Justin Sun's response after the incident where a Trump family advisor had all purchased tokens frozen 🧐 Key points summary: 1⃣ Justin Sun is an early major investor in World Liberty Financials (WLFI), contributing both capital and trust to the project; however, his tokens were frozen unjustly. 2⃣ He demands the team respect the principles, unlock the tokens, and move forward together as previously agreed; freezing the tokens not only violates investor rights but could also damage trust in $WLFI. Previously, the Trump family accused Justin Sun of raising the APR on $WLFI to attract users to deposit coins on the exchange so he could sell and short to optimize profits. However, Justin Sun asserts that "no dumping activity took place, it was just a withdrawal/deposit test." On-chain data recorded about Justin's wallet: - He is the top 9 holder right at TGE. - Transferred $891M $WLFI into Lockbox. - After that, Lockbox distributed a corresponding amount of $WLFI received from...
USD1 and TRON: Strategic Alliance Reshaping the Stablecoin Market 🔥
The issuance of $USD1 with over $50 million coins on TRON, along with $25 million newly issued, marks a significant turning point in the stablecoin competition.
This partnership not only strengthens TRON's position as a "low-cost Blockchain" but also brings the necessary diversification to this blockchain's $80.8 billion stablecoin ecosystem.
Furthermore,
Before USD1:
- TRON relied 98.5% on USDT
- Risks associated with solely partnering with Tether
After integrating USD1:
- Reduces the excessive concentration on $USDT from a single issuer, Tether
- USD1 is backed by the US Treasury, providing high stability.
- Creates an alternative for institutions that prefer not to use $USDT
@justinsuntron @TronDao_VIE #TRON #tronglobalfriends
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