The final time Justin Solar set foot within the U.S. he was Grenada’s WTO ambassador and was navigating the rocky waters of former President Biden’s crypto crackdown.
Instances have modified. Now, he is eating at an occasion hosted by President Donald Trump for the most important holders of his TRUMP memecoin and celebrating a regulatory breakthrough, as issuers eye a possible Tron ETF, signaling a putting reversal in crypto’s American fortunes.
Talking completely with CoinDesk after the Presidential dinner, which was met by protestors, the Tron founder dismissed allegations that the token is a automobile for bribery. He known as skeptics short-sighted, arguing Trump’s embrace of crypto may spark a brand new period of digital asset innovation in America.
“All of the haters want to actually listen,” Solar instructed CoinDesk, describing Trump’s assist for crypto as one of many President’s finest selections. “There are optimistic issues taking place within the trade.”
He described the dinner as a transparent signal the U.S. is regaining its standing because the crypto’s international hub, marking a pointy reversal from the Biden administration’s warfare on the trade, which had beforehand prompted crypto companies to think about offshore strikes.
“On the Trump dinner, some supporters instructed me they have been considering of leaving the U.S. due to the Biden administration, transferring to locations like Hong Kong or Singapore,” Solar stated. “Even Consensus began holding occasions exterior of america.”
“However now they’ve modified their minds. It brings all people again into the U.S.,” he continued.
Criticism of Trump’s resolution to launch a memecoin has come quick and livid from mainstream media, together with makes an attempt to hyperlink holders of the token to white nationalism.
Solar dismissed this criticism by emphasizing that critics have each proper to specific their views below the First Modification.
‘Memecoins have benefit’
Whereas protesters met the memecoin trustworthy who attended the TRUMP dinner, skepticism about meme cash is not restricted to outsiders.
At a fireplace chat throughout Consensus 2025, Barstool Sports activities founder Dave Portnoy described meme cash as primarily “playing,” questioning their longevity.
“I get why individuals prefer it,” Portnoy stated. “It’s a type of playing, it’s a Ponzi scheme. I don’t imply that in a unfavorable approach.”
Solar disagrees. Relatively than viewing meme cash as playing or Ponzi schemes, he positions them as legit segments of digital asset markets.
Solar pointed to tokens like DOGE and SHIB as examples of success tales which have helped onboard customers into crypto. He emphasised that Tron’s aim is to assist “each single piece in crypto to develop and develop into mainstream.”
“I completely suppose memecoins have benefit,” Solar instructed CoinDesk. “It’s identical to doing enterprise. Some succeed, some go to zero. That’s entrepreneurship.”
