Eric Trump Clarifies No Public Role in Tron Venture Led by Justin Sun

Eric Trump has clarified that he does not hold a public position within a new Tron-related company led by Justin Sun. This statement came in response to reports linking the son of former U.S. President Donald Trump to Sun’s venture. Eric Trump confirmed his connection to Dominari Securities, a broker-dealer acting as the exclusive agent for Sun’s deal, where he and his brother, Donald Trump Jr., joined the advisory board in February.

Justin Sun has declared himself the largest owner of a Donald Trump-themed memecoin, which earned him a dinner invitation from the . Additionally, Sun announced the creation of the first USD1 stablecoins on the Tron network. USD1 is issued by World Liberty Financial, a project with Trump family associations, with Sun listed as the main financial backer and an advisor.

Tron (TRX) has established itself as a dominant blockchain for stablecoin settlements, particularly in Asia. Operating as a delegated proof-of-stake (DPoS) Layer 1 chain, it serves as a backbone infrastructure for Tether (USDT) transfers, handling billions in daily transaction volume. Tron’s strategic positioning through collaborations with exchanges, custody providers, and financial institutions in the Asia-Pacific region has helped it avoid much of the regulatory noise faced by Western-centric projects.

Despite not being as prominent in social media as other Layer 1s, Tron’s consistent usage metrics and stable infrastructure have built long-term credibility. From a technical analysis standpoint, TRX is showing strong signs of accumulation, trading near the upper boundary of a rising channel with moving averages and oscillators all flashing “strong buy” signals. Analysts project a potential retest of the $0.32–$0.36 zone in the short term, with breakout potential toward the $0.40–$0.45 level if broader market sentiment remains positive. On the downside, $0.25 remains a critical support level to watch.

Sun’s announcement of the USD1 stablecoin project comes after Circle Internet Financial completed a traditional initial public offering (IPO). Circle’s USDC stablecoin currently ranks as the seventh-largest cryptocurrency by market value, positioned just above Tron’s TRX. Typically, blockchain firms select clearer paths to public listings to build confidence among potential investors. Circle’s method seems more established at this time, while reverse mergers, which were frequently used by Chinese firms seeking U.S. listings in the 2000s, have faced regulatory scrutiny and accusations of financial impropriety.

An unresolved SEC lawsuit against Tron and its associated companies adds to the regulatory overhang. The regulator accuses Sun and his companies of selling TRX and BitTorrent (BTT) tokens as unregistered securities, raising questions about adherence to securities laws. If TRX is ultimately classified as a security, Tron Inc. might encounter further regulatory requirements.