Asia Crypto News: TRX Public Listing Might be Investors' 'Visa' moment for Stablecoins
Tron Inc. is going public through a reverse merger with SRM Entertainment, which may provide investors exposure to blockchain infrastructure supporting over half of USDT transactions and significant global stablecoin activity. This move positions Tron to facilitate payments in emerging markets, akin to Visa's role in the U.S. market. Unlike Circle, which issues USDC without controlling its infrastructure, Tron captures transaction fees and directly benefits from on-chain stablecoin usage, particularly in underbanked regions. The announcement has not stirred much market reaction, but parallels are drawn to Visa's IPO, suggesting that Tron could serve as a vital entry point for public investment into emerging market payment systems. The article also notes that Tron has become a preferred blockchain in regions with distrust in local banking systems, highlighting the potential of stablecoins as preferred transactional mediums.
Source đź”—