Justin Sun, the founder of TRON (TRX), one of the largest cryptocurrency platforms for deploying decentralized applications (dApps), recently noted that stablecoins have the potential to provide the infrastructure required to launch robust payment gateways.

According to Sun, a TRON-based USDT will be “faster, cheaper, and more reliable” in the future. He explained that the cryptocurrency has a highly scalable blockchain , which will allow for transfers with USDT, the world’s most dominant stablecoin, to be processed a lot faster.

USDT Transfers On TRON To Benefit Entire Industry

Sun claims that on-chain USDT transaction processing times have become a lot slower and that these issues will be resolved when the coin migrates over to TRON. Sun, whose comments came during a recent podcast interview hosted by Rachel Wolfson, “The Crypto Chick,”  added believes a TRON blockchain-based USDT has the potential to benefit the entire cryptoasset industry.

Going on to criticize USDT’s current implementation, which is based on the Omni layer, he argued that it’s very slow and unreliable. However, he believes that when USDT is integrated on TRON, it will help enable faster and more efficient payment systems. This, Sun noted, would encourage mass adoption of crypto-related products.

“A Lot Of Interest” From Institutional Investors

The former Ripple Labs employee mentioned that TRON’s products and services were being developed in order to attract more institutional investors. When asked to clarify how the TRON Foundation intended to distribute $20 million, as part of the decentralized project’s “global appreciation campaign,” Sun said it would be handled in a completely decentralized manner.

Having received a lot of criticism on social media for allegedly mismanaging the giveaway, which reportedly included giving away a free Tesla car, Sun explained that his organization was planning to launch the giveaway via airdrops in a manner that did not involve accessing users’ assets or private keys.

“Fully Decentralized, Secure Method” Of Conducting Giveaways

Going on to confirm that this method is a “fully decentralized and [a] secure method” of conducting cryptocurrency giveaways, Sun said that user funds would remain “100% safe” throughout the whole process.

Responding to a question about whether the TRON-based USDT would be launched at some point during Q2 2019, Sun claimed it would “definitely” be introduced by then. He further remarked that most likely, the TRON Foundation and Tether Ltd. would officially launch it on April 9.

Notably, Sun hinted at collaborating with Ethereum (ETH) developers in the foreseeable future as he stated during the interview:

Even this year you will see TRON (TRX) officially collaborating with Ethereum (ETH) to do something good for the industry.