Happycoin.club - The founder of the Tron blockchain project, Justin Sun, announced that his subordinates are creating a gasless stablecoin.
Our team of specialists is developing a new solution that allows us to implement the concept of gas-free transfers of stablecoins. In other words, coins can be sent without spending tokens used to pay for gas. The commission will be fully covered by the stablecoins themselves,” Sun said.
Thanks to this innovation, owners of cryptocurrencies with a stable rate will not need to store, for example, Ethereum (ETH) to pay the transfer fee for Tether (USDT). Thus, the network will begin to hold stablecoins as a reward to validators. According to Justin, this will simplify the process of integrating stablecoins into the digital platforms of large companies.
Sun plans to release gasless stablecoins in the fourth quarter of 2024. These digital assets will first appear on the Tron network, and then they will be created on the Ethereum blockchain and compatible cryptocurrency networks.
Tron now leads among blockchains in terms of the volume of peer-to-peer transfers in stablecoins, exceeding $12.5 billion, apparently, per day. According to this indicator, Tron is two to three times ahead of its closest competitor, the Ethereum network. Therefore, high demand is expected for gasless stablecoins.
