bulk trades is usually made over the TRC-20 network due to cheap transaction fees, when it comes to million-dollar transfers, traders don’t mind the few dollars extra transaction fees they have to pay. However, the reliability of transactions is a top priority. At this point, Sun, referring to the reliable and fast structure of TRC-20 in heavy transactions, summarized the situation with the following statements:
This decentralization also allows for faster, cheaper and more efficient transactions. Another important advantage of the TRC-20 is its ability to handle high volume transactions.