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Nadav
@nadav
Why does Tron have such outsized stablecoin / payments traction in developing world (supposedly, that is)? What's the story behind this?
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Leighton
@lay2000lbs
My friend in Argentina said it’s basically just low gas fees plus a ton of marketing
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Liam
@liam.eth
I think: They launched at the best time (as ethereum was getting popular for cross CEX transfers, but fees were insane) and got huge distribution from early integration with Binance. Then market makers used it as cheaper, faster, better way to move Tether around. Network effects of Binance users took care of the rest.
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androidsixteen
@androidsixteen.eth
This article is a great read that corroborate's @liam.eth's answer: https://www.dlnews.com/articles/people-culture/lebanon-just-cant-quit-justin-suns-tron/ The perfect storm of timing included macro circumstances like the Lebanese pound collapsing
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binji 🔴
@binji.eth
its growing to become ossified infra within the binance app layer that everyone uses. inevitably, the fundamental truth is: if you have the best distribution, you will win.
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accountless
@accountless.eth
ties w/ binance?
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Devain Pal Bansal 🛜
@dpbmaverick98
Being in the Ethereum L2 bubble, we miss out on the activity on other chains. This first hit me at a regional meet where people were building real-estate RWAs on Tron and fractionalising their ownership. And attracting big industrialists to the whole idea. There it was, me, who won't touch Tron :(
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