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Author Topic: Future of USDT after Justin Sun Resigning from TRON  (Read 531 times)
adaseb
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December 27, 2021, 03:36:28 AM
 #41

I am pretty sure most people who hold tons of tether do it on either the Bitcoin or Ethereum blockchain. Most don’t keep large amounts on the Tron blockchain. Most likely due to Justin Sun. They want to be safe and feel better paying the higher fees on ETH or slower transactions on BTC network than using tron.

Tron is good for small amounts in my opinion. I agree it’s much cheaper and faster than Bitcoin and Ethereum. However it’s newer and hence why people don’t transact large amounts on Tron blockchain. So I see no issues for tether.
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December 27, 2021, 01:53:18 PM
 #42

This undertaking didn't give us the best return yet. However he is leaving it clearly make adverse consequence for at some point since its crypto assuming that the new CEO be beneficial staff and make this venture all the more great. I trust that the significance and worth of this coin won't go down later Justin and some skilled individual will assume responsibility and will stand firm on the footing of Tron.


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December 27, 2021, 02:53:48 PM
 #43

Of course the team has calculated the scenario if Justin Sun leaves TRON, I don't think this will have too big an impact and the market won't panic with Justin's exit, I'm optimistic that the team can make the best rotation or change so that TRON and USDT will continue to shine.



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December 27, 2021, 03:44:17 PM
 #44

Justin Sun quits Tron to become WTO ambassador for Grenada, so what will be the future of  tron and more importantly USDT ? I am really concern about this news and how will it impact our investment in trx and stable coin usdt  Roll Eyes
This is just another confirmation that the days of TRON are numbered, it is very unlikely that it is going back to its former glory so people need to be very wary of investing in the coin, now that being said this is not going to affect USDT at all, this is at worst just a small obstacle on its path and nothing more, USDT does not need the TRON network but the TRON network needs USDT, which means that if someone is depending on it for their USDT transactions now it is the time to rethink this decision.
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December 27, 2021, 03:53:07 PM
 #45

Justin Sun was never in charge of USDT, I think a lot of people have mistakenly identify USDT with Tron due to the popularity of TRC 20 USDT. So him quitting Tron will have no impact whatsoever on the status of USDT.
Rather you should be concerned with the impact of his departure on Tron itself.

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December 28, 2021, 05:02:27 AM
 #46

Of course the team has calculated the scenario if Justin Sun leaves TRON, I don't think this will have too big an impact and the market won't panic with Justin's exit, I'm optimistic that the team can make the best rotation or change so that TRON and USDT will continue to shine.
If you read the article properly and you will not say that. He just laves from the daily operation and development of tron foundation and this doesn't mean if he was fully leaving from the tron foundation. This will not give a big impact coz this is just a gimmick created by some crypto news sites. This is something that didn't need to be discussed anymore after knowing justin is still involved in the development of tron foundation from outside of the foundation.  He will never leave the company that makes him become the new rich person in crypto. I don't even think that will happen but this news was full of gimmick. lol USDT has nothing to do with tron development or tron team. it's only operated in tron blockchain but usdt is the only thing that makes tron is still alive right now. The tron blockchain is a garbage blockchain with non sense fees right now compared with its specification. This is also an expensive blockchain these days after ethereum.

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December 29, 2021, 03:07:48 PM
 #47

Of course the team has calculated the scenario if Justin Sun leaves TRON, I don't think this will have too big an impact and the market won't panic with Justin's exit, I'm optimistic that the team can make the best rotation or change so that TRON and USDT will continue to shine.
If you read the article properly and you will not say that. He just laves from the daily operation and development of tron foundation and this doesn't mean if he was fully leaving from the tron foundation. This will not give a big impact coz this is just a gimmick created by some crypto news sites. This is something that didn't need to be discussed anymore after knowing justin is still involved in the development of tron foundation from outside of the foundation.  He will never leave the company that makes him become the new rich person in crypto. I don't even think that will happen but this news was full of gimmick. lol USDT has nothing to do with tron development or tron team. it's only operated in tron blockchain but usdt is the only thing that makes tron is still alive right now. The tron blockchain is a garbage blockchain with non sense fees right now compared with its specification. This is also an expensive blockchain these days after ethereum.

This means he will still have his say in the Tron foundation and he will get his profit shares too ?
If this is the case, then nothing is gonna change for tron and i am not gonna change my perception about this project. I consider tron a shit coin which is hyped by justin sun.

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December 29, 2021, 03:47:40 PM
 #48

This means he will still have his say in the Tron foundation and he will get his profit shares too ?
If this is the case, then nothing is gonna change for tron and i am not gonna change my perception about this project. I consider tron a shit coin which is hyped by justin sun.
It will be like Charlie Lee in Litecoin. They will still involve in Litecoin and TRON projects. It is only they won't involve too much in coins or tokens they hold.

Shit coin or not, TRON already achieves good things. The token is accepted on many exchanges and before the growth of Solana, TRON and TRC-20 is the best alternative for crypto users when Bitcoin and Ethereum had expensive transaction fees.

Before the shill and attempts of CZ to shill Binance Smart Chain, by increasing withdrawal fee on TRC-20 chain, the fee is 0 that is very attractive.

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December 29, 2021, 04:41:42 PM
 #49

I'm sure if Justin's role in TRON is not significant anymore so he leaves, we don't know behind the scenes of TRON, maybe there are many problems that made Justin choose to leave and of course TRON will never depend on Justin Sun so without Justin TRON will still continue to shine.

Right, big projects and companies must have a good and neat management system, for example Microsoft without Bill Gates or Facebook without Mark Zuckerberg will run normally, this is a system and of course the thoughts of Justin Sun are already contained in the TRON system.
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January 11, 2022, 07:30:15 PM
 #50

If justin sun resign then of course that will impact on tron but not on usdt! Cause usdt isn’t depending on tron only, let you know there are many alternative ways for usdt transactions. Might be impact on daily volume but the fact is, tron Isn’t suppose to be a good coin! justin sun has talent but tron always disappoints people by its failed movement. So don't set high expectations from it. Now It's all about waiting for new ceo as well as his steps about tron
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January 11, 2022, 08:43:42 PM
 #51

Tron and USDT are optional investment vehicles. Currently usdt is in the 3rd rank as far as I know. The demand will always be positive, as Tron money transfers are processed with the lowest commission.
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January 17, 2022, 11:46:36 PM
 #52

Tron and USDT are optional investment vehicles.
Hell yeah but USDT was not an optional for investment purpose. USDT is a way for people in crypto to keep their value to be stable and it will be affected by the volatility in the market. USDT has nothing to do with the resign of justin. USDT is using tron caused by it's cheap and to be optional blockchain for ethereum when there's no a lot of alternative blockchain to be used as a way to avoid the big fees on ethereum. It doesn't make sense to create a correlation between resigning of justin will be affecting the future of USDT. If this is about tether and that will actually affecting the future of USDT.
Tether can decide whether it will be using tron forever or not. The key should be on tether and not justin. Low transaction fees is main reason for tether to pick tron blockchain.
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January 17, 2022, 11:51:31 PM
 #53

Justin Sun quits Tron to become WTO ambassador for Grenada, so what will be the future of  tron and more importantly USDT ? I am really concern about this news and how will it impact our investment in trx and stable coin usdt  Roll Eyes

As for what will happen to USDT, I think his resignation doesn't matter too much.
The situation is definitely worse with the TRON project. I think that we can expect significant price drops in the near future. If someone likes speculation, TRON will be a great long-term investment for sure in a few days or weeks, because I think that its price may temporarily drop by several percent.

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January 17, 2022, 11:55:48 PM
 #54

I'm surprised to know this. Of course, this news may have an impact on TRX or USDT price. But I don't think it will last a long time. Justin Sun isn't the only one in Tron Foundation, there will be another one to replace him. Except Tron Foundation is bankrupt, we don't need to worry about the future of TRX or USDT. Anyway, I don't see a significant impact on TRX price although we have this issue.

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January 17, 2022, 11:58:17 PM
 #55

Justin Sun quits Tron to become WTO ambassador for Grenada, so what will be the future of  tron and more importantly USDT ? I am really concern about this news and how will it impact our investment in trx and stable coin usdt  Roll Eyes


It feels great to hear those amazing stories about TRON, no matter what happens I go for positive impact despite of lots of controversies over time, not just trx but also for other promising assets. USDT's future just depends on different pairing but trx network I guess it remains stronger in time as the fluctuations hasn't going down so bad. It continue to develop as time gets older.


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January 18, 2022, 05:58:58 AM
 #56

I'm sure if Justin's role in TRON is not significant anymore so he leaves, we don't know behind the scenes of TRON, maybe there are many problems that made Justin choose to leave and of course TRON will never depend on Justin Sun so without Justin TRON will still continue to shine.

Exactly, TRON and USDT are big projects that of course will never depend on 1 or 2 people, and I'm sure even if Justin Sun left TRON there is already a team that can perform functions like Justin Sun.

True. Exit of Justin sun won't make much difference as it is already well established organization and its coins are listed on majority of Exchanges , though it may have some temporary negative effect on Tron price but Traders will continue using Tron and USDT for transferring funds as the transaction fee is the lowest on this network.

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January 18, 2022, 08:24:57 AM
 #57

We have no choice if what will gonna happen to trx network (usdt) wherein we need to accept the fact since there's already a rumours, at least we are aware because of that news. Infact there's are still some options when it comes stable coins and different network, so let's be prepared instead to prevent losses however it will really gonna happen soon.
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January 20, 2022, 09:20:38 AM
 #58

Justin Sun quits Tron to become WTO ambassador for Grenada, so what will be the future of  tron and more importantly USDT ? I am really concern about this news and how will it impact our investment in trx and stable coin usdt  Roll Eyes

Many people had skipped the btc in 2013-2015.Now they feel about that lose of chance. But now, same trx had such a potential like a bitcoin.So it's best time to inverse in trx for the long running profit or for the future assets. They is no doubt, the investment was spilted amomg the trx and usdt.If you want to hold for the short period. You should use of the usdt.You can easily get some cents as just holding the usdt.

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January 20, 2022, 01:01:56 PM
 #59

Although Justin Sun have resigning and quit from TRON project still not any impact because have the same mission and developer mind with TRON mission for the future, very hard how to make investor keep believing with TRON coin depend not stable and reach all time higher price. Maybe just spent investor only keep hold TRON coin after their project BTT coin have trouble with new upgrade and close trading on many exchange market, many investor and holder worry will BTT coin can reach higher price after new upgrade or still dump.

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January 20, 2022, 01:06:14 PM
 #60

I'm surprised to know this. Of course, this news may have an impact on TRX or USDT price. But I don't think it will last a long time. Justin Sun isn't the only one in Tron Foundation, there will be another one to replace him. Except Tron Foundation is bankrupt, we don't need to worry about the future of TRX or USDT. Anyway, I don't see a significant impact on TRX price although we have this issue.
Currently TRX and USDT are both still holding on in the market with very good volumes and it is clear that there has not been a bad impact and if this year can have a better performance, then we can be sure TRX will also rise to find new ATH in the year this.

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