Justin Sun will launch Tron, other network gas-free stablecoin transfers
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Justin Sun, creator of Tron Network, revealed gas-free stablecoin transfers, an amazing breakthrough. Many users appreciate Tron's newest suggested feature, while others lament the late update.
Justin Sun: Gas-Free Stablecoin Transfer Starts Q4 2024
On Saturday, Justin Sun wrote on X that Tron is developing on a stablecoin sending and receiving update sans gas costs.
Each blockchain transaction incurs gas expenses. Stablecoin transactions on Tron use TRX token to pay gas costs.
Justin Sun said the new method will enable stablecoin transactions without TRX or other native assets. These transactions will be entirely funded by stablecoins.
The notable crypto personality further indicated that this update would first be implemented on Tron before being extended to Ethereum and other EVM-compatible public networks.
While this functionality does not remove transaction costs, it may cut gas prices for stablecoin-only users. Some Tron users praised the developers for this âinnovationâ. Mark Lamb, an aficionado, said:
Other users have criticized Tron for releasing this option late, while Celo and the Internet Computer Protocol (ICP) already provide a comparable capability.#SOFR_Spike #BinanceTurns7 #BinanceTurns7 #VanEck_SOL_ETFS #MtGoxJulyRepayments