Sun Yuchen Team Developing New Solution for Stablecoin Transfers without Gas

Coin World reported:
On July 6th, Justin Sun, the founder of TRON, announced on social media, “Our team is developing a new solution to enable gas-free stablecoin transfers. In other words, transfers will no longer require any gas tokens, as the fees will be entirely covered by the stablecoins themselves. This innovation will first be implemented on the TRON blockchain, followed by support for Ethereum and all EVM-compatible blockchains. We expect to launch this service in the fourth quarter of this year, and I believe similar services will significantly facilitate the deployment of stablecoin services by large corporations on blockchain and elevate the mass adoption of blockchain to new heights.”


Additionally, Sun predicted that TRON will become the first blockchain with over 1 billion addresses worldwide.


As a crucial infrastructure in the blockchain sector and one of the largest payment networks globally, TRON has consistently promoted the widespread adoption of stablecoins. Currently, TRON has established a stablecoin ecosystem led by TRC20-USDT, alongside TRC20-TUSD, TRC20-USDC, USDD, USDJ, and offshore RMB stablecoins TCNH and CNH₮. The total market capitalization of stablecoins on the TRON blockchain has reached $60.9 billion, ranking second among public blockchains worldwide. TRC20-USDT alone constitutes over half of the total circulating USDT, playing a critical role in emerging markets.
Continuing its dominance in the stablecoin market, and benefiting from advantages such as high throughput, scalability, and reliability, the TRON blockchain ecosystem has flourished in recent years, with network activity steadily increasing. As of now, TRON has surpassed 242 million accounts and processed over 7.9 billion transactions, with a total value locked (TVL) exceeding $20.2 billion. It has made significant strides in popular sectors such as DeFi, NFTs, Metaverse, GameFi, cross-chain interoperability, DID, AI, and RWA.
With a mission to build a Metaverse financial free port, TRON will accelerate the global adoption of blockchain and stablecoins, creating more convenience for users worldwide.