PANews reported on May 1 that at the TOKEN2049 Dubai Conference on May 1, Justin Sun, global advisor of Huobi HTX and founder of TRON, had a fireside conversation with Eric Trump, son of Trump, and Zach Witkoff, co-founder of the Trump family project WLFI (World Liberty Financial). Justin Sun said that the high transparency of cryptocurrency is crucial, and blockchain can record all transactions, which will replace the opaque operations of traditional banks. At the same time, he announced that TRON will cooperate with WLFI's decentralized stablecoin project USD1, with the goal of covering financial freedom around the world.
Eric Trump pointed out that traditional finance has many problems such as privilege and low efficiency, and cryptocurrency is a tool to financial freedom that can help users get rid of their dependence on government or inflationary currencies. He emphasized that cryptocurrency will replace traditional banks. At present, the Trump administration's support for cryptocurrency has released a positive signal and will lead the crypto revolution.
