On April 5, Justin Sun, founder of TRON, appeared at the BUIDL 2025 crypto conference held in Hong Kong, and held a roundtable discussion with Ryan Fang, founder of Tomo Wallet, Steve Yun, founder of TVM Ventures, and Colin Goltra, chief growth officer of Morph, on the Evolution Path of Crypto Infrastructure. They discussed in depth key topics such as the development history of crypto infrastructure, bottlenecks faced, and innovative technologies, providing valuable insights and ideas for the development of the industry.
Stablecoins have great growth potential, and TRON ecosystem performs outstandingly
When talking about the development history and current status of crypto infrastructure, Sun Yuchen pointed out that despite the price fluctuations of crypto assets such as Bitcoin, stablecoins have shown a steady growth trend and have become an important pillar of industry development. At present, the scale of stablecoins on the TRON blockchain has exceeded 60 billion US dollars, and has increased by about 5 billion US dollars in the past month, and this growth trend is still continuing.
Take TRON as an example. The daily transaction volume of stablecoins on the chain has also continued to rise, and is now between 20 billion and 30 billion US dollars. USDT on TRON has been particularly stable and has continued to set new historical highs. Sun Yuchen believes that this is due to the efficiency and stability of the TRON network, as well as the wide recognition and application of USDT around the world. In the first quarter, TRON launched an upgraded decentralized stablecoin USDD, which further enriched TRONs stablecoin ecosystem. USDD has become increasingly popular after being listed on Kraken last week, with a market value of $300 million.
Justin Sun believes that USDD will continue to grow due to its decentralized and trustworthy characteristics. Decentralization means that no single entity can control the issuance and management of USDD, and users have full control over their assets, which meets peoples needs for asset security and self-control. He predicts that the market value of USDT on TRON may reach about $100 billion this year, and USDD is expected to reach $1 billion. This prediction not only reflects Justin Suns confidence in the TRON ecosystem, but also reflects the important position and huge potential of stablecoins in the field of cryptocurrency.
Popularize blockchain knowledge and promote the popularization of cryptocurrency
When asked about the bottlenecks facing the industry, Justin Sun used his own experience as an example, telling a story about a friend he gave a bitcoin to in 2013, who did not remember and cash it out until 2025. This experience vividly reflects the publics lack of knowledge about cryptocurrencies. At that time, the price of cryptocurrencies was extremely low, and the value of a bitcoin was negligible. After receiving it, his friend did not pay enough attention to it and forgot about it in a corner. By 2025, the price of bitcoin had risen sharply, and his friend realized the value of this bitcoin.
This incident made Sun Yuchen deeply realize that one of the important tasks of the current industry is to popularize blockchain services and cryptocurrency knowledge to the public. He pointed out that many people still regard legal tender as real money and ignore the actual value of cryptocurrency. In the traditional concept of the public, legal tender is backed by the government and has mandatory liquidity and stability, while cryptocurrency is regarded as a high-risk and unstable investment product. However, with the development of cryptocurrency and the continuous expansion of application scenarios, its value as a new form of currency has gradually become prominent.
Justin Sun believes that it is necessary to change peoples traditional concept of currency and money, so that more people can realize that cryptocurrency is also a kind of real money. Cryptocurrency has the characteristics of decentralization, anonymity, and global circulation, which can provide people with more convenient, efficient, and secure payment and storage methods. For example, in some cross-border payment scenarios, cryptocurrency can bypass the cumbersome procedures and high fees of traditional financial institutions to achieve fast and low-cost fund transfers. By popularizing blockchain knowledge and the advantages of cryptocurrency, it can promote the popularization and application of cryptocurrency among the public and promote the healthy development of the cryptocurrency market.
Gasfree new function: lowering the threshold for use and facilitating institutional access
Regarding technical issues, Justin Sun introduced the new Gasfree feature launched by TRON. This feature was developed for half a year and officially released two weeks ago, with good user experience. In cryptocurrency transactions, Gas fee is the handling fee that users need to pay when making transactions, which is used to incentivize miners to process and verify transactions. However, for ordinary users and institutions, the payment and management of Gas fee are somewhat troublesome.
With the new Gasfree feature, users can generate a mirror address to receive USDT keys regardless of how many addresses they have, and the handling fee can be directly deducted from USDT without worrying about operational errors. This feature greatly simplifies the transaction process and lowers the threshold for use. For ordinary users, there is no need to worry about the calculation and payment of Gas fees, and they can just focus on the transaction itself. For institutions, the Gasfree feature provides a convenient solution for receiving stablecoins.
Many institutions want to integrate blockchain technology to achieve more efficient fund management and payment settlement, but are reluctant to touch cryptocurrencies. Because the price of cryptocurrencies fluctuates greatly, institutions are worried about facing asset risks. At the same time, even if they use cryptocurrencies to pay for gas fees, it adds additional operating costs and complexity for some institutions. The Gasfree function meets the needs of institutions. Institutions only need to use addresses to receive and send funds without directly touching cryptocurrencies, which greatly reduces the threshold for use, helps to promote more institutions to access the TRON ecosystem, and promote the application of blockchain technology in a wider range of fields.
Building a better ecosystem, emphasizing that security is of paramount importance
Justin Sun emphasized that the ecosystem built by TRON has obvious advantages over traditional finance. The KYC-free feature of TRON allows users to participate in cryptocurrency transactions more freely and protects their privacy.
On TRON, users have full control over their assets. There is no risk of their accounts being frozen, which ensures the safety of their assets.
In addition, TRON has launched the unfreezable stablecoin USDD, which provides users with a safer and more convenient way to store their wealth. The decentralized nature of USDD means that no single entity can freeze or control users assets, and users can safely store their wealth in USDD. However, Justin Sun also reminded that security issues cannot be ignored because users have 100% control and the autonomy of smart contracts.
Events such as Bybits $1.5 billion loss due to multi-signature smart contracts have sounded the alarm for the industry. Multi-signature smart contracts require multiple signatures to complete transactions, which should improve security, but due to contract loopholes or improper operation, huge losses may still occur. Therefore, while enjoying the convenience brought by blockchain technology, it is necessary to attach great importance to security and prevent problems such as hacker attacks and loss of private keys. Once the private key is lost or stolen, the user will lose control of the assets, causing irreparable losses.
In addition, Justin Sun also mentioned that the company has enabled advanced security tools and forced them to be used on every device and software within the company to deal with the risk of counterfeiting brought about by the development of AI. With the continuous advancement of AI technology, it has become easier to forge images, videos, etc., which also poses a potential threat to the security of financial accounts. For example, someone may use a fake AI video to reset someones exchange account and steal funds. Enabling these technologies can enhance the security of devices and software and effectively prevent such risks, further emphasizing the importance of security in the Web2 and Web3 fields.
During the roundtable discussion, Justin Sun shared his profound insights and innovative practices on the development of crypto infrastructure, providing useful ideas and directions for the development of the industry, and also showing TRONs active efforts in promoting the popularization of cryptocurrencies and infrastructure construction. I believe that with the joint efforts of all parties, the cryptocurrency industry will usher in a brighter future.
It is reported that BUIDL 2025 was held by Foresight News, The Block and Foresight Ventures at the JW Marriott Hotel in Hong Kong, aiming to build a bridge of efficient cooperation and communication for global crypto practitioners through the strong influence of bilateral media in the East and the West. This conference brought together industry giants, track unicorns, top VCs, well-known KOLs and other top forces in multiple fields to jointly ignite the spark of creativity, stimulate the light of thought, and promote innovation and breakthroughs in the crypto industry.
