Tron (TRX) founder Justin Sun has announced a new project aimed at revolutionizing stablecoin transactions.
The Tron team is developing a system that allows users to transfer stablecoins without paying gas fees. This innovative approach means users won’t need to pay any gas fees for stablecoin transfers; instead, these fees will be integrated into the stablecoin mechanism.
The stablecoin system is expected to launch in the fourth quarter of this year on the Tron blockchain, with plans to expand to all blockchains, including Ethereum (ETH) and Ethereum Virtual Machine (EVM) compatibility.
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This initiative is expected to significantly facilitate the deployment of stablecoin services by major corporations and potentially accelerate blockchain’s widespread adoption.
“We are developing a new solution for gasless stablecoin transfers. In other words, transfers can be made without paying any Gas tokens, with costs fully covered by the stablecoins themselves.”
— Justin Sun (@justinsuntron)
July 6, 2024
