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Cryptocurrency News Articles

title: Justin Sun Announces Gas Free Feature for Tether's USDT Stablecoin

Feb 26, 2025 at 09:53 pm

Founder of the Tron blockchain and owner of a banana for $6.24 million, Justin Sun announced Gas Free feature for Tether's USDT stablecoin.

title: Justin Sun Announces Gas Free Feature for Tether's USDT Stablecoin

Tron, known for its stablecoin dominance and low-cost structure, is aiming to regain ground in the low-fee segment.

Tron, known for its stablecoin dominance and low-cost structure, is aiming to regain ground in the low-fee segment.

Recently, Tron has faced criticism for high gas fees, sometimes exceeding $9 per transaction, which could be a significant expense, especially for regular USDT users.

Recently, Tron has faced criticism for high gas fees, sometimes exceeding $9 per transaction, which could be a significant expense, especially for regular USDT users.

However, in a positive development, Tron founder Justin Sun announced on X (formerly Twitter) that Gas Free for Tether’s USDT stablecoin will be launched on Tron over the next week.

This update, which has been in the works since at least mid-2024, will allow USDT transactions to be made without the need to use the native Tron token (TRX) to cover fees (gas).

This initiative is intended to promote greater ease of use and lower barriers to entry for new users.

Tron’s stablecoin activity has made it a dominant force in the stablecoin space, surpassing blockchains such as Ethereum.

Sun also noted that the commission-free model could eventually spread to Ethereum and other Ethereum Virtual Machine (EVM)-compatible networks.

The crypto market, which is in a state of extreme fear due to recent events, such as Trump’s new tariffs and the US dollar’s appreciation, Bybit exchange hacking, a huge amount of memecoin scum did not react to the news. The price of the TRX token remains stable at around $0.22.

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Other articles published on Feb 27, 2025