• 14 July, 2024
News

Justin Sun Says TRX Adoption As Legal Tender Wouldn’t Focus on the U.S. Alone

On Twitter, Justin Sun, the creator of Tron (TRX), expressed his hope that the currency will one day be recognized as a form of legal money not just in the United States but all across the globe as well. He continued by saying that despite the significance of U.S. regulations, their first concern should be with the planet’s eight billion inhabitants. 

The United States is simply one nation out of many, and while it is a significant force in the crypto world, it is not the only one. He stated:

“I believe that if 7.7 billion people on Earth adopt crypto as legal tender, the 300 million people in the US will eventually follow suit.”

According to Sun, the cryptocurrency sector must operate worldwide, educating and forming relationships with governments and companies in all the different nations that make up the globe.

Cryptocurrency has the potential to become an effective instrument for expanding access to financial services and bettering people’s lives in every region of the globe.

As said by Sun, adopting cryptocurrencies as a form of legal cash would not only make it simpler to purchase and sell products and services, but it would also give individuals a greater degree of control over their own financial destinies.

In recent weeks, TRX has seen some healthy upward momentum. Value per token as of this writing is $0.063, representing a gain of 2.8% over the last 7 days and 0.7% over the previous 24 hours.

In related news, the company reports that the total value of TRON transactions has surpassed $10 billion and that the number of transactions has surpassed 4.6 billion. When comparing the top public chains in terms of total value locked, TRX came in second place, behind only Ethereum.

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