In a recent Forbes interview, Justin Sun, founder of TRON, spotlighted Dubai’s rapid emergence as a global hub for the cryptocurrency industry. With major players like Binance and Bybit setting up operations in the UAE, along with numerous Layer-1 protocols relocating or expanding there, Dubai is surpassing traditional crypto centers such as Singapore and Switzerland.
TRON has cemented its leadership in the stablecoin ecosystem, processing $20–30 billion in daily stablecoin transactions and achieving an on-chain transaction volume of $5 trillion in 2024. Projections suggest this could rise to $7 trillion by 2025—surpassing traditional financial giants like Visa. With near-zero transaction fees, high-speed processing, and a user base exceeding 300 million wallet addresses, TRON has become the go-to platform for stablecoin activity.
This Forbes feature isn’t just a testament to TRON’s technological prowess; it marks a pivotal moment in crypto’s journey toward mainstream adoption. Through Sun’s perspective, readers gain insight into Dubai’s strategic importance, the foundational role of stablecoins in Web3, and the growing intersection between digital assets and global politics.
Dubai’s Rise as the New Crypto Capital
“Previously, I would have said Singapore was the center of crypto,” Justin Sun stated candidly. “But today, it’s undoubtedly Dubai.”
He’s not alone. From top-tier exchanges to emerging Layer-1 blockchains, Dubai has become the preferred destination for crypto companies seeking regulatory clarity and business-friendly policies. The momentum is palpable—evident at events like TOKEN2049, where over 15,000 attendees and hundreds of international guests gathered to shape the industry’s next phase.
Sun emphasized that the entire crypto elite is now converging in the UAE. In response, TRON and its affiliated entities are actively pursuing licenses from multiple virtual asset regulators in Dubai. This isn’t just expansion—it’s strategic positioning.
“We view our investment in Dubai as critical—not only for TRON but for the entire blockchain ecosystem,” Sun revealed. Plans include scaling local teams, hosting high-impact industry events, and establishing the UAE as a central node in TRON’s global infrastructure.
The message is clear: Dubai is no longer just an option. It’s the epicenter of TRON’s next growth chapter.
TRON Dominates Global Stablecoin Transactions
Sun’s confidence in TRON’s trajectory is backed by staggering data. In 2024 alone, TRON processed approximately $5 trillion in stablecoin transactions—an amount expected to climb to $7 trillion in 2025.
Let that sink in: trillions, not billions. This isn’t speculative market cap—it’s real, on-chain transaction volume driven largely by USDT on the TRON network, which sees $20–30 billion in daily transfers.
“We’ve already surpassed payment processors like Visa in transaction throughput,” Sun noted. “And this is only the beginning.”
Beyond volume, user growth tells an equally compelling story. With over 300 million unique wallet addresses and 250,000 new users joining daily, TRON outpaces most public blockchains outside Ethereum in adoption speed.
Why is TRON so well-suited for stablecoin transactions?
- Speed: Transactions settle in seconds.
- Cost-efficiency: Fees are often less than one cent—compared to $10 or more on congested networks like Ethereum.
- Scalability: Designed for mass adoption from day one.
“TRON was built for everyone,” Sun emphasized. “It’s borderless, inclusive, and engineered for global scale.”
This focus on accessibility positions TRON not just as a blockchain, but as a foundational layer for future financial systems.
USD1, Trump Family Ties, and the Politics of Crypto
Public attention intensified when Sun announced his advisory role with World Liberty Financial’s USD1 stablecoin project—especially after it was revealed that members of the Trump family were involved in its Dubai launch.
Addressing concerns about potential conflicts of interest, Sun clarified: “My role is strictly advisory—I provide technical and strategic input to enhance product reliability. The project is independently managed.”
Still, the collaboration underscores a broader trend: the deepening entanglement between cryptocurrency and political influence. Sun praised former President Donald Trump for being one of the first U.S. political figures to advocate for clear crypto regulations during a period of uncertainty.
“He was the only one who stepped forward with a clear vision,” Sun said. “When America moves, the world watches.”
Sun believes that pro-crypto policies from a new U.S. administration could catalyze a global wave of innovation—and he intends to be at the forefront.
The Future of Money: From $250 Billion to $130 Trillion
Today’s global stablecoin market cap stands at around $250 billion—a significant figure, yet less than 0.2% of the estimated $130 trillion global fiat money supply.
For Sun, this gap represents opportunity.
“What if we reach $400 trillion in annual on-chain transaction volume?” he posed.
His vision extends beyond digitizing dollars. He envisions a world where every major currency—USD, EUR, JPY, CNY, AED—natively exists on blockchain, with TRON serving as the underlying settlement layer.
“It’s not just about digital dollars,” he explained. “It’s about migrating the entire global monetary infrastructure onto decentralized networks. That’s the real revolution.”
When asked about monetization, Sun remained focused on long-term value: “Until we reach 8 billion people, we won’t prioritize short-term profits. We’ll keep building. Once the ecosystem matures, revenue will follow naturally.”
This philosophy—prioritizing ecosystem growth over immediate returns—may be TRON’s greatest competitive edge in the race for global adoption.
Frequently Asked Questions (FAQ)
Q: What makes TRON ideal for stablecoin transactions?
A: TRON offers ultra-low fees (often under one cent), fast confirmation times (within seconds), and high throughput—making it perfect for high-frequency stablecoin transfers used in remittances, trading, and DeFi.
Q: How does Dubai compare to other crypto hubs like Singapore?
A: While Singapore was an early leader, Dubai has accelerated its crypto-friendly regulations and attracted top-tier exchanges and projects with tax incentives, fast licensing, and government-backed support—making it increasingly attractive for global blockchain expansion.
Q: Is USD1 a competitor to USDT?
A: Not necessarily. USD1 aims to be a regulated, asset-backed stablecoin with political and institutional backing. While both operate on blockchain, their goals differ—USDT focuses on liquidity and ubiquity; USD1 emphasizes compliance and integration with traditional finance.
Q: Can TRON really handle transactions for 8 billion people?
A: Technically, yes. With proven scalability (over 300 million wallets and millions of daily transactions), ongoing infrastructure upgrades, and strategic partnerships, TRON is building toward planetary-scale financial inclusion.
Q: What role does regulation play in TRON’s Dubai strategy?
A: Regulation is central. By securing licenses and working within UAE frameworks, TRON gains legitimacy, reduces risk, and sets a precedent for other blockchains navigating compliance in major economies.
Q: How does TRON plan to expand beyond stablecoins?
A: While stablecoins are the entry point, TRON is investing heavily in DeFi, NFTs, and enterprise blockchain solutions—positioning itself as a full-stack Web3 platform capable of supporting diverse financial applications.
The shift is clear: stablecoins are no longer niche experiments—they’re the engine powering Web3 finance. As TRON strengthens its position through scale, speed, and strategic alignment with emerging hubs like Dubai, the next era of financial innovation will be built on-chain.
And according to Justin Sun, the ultimate settlement layer will run on TRON.