Tron founder Justin Sun has called on large USDT holders to transfer their assets to his blockchain. The reason is the greater security and transparency of the network compared to the Ethereum blockchain.

"We have discussed solutions for storing large USDT reserves on our platform, and I recommend storing them on the Tron blockchain using the cold multi-sig method,” Sun wrote on social media.

He noted that cold storage solutions significantly reduce the risk of cyber attacks and unauthorized access. Tron's multi-signature feature easily integrates with cold storage solutions, further enhancing security measures.

Unlike Ethereum, which relies on smart contracts for its multi-signature security, Tron integrates it directly into the blockchain. Sun believes that this structure eliminates the additional risks associated with smart contract-based security vulnerabilities that have previously led to Ethereum-based solutions being hacked.

Sun believes that Ethereum exposes users to the risk of “blind” signatures, where approval can be given without full awareness of potential threats. This is the vulnerability that was exploited by the attackers in the Bybit hack. Tron eliminates this uncertainty and provides full transparency into every multi-signature transaction, Sun explains.

Meanwhile, the average transaction per transfer on the Tron network has reached an average of $6, which is significantly higher than on the Ethereum blockchain. Many users realize that this is not profitable for USDT transactions.