Tron Is Developing Gasless Stablecoin Transfers

Zoom out: Traders are hoping the bottom is in. Feature Story: Justin Sun says Tron s Developing Gasless Stablecoin Solution

Good morning. After posting about crypto scams, scams in general, and several complaints about crypto exchanges, my inbox is filled with people who ask us to check out if something is a scam or not.

With regards to exchanges, they would request if there’s something we can do for their money stuck somewhere.

It’s a big responsibility. We will continue what we’re doing (reporting scams, writing about complaints), but I also wish there are more efforts to ensure Filipinos don’t fall to scams again.

That, and more news in today’s weekly news recap!

Here are the crypto highlights of the week:

Zoom out: Traders are hoping the bottom is in.

Tron is creating a new stablecoin solution that allows free peer-to-peer transfers, announced by founder Justin Sun.

What’s the significance: This move could make sending stablecoins cheaper and easier for everyone, attracting more users and businesses.

The numbers: Tron is already a leader in stablecoin transfers, handling more transactions than Ethereum:

Tron aims to become the go-to platform for stablecoins, with its fast and low-cost transactions.

Details on how the gasless fee transfers are not yet provided, but the stablecoins will cover the costs themselves, as per Sun.

What’s next:

Harry Santos also contributed an article to BitPinas highlighting 5 Exciting Projects Being Built on Bitcoin.

Stay informed about the latest regulatory updates from here and around the world and what they mean for you:

Meet El Bonuan: Emmanuel Lorenzo Bonuan is an interior designer and NFT artist.

Check out articles about him here.

On the ground activations and more:

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BitPinas Webcast: Last Thursday’s episode was an information-filled 1.5 hours on decentralized finance, the tools needed, yield farming, restaking, and the platforms to get started. Check out the webcast episode here!

Noteworthy updates and announcements from around the crypto and blockchain world:

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