Future of USDT after Justin Sun Resigning from TRON

[magneto]

I think that there will be a hit to TRX.

But in terms of USDT, not necessarily. It's not like Justin had a big role to play in terms of how that operation is run.

USDT can just migrate to another chain if TRX starts to fade, but I wouldn't recommend anyone use USDT in the first place - it is simply too risky.

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[smartaction]

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 

Tron USDT was a popular USDT for multi transfer and for any payment transfer but at this time Tron gas fees has increased a lot It's around $2.5 at the moment. It is now behaving like ETH gas. that's why people are paying more attention to BSC network now for any altcoin and Stable coin

[2girls]

I think is reality is that TRON is a strong coin and they play a good role into the cryptocurrency and other thing is that trx are use many people into the transection so according to my experience is that the coin is already confirm going to rise there price.
But the coin was going to the position of usdt its a very strong role of crypto so in this time i seen that is impossible.

[Gudhal Untu]

Wrong thinking when a big coin like TRON is too dependent on Justin Sun, I think when he came out the work shift was done perfectly so TRON will continue to prosper, I also never doubted the future of TRON even without Justin Sun.

[cafucafucafu]

Wrong thinking when a big coin like TRON is too dependent on Justin Sun, I think when he came out the work shift was done perfectly so TRON will continue to prosper, I also never doubted the future of TRON even without Justin Sun.

That's not the question here.

The question is about USDT and not TRON, but TRON I think will probably be harder hit with Justin leaving than USDT.

USDT will falter as a matter of time regardless of what platform it is hosted on. I simply don't believe in their fractional reserve model.

[SlimShadyMmp]

This doesnt do anything to TRON I think and more I think cryptocurrencies are suppose to be decentralized not been controlled by anybody So I dont think You should be worried The project moves on whether he is there or not and for USDT I dont think its suppose to have any effect at all NO any connection to it from all the guesses I want to think of but still I dont know how your own thinking is going that way though

[Wawa2013]

Wrong thinking when a big coin like TRON is too dependent on Justin Sun, I think when he came out the work shift was done perfectly so TRON will continue to prosper, I also never doubted the future of TRON even without Justin Sun.

I see that Justin Sun's decision to resign from TRON will not have too big an effect on TRON's future. Since TRON has become as big as it is today,
it must be because of the cooperation of many people, because it's impossible for Justin Sun to be the only one who made TRON a potential project.
Justin Sun definitely has a team that makes TRON a strong project. I'm sure the TRON development team will still be able to make TRON even better,
even without Justin Sun. I also believe that not many investors have left TRON because Justin Sun is no longer at TRON. So I still recommend TRON
as a project that is worth buying and good for investment. Then it's the same with USDT, it won't matter if Justin Sun resigns from TRON.
The conclusion is not to worry about Justin Sun's decision to resign from TRON, it doesn't have a big effect in my opinion.

[southerngentuk]

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 

What's future?

Don't take the matter too seriously, everything is very clear in mention, Justin's withdrawal I think is not important because Justin's current presence in the Tron team doesn't make much sense either. However, there may be some doubt with the project, personally I am a Tron neutral so everyone looking at it needs to have a more relaxed attitude because the whole market situation is really looking forward to wait for 2022, the FUDs just make us more interested in that project , more sober.

[blockman]

With such resignation or acquisition, there's no need to think of its future. The people that have left managing the project will be the ones managing it. So, if you don't know who's on the back of it, there goes the worry on how they're going to manage it. But about USDT, you don't worry about it. Because the logic seems to be if the other protocol of USDT like the CEO of it resigns, you'll be worried about it again.

[barabeku]

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 

Actually, I believe that if there will be a new qualified CEO in Tron and it will continue developing and run more advertisement, Tron will become even better. Justing Sun abandoned Tron not because he doesn't believe in it, but because he wants to develop another sphere and make crypto more widely adopted. In terms of USDT, the main problem is that its process of releasing is not very transparent, so people are doubtful about it.

[rhomelmabini]

They'll probably rebrand it if there's a new CEO and in hope to make it more robust but I think Tron is likely a senile chain considering with new chain being developed. I wonder what goes to Sun's mind stepping down and works full time and never get paid there's something wrong on it to be perfectly honest. Anyways, we don't know the whole story but hope TRON will keep on striving, if not expect the worst.

USDT as a whole isn't affected in here and I wouldn't think even the USDT tron-based will be affected too. That's out of the context as far as I know.

[super bako]

Wrong thinking when a big coin like TRON is too dependent on Justin Sun, I think when he came out the work shift was done perfectly so TRON will continue to prosper, I also never doubted the future of TRON even without Justin Sun.

I hope so too, even without justin sun tron remains strong. What I hope is that Justin Sun will move, I hope that it will have a good impact on Coin Tron, not the other way around. sometimes in the crypto world there is always drama to be trending can bring positive or negative things. i will still believe tron will be fine..?

[masterrex]

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 

IMO, I think Tron will remain what it is, with or without Justin Sun because Tron is already in the market for more than 4 years, second is it has survived the longest bearish market trend in the history of crypto, how much more today that Tron has already large use cases and many projects has been using its TRC20 algorithm and one of it is the USDT Tether a Stablecoin Giant so for me it's not a big deal if Mr. Sun has resigned or not.

[bittick]

It is now behaving like ETH gas. that's why people are paying more attention to BSC network now for any altcoin and Stable coin

I do believe the significant increase with the price will be making decreasing the demand for the tron. It's not even expensive than BSC. I thought that as tron's vision to be the most scalable blockchain
 but it seems like that it will not happen anymore. BSC has various kinds of stable coins and that will be attracting more demand.

Wrong thinking when a big coin like TRON is too dependent on Justin Sun, I think when he came out the work shift was done perfectly so TRON will continue to prosper, I also never doubted the future of TRON even without Justin Sun.

No man but this guy has a very good skill to influence people and he has a big role in the tron foundation. The problem is this blockchain is lack of innovation. High fees has become another problem that appears in the tron blockchain. It touches a few dollars for a single transaction. The future of this blockchain was not so bright like another blockchain.

[suzanne5223]

Firstly, USDT is not controlled by Tron nor Justin those most USDT user like to make use of the TRC20 since most crypto exchange site supported but other scalable blockchain network like SOL, Avax, EOS etc also supported USDT though some exchange site are yet to support those chain for USDT transaction. However, I believe Tron will be in good hand though I dont clearly understand Justin stance about quitting Tron but I believe he just leave the title of CEO to someone else but hes still part of the Tron project.

Correct but people think Justin Sun controls all like what they believe that if satoshi comes back, satoshi can control all development of Bitcoin. It is not because Bitcoin protocol must reach to consensus for any upgrade. Same for many other blockchains and TRON too.

Reaching a consensus state before any upgrade in the cryptocurrency realm is only valid in decentralized crypto, yes Tron is decentralized and also an open-source crypto project.

Years ago, Litecoin founders sold out all of his Litecoin to get rid of his impact on Litecoin price. It is another variant to eliminate impact of founders on price but a bit different than what was done by satoshi.

Charlie Lee, Justin Sun are well known founders, not anonymous like satoshi so they have to do different approaches.

Charlie publicly announce the selling of all his LTC holding is what affect the LTC market till now because we have a lot of investors which dont have much understand about the crypto market. However, if Charlie want to eliminate the impact of himselve in the LTC market he shouldn't have sell all his holding because people believe his an act of rug pull.
He should have sell some portion just like Elon did with his Tesla holding.

[bbc.reporter]

@Cangkeman Wae. You are correct. There is an argument that it might also be an advantage for Tether and iFinex if Justin Sun creates more political connections in Grenada and the surrounding jurisdictions. Tether will hyperdollarize them hehehe.

There were also rumors that Justin Sun is a major holder of LEO. This is a utility token issued for iFinex’s ecosystem.

[Pejoh Asu]

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.

[Kodok Bencot]

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.

[Woodie]

Bitcoin is still in the first position of our digital currencies even without its creators or lead developers Satoshi Nakomoto in control which is evidence enough that tron will remain in good hands with the community even with Justin Sun stepping down which is not like his going out with all the control. Am sure his doing this to avoid any conflict of interest and i welcome this move.

[babygun]

I don't think it's a problem, TRON and USDT will not be affected by Justin Sun's exit, this is a project of a team of more than 10 people, maybe like 1 person who comes out playing football, there is an impact but it will not be significant.

I think it can even be beneficial for the development of TRX as Justin Sun was quite a special figure and caused quite a lot of controversies in the past. Also if you look at the performance of the TRX price the last couple of years, it has underperformed against the broad market.