Tron’s Justin Sun Aims To Achieve Over 2,000 dApps By Year’s End With A Focus On Stability
Tron Wants To Have 2,000 dApps By The End Of The Current Year
Tron (TRX), one of the largest cryptocurrencies and blockchain networks in the market, wants to keep improving its services and reach 2,000 decentralized application (dApps) by the end of the year. Although the platform has performed very well in the last year, the intention is to keep growing and expanding in the market.
Tron Ambitious Expansion Plans
Tron seems to be one of the fastest growing blockchain networks in the world. At the moment, the network registers the highest amount of new daily dApps surpassing competitors such as Ethereum (ETH), EOS or Steem.
In a recent medium post published by the Tron Foundation, Justin Sun, the founder of Tron, explains that they have already 300 dApps on the Tron network and the intention is to reach 2k by the end of the current year.
“We already have nearly 300 (dApps) on TRON in just a few months, and we aim to get to 2,000 by the end of this year,” commented Mr. Sun.
At the same time, the article published by the Tron Foundation talks about the stablecoin Tether (USDT) that is going to be running on top of the Tron network. As per the blog post, one TRC20 based USDT stablecoin could be cashed in for its equivalent in the underlying reserves held by Tether.
Thus, Tron expects to keep growing and improving its network. With a stablecoin such as Tether, they will be able to provide users with stability, taking a big step into the world of decentralized finance.
At the moment, there is an incentive plan to reward holders by airdropping APRs during the first 100 days after launch. Sun believes that this would accelerate the transition from the USDT-Omni product into the new TRC20 based USDT.
Moreover, Justin Sun says that USDT built on the TRON blockchain will not only benefit TRX and BTT holders. USDT users will also be benefiting from it. TRON offers a faster and cheaper option to move funds from one place to another.
Justin Sun explained about the Tron network:
“I am confident that TRON will be the first in the race to bring an easy-to-use use case for blockchain and cryptocurrency to the average consumer, and TRC20 based USDT represents a major step in that direction.”
At the time of writing this article, Tron is the 11th largest digital asset with a market capitalization of $1.81 billion. It also has a price of $0.027 according to CoinMarketCap.