Justin Sun recalls the early days of Omni and USDT: Lost $50K TRON founder Justin Sun @justinsuntron shared during a Binance Live session that in the early days, USDT was issued on Bitcoin's Omni layer, with transfers being extremely slow and prone to errors. He once accidentally lost $50K due to a withdrawal failure. This pain point motivated him to proactively reach out to Tether, ultimately leading to the issuance of USDT on the TRON blockchain.