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Justin Sun says on-chain verification matters more than personal wealth

September 01, 2026, 7:47 AM
Tron founder Justin Sun, asked about the size of his personal fortune, emphasized that what matters in the crypto industry is not individual wealth but data that can be directly verified on-chain. Using the English phrase "one-to-one," Sun added that a core difference between crypto and traditional finance is that blockchain lets users verify transaction records directly instead of trusting a specific individual. Sun said he would speak only about what can be verified and that the figures were current as of today. Sun added that HTX’s proof of reserves has been maintained for years, is disclosed regularly, and can be verified by third parties. User assets are always fully backed on a "one-to-one" basis, and all transactions take place on-chain, Sun said. He also said more than $94 billion in USDT is in circulation on the Tron network and that his principle since entering the industry has been to build on the internet so users can deposit and withdraw instantly.

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