TechFlow reported that on October 24, Justin Sun, HTX Global Advisory Board member and founder of TRON, delivered a keynote speech titled "RWA: Unlocking Value in the Digital Era" at the opening ceremony of Blockchain Life 2023 in Dubai. He stated that there are already over 100 CeFi and DeFi participants in the RWA space, which could grow to a $16 trillion market by 2030, transforming the cryptocurrency industry's models for value transfer and settlement.
During his speech, Justin Sun used stUSDT as an example to illustrate the additional value unlocked by RWAs in the stablecoin market. According to him, stUSDT can be viewed as a Web3.0 version of Yu'ebao, connecting on-chain assets with real-world assets to offer users diversified investment portfolios that meet various investment needs. Justin Sun concluded that in the evolving digital era, RWAs will become key to achieving mass adoption of cryptocurrencies. By combining tangible, familiar assets with digital innovations in the crypto industry, RWAs have the potential to reshape the global financial landscape.
Commenting on the current competitive landscape among cryptocurrency exchanges, Justin Sun noted that HTX is one of the leading Asian exchanges globally. This year, HTX has focused heavily on expanding its Asian user base, demonstrating strong growth momentum. After one year of development, HTX has joined Binance, Upbit, Coinbase, and OKX as one of the world's top five cryptocurrency exchanges. Justin Sun emphasized that HTX remains committed to exploration and innovation, striving to build a global crypto ecosystem that meets diverse user needs and promotes widespread adoption of cryptocurrencies. Both HTX and himself will continue to monitor developments and trends in the RWA market.
