Sun Yuchen Exclusive Interview with Bloomberg: Tron Leads the New Trend of Blockchain + AI Integration, Huobi Expected to Turn Profitable in Q1
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Sun Yuchen Exclusive Interview with Bloomberg: Tron Leads the New Trend of Blockchain + AI Integration, Huobi Expected to Turn Profitable in Q1
Huobi will expand its business operations in Hong Kong and expects to achieve profitability in the first quarter.
Navigating Web3 tides with focused insightsOn February 10 local time, Justin Sun, founder of TRON and member of Huobi Global Advisory Council, sat down for an exclusive interview with Bloomberg's "Daybreak: Asia" program, engaging in an in-depth discussion with host Annabelle Droulers on topics including TRON’s AI strategy, Huobi’s expansion in Hong Kong, business developments, and performance outlook for the USDD stablecoin this year. Justin Sun emphasized that artificial intelligence is the next major trend in the blockchain industry, and TRON will play a key role in driving the integration of these two fields. He also revealed that Huobi is expanding its operations in Hong Kong and expects to achieve profitability by the first quarter.
Recently, multiple authoritative media outlets reported that TRON plans to establish a $100 million artificial intelligence development fund, marking a significant push into the AI sector. Industry experts have expressed strong confidence in its prospects, believing the convergence of blockchain and AI technologies will drive transformative changes across the industry. During the Bloomberg interview, Justin Sun highlighted TRON’s natural advantages in integrating with AI. He noted that current global AI applications generally lack effective payment solutions, and TRON, leveraging its decentralized technological strengths, can provide developers with secure and reliable payment infrastructure. In fact, some AI developers are already building applications on the TRON network. Justin Sun expressed his hope that in the future, all AI developers could leverage the TRON network to access stable and convenient payment solutions.
Justin Sun also shared several updates regarding Huobi during the interview. He stated that Huobi views artificial intelligence as a core strategic focus. Recently, Huobi has listed numerous AI-related tokens and launched a dedicated AI trading section on its platform to better meet user demand.
Justin Sun further disclosed Huobi’s intensified expansion in Hong Kong, stating that Huobi will establish a Hong Kong office and deepen its local business presence. He explained that Hong Kong is seen as a “testing ground” for cryptocurrency in China and is actively competing with Singapore for leadership as Asia’s crypto hub. Recent policy initiatives in Hong Kong present significant opportunities for the broader Asian and Chinese crypto markets, which is a key reason behind Huobi’s strategic move into the region.
Beyond Hong Kong, Justin Sun mentioned that Huobi also identifies Malaysia as another key market in Asia. Additionally, the Caribbean region, known for its crypto-friendly regulations, will remain a strategic priority for Huobi’s global footprint.
The recent recovery in the crypto market has significantly improved Huobi’s operational performance. Justin Sun noted that since the Lunar New Year, Huobi has seen a clear rebound in business activity. Combined with cost optimization measures—particularly reduced headcount—and favorable market conditions, Huobi’s revenue in January surged year-on-year. If this momentum continues, Huobi is on track to achieve profitability by the end of the first quarter.
Regarding the USDD stablecoin, Justin Sun said this year will be a pivotal one for its development. Since mid-2022, USDD has successfully weathered major market shocks such as the collapses of Luna and FTX. This year, TRON aims to further enhance USDD’s stability through wider promotion and adoption of the Peg Stability Module (PSM), the mechanism enabling seamless conversion between USDD and other major stablecoins.
There have been recent rumors that the U.S. SEC may take regulatory actions against stablecoins in the American market. Justin Sun believes this could be a significant opportunity for decentralized stablecoins like USDD. “There remains a persistent user demand for more decentralized and secure transaction options. Decentralized stablecoins will become an important choice for traders,” he said.
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