After launching a Chinese currency pegged stablecoin in December, Sun doubles down on China plans.
Sun Increases Focus on China Post-Covid
The Tron Network has set its eyes East. Founder, Justin Sun, has reiterated Tron’s quest to corner the Chinese market. Sun has stated he is “doubling down” on his comprehensive strategy in the world’s second-largest economy.
Sun took to Twitter on January 9 in a three-part thread explaining that he views China as a country of opportunity in the Post-Covid world. The incredible economic chances available in the country following the pandemic cannot be overlooked as it offers “endless opportunity for growth and innovation.”
Tron Network had a strong year in 2022, launching an offshore Chinese currency-pegged stablecoin TCNH in December 2022 to cap off the year.
The network is looking to grow its influence in the industry through investments in China while Sun also expects the Chinese government to eventually ease its policy on crypto. When it does, Sun wants to be ready.
What is TRON Network:
Tron is an open-source blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Established in 2014 by Justin Sun and founded in 2017 by a Singapore non-profit organization, Tron Foundation aims to host a global entertainment system for the cost-effective sharing of digital content.
Where to find TRON Network:
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