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Shytoshi Kusama Praises Justin Sun and TRON: Why TRON is Important
Shytoshi Kusama, the anonymous head of the Shiba Inu project, has expressed admiration for TRON founder Justin Sun. Kusama acknowledges Sun's pioneering role in the blockchain and stablecoin field. This information comes after a recent analysis emphasizing the importance of the TRON blockchain in the $200 billion stablecoin market. TRON dominates the Stablecoin market, processing 92% of Tether's USDT In a post, analyst Kate Young Ju highlighted TRON's dominance in the stablecoin market, particularly in USDT transactions. According to Ju, TRON currently processes 92% of all USDT transactions, totaling $60 billion in this popular stablecoin. However, analysis suggests that TRX's market capitalization is only $17 billion, which could mean there is still plenty of room for growth. Ju also noted that USDT based on TRX is widely used for global transactions, providing fast and low-cost money transfer services. This makes it a popular choice for stablecoin users worldwide. Sun reflects on the development of Blockchain TRON founder Justin Sun also agrees with this view, reflecting on the development of blockchain technology. "From the beginning, I have seen blockchain as a way to transform value," Sun commented. He said that in the early days, Bitcoin was inaccessible to the average user due to high transaction fees and slow speeds. Today, he believes that TRON has addressed these issues, providing a decentralized, fast, and affordable solution that can be accessible to everyone. Kusama is inspired by the Sun In a comment directed towards Sun, Kusama, the leader of Shiba Inu, praised Sun for TRON's achievements. Kusama stated that Sun was the initial inspiration for the development and direction of Shiba Inu, and he praised the fit between Sun's product-market fit (PMF) and the cryptocurrency industry. "You have been a great inspiration to me from the beginning, and I am proud to see you achieve PMF in this area," he said. Notably, Kusama expressed confidence that Shiba Inu will achieve its own product-market fit "in a different way."