Sun Yuchen hosted a discussion session at the Token 2049 summit, talking with Trump's second son about financial freedom and the future of decentralization.

CN
11 hours ago

On May 1, 2025, at the Token 2049 summit held in Dubai, a global event for the blockchain and cryptocurrency industry, TRON founder Justin Sun hosted a highly anticipated fireside chat with Eric Trump, the second son of President Trump, and Zach Witkoff, co-founder of the decentralized project World Liberty Financial (WLFI) supported by the Trump family. During the conversation, Zach Witkoff revealed that the USD stablecoin USD1 issued by WLFI will also be natively issued on the TRON blockchain. Previously, WLFI had issued the stablecoin USD1 on the BNB Chain.

The discussion focused on decentralized finance (DeFi), financial freedom, and the key role of TRON in driving the transformation of the global financial system, attracting thousands of attendees and becoming a highlight of the summit.

Justin Sun hosts a discussion at the Token 2049 summit, talking with Trump's second son about financial freedom and the future of decentralization

TRON and WLFI Take Cooperation a Step Further

In the dialogue, Justin Sun used TRON's original intention as a starting point, emphasizing that financial freedom is the core value of blockchain technology. He stated, "The founding purpose of TRON is not to chase profits, but to allow 8 billion people around the world to participate equally in the financial system and enjoy the right to financial freedom." This concept has been a guiding principle throughout TRON's development and aligns closely with WLFI's vision.

During the conversation, Justin Sun specifically revealed the upcoming collaboration between TRON and WLFI: the USD1 stablecoin from WLFI will be natively integrated on the TRON blockchain, with the first minting scale expected to reach hundreds of millions of dollars, and it is anticipated to exceed a market value of several billion dollars in the future. This cooperation not only marks a significant breakthrough for TRON in the stablecoin sector but also further solidifies its position as a global DeFi infrastructure. Justin Sun stated, "The integration of USD1 will bring new vitality to the TRON ecosystem. Our goal is to enable every user to easily use stablecoins through their mobile phones and participate in the global financial system." He also pointed out, "The collaboration between TRON and WLFI is an important step in the integration of DeFi and traditional finance. We hope that through USD1, global users can seamlessly use stablecoins in their daily lives, such as swiping cards at hotels or stores."

Eric Trump expressed confidence in this collaboration: "The technological strength and user base of TRON provide a perfect platform for the promotion of USD1. We believe this will drive the globalization of financial freedom." Zach Witkoff further revealed that WLFI plans to integrate USD1 into traditional retail POS systems, allowing users to use stablecoins in real-world scenarios, which aligns closely with TRON's vision of inclusive finance.

Public information shows that in November 2024, Justin Sun invested $30 million to become the largest holder of WLFI tokens and was appointed as an advisor to the project. Subsequently, his investment in TRON increased to $75 million, laying the foundation for a series of in-depth collaborations between the WLFI project and the TRON network.

Exploring Financial Freedom Together

As the host of the dialogue, Justin Sun focused the topic on the limitations of traditional finance, the transparency advantages of blockchain, and the future potential of the collaboration between WLFI and TRON, discussing the possibilities for the future development of decentralized finance.

During the conversation, Eric Trump shared the unpleasant experience of the Trump family being "debanked" by traditional banks for political reasons. He stated that this experience made him deeply aware of the value of cryptocurrency: "The crypto community, like us, believes in hard assets and pursues freedom. The transparency and decentralization of blockchain prevent the financial system from being manipulated by a few." Justin Sun strongly agreed and further asked, "The financial system is not just a tool; it also carries culture and values. How can we reshape the financial system through WLFI and USD1?" This question sparked a lively discussion.

Justin Sun hosts a discussion at the Token 2049 summit, talking with Trump's second son about financial freedom and the future of decentralization

Zach Witkoff detailed WLFI's mission and progress. He pointed out that WLFI aims to bridge the gap between traditional finance and DeFi, with the USD1 stablecoin being backed 1:1 by short-term government bonds and cash equivalents, striving to become the most transparent and regulated stablecoin globally. Justin Sun noted that TRON's high-performance blockchain can ensure that USD1 transactions are fast, transparent, and cost-effective, which is key to the integration of DeFi and traditional finance.

Justin Sun also looked forward to the future of DeFi during this dialogue: "In five years, DeFi and traditional finance will be deeply integrated, and TRON will play a bridging role between the two." He called for the industry to strengthen self-regulation and enhance user experience to accelerate mass adoption. Eric Trump agreed: "The blockchain industry needs a more user-friendly experience, just as the real estate industry focuses on customer service. Only then can we defeat those outdated traditional banks."

The fireside chat at the Token 2049 summit not only showcased TRON's influence in the global blockchain industry but also highlighted Justin Sun's vision as a thought leader in the sector. Through in-depth exchanges with Eric Trump and Zach Witkoff, Justin Sun conveyed a clear message to the world: TRON is not just a technological platform but also a practitioner of financial freedom.

With the native integration of USD1 on TRON and the deep collaboration with WLFI, TRON is accelerating the integration of DeFi and traditional finance, bringing more transparent, efficient, and inclusive financial services to global users.

In the future, TRON will continue to uphold its original intention and work with global partners to write a new chapter in financial freedom. As Justin Sun stated, "Our mission is far from over, until every person on Earth can enjoy the right to financial freedom through TRON."

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