EXCLUSIVE: Tron’s Justin Sun Believes Blockchain-Based Financial Services Can Reduce Global Poverty


Last Wednesday, Justin Sun, founder of Tron TRX/USD, gave a keynote interview to kick off the second episode of Benzinga’s virtual trade show series, “Crypto Unlocked.” The event focused on global real-life use cases for crypto and Tron’s role as the leading network for USD-backed stablecoin Tether USDT/USD.

In the exclusive interview, Sun spoke of blockchain technology as a fundamental human need and said financial services can play a crucial role in reducing global poverty.

“I think people in the United States don’t really know that for most of the world it is very hard to get access to U.S. dollars. Ninety percent of people outside the U.S. don’t have a U.S. bank account. USDT on Tron provides them with an important opportunity to get access to U.S. dollars. USDT can become an alternative for them to store value and make payments,” Sun said.

Sun also highlighted the potential of blockchains in reducing poverty by providing cheap access to financial services.

“I think a big contributor to poverty is actually a lack of financial services. For people in parts of…

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