Justin Sun, the founder of the Tron blockchain and a prominent figure in the crypto world, recently announced a major initiative aimed at enhancing Tron's appeal to stablecoin users.
Justin Sun, founder of the Tron blockchain, has announced a major initiative to make Tron more appealing to stablecoin users.
Sun announced that Tron development teams are working to eliminate stablecoin transaction fees, offering users a completely free transfer experience.
Several stablecoins, including USDT, USDC, and TrueUSD (TUSD), have found a home on Tron, in addition to Tron DAO Reserve’s own stablecoins, USDD and USDJ.
These stablecoins are already known for their low transaction costs on Tron, especially when compared to Ethereum, where fees are typically much higher. Sun stated that the goal of the zero-fee initiative is to further solidify Tron’s position as a leading blockchain for efficient and affordable stablecoin transactions.
READ MORE:
Solana Futures ETFs May Arrive Sooner Than Expected
According to CoinGecko data, Ethereum was the highest-earning blockchain in transaction fees for 2024, generating $2.48 billion. Tron came in second with $2.15 billion, followed by Bitcoin with $922.89 million.
This data highlights Tron’s growing presence in the crypto space, as it continues to challenge Ethereum’s dominance in transaction volumes and cost efficiency.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
