Tron founder Justin Sun: Stablecoin drives the value of Bitcoin up, and blockchain is like a museum attracting global attention.

The Bitcoin MENA Conference is currently in full swing, with Tron founder Justin Sun discussing the development, application, and long-term value of BTC and blockchain technology at the conference. Sun stated that BTC is like an "introductory course" into the cryptocurrency field, while blockchain technology is a "ever-changing museum" that attracts global attention.

BTC remains stable, but innovation relies on other Blockchains

Sun Yuchen first affirmed the core value of BTC. He mentioned: "BTC is quite stable as a value store. Its design is to provide a secure, decentralized, and non-interfering currency system with political and other external factors."

However, he also pointed out that because BTC's design is too focused on stability, it cannot innovate quickly. He cited examples such as Ethereum and Tron, which can support smart contracts and other innovative applications, something that BTC cannot provide.

He further said, "If you want to continue developing DeFi or innovating in technologies such as generating AI tokens, then you have to choose a blockchain other than BTC to do these things."

Stablecoins make BTC more valuable

When it comes to stablecoins like USDT, Sun Yuchen said that such products do promote the popularity of BTC. He recalled that there were many technical bottlenecks when stablecoins were running on BTC in the early days, so they turned to high-performance platforms such as Tron and solved problems such as slow transaction speed and high transaction fees.

He said bluntly, 'Stable coins bring more funds into the BTC market, indirectly increasing the value of BTC.' He said that stable coins deserve credit for today's BTC price reaching $100,000 per coin.

BTC is an introductory course, and Blockchain is a museum of endless changes

Justin Sun also cleverly described BTC and Blockchain. He said BTC is like a mandatory introductory course for everyone entering this field, while other blockchains are like a diverse museum. In this museum, there are not only practical platforms, but also meme coins like 'banana art' that are puzzling, reflecting the diversity of technology and community.

He added: "Whether it's Dogecoin, Shiba Inu, or the recent popular AI-generated tokens, there is a group of users supporting each project, which makes the whole blockchain ecosystem more vibrant."

BTC and Block chain complement each other

Justin Sun emphasized that BTC and other blockchain technologies are not mutually exclusive, but can complement each other. He mentioned Tron's cross-chain capability, which can package BTC (WBTC) to enable BTC to be used on other blockchain platforms, thereby enhancing liquidity and utility. In conclusion, he said, "The development of blockchain has not only driven the increase in the value of BTC, but also made the entire industry more interesting and diverse."

(Sun Yuchen explains why he bought $6.2 million worth of bananas: Art inspires people to think, just like BTC is determined by consensus)

This article Tron founder Sun Yuchen: Stablecoin drives up the value of BTC, and the Blockchain is like a museum attracting global attention. It first appeared in ChainNews ABMedia.