{"id":15011,"date":"2024-07-08T10:19:57","date_gmt":"2024-07-08T07:19:57","guid":{"rendered":"https:\/\/forklog.com\/en\/tron-to-introduce-gas-free-stablecoins\/"},"modified":"2024-07-08T10:19:57","modified_gmt":"2024-07-08T07:19:57","slug":"tron-to-introduce-gas-free-stablecoins","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tron-to-introduce-gas-free-stablecoins\/","title":{"rendered":"TRON to Introduce &#8216;Gas-Free&#8217; Stablecoins"},"content":{"rendered":"<p>The TRON team is developing a solution for fee-free P2P stablecoin transfers, as announced by the project&#8217;s founder, Justin Sun.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Our team is developing a new solution that enables gas-free stablecoin transfers. In other words, transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves.<\/p>\n<p>\u2014 H.E. Justin Sun \u5b59\u5b87\u6668 (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1809579898136326509?ref_src=twsrc%5Etfw\">July 6, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves,&#8221; Sun explained.<\/p>\n<\/blockquote>\n<p>He anticipates the mechanism will be implemented in the fourth quarter, followed by Ethereum and other EVM-compatible networks.<\/p>\n<p>According to the analytics firm Artemis, TRON leads in stablecoin activity, surpassing BSC in the number of active wallets and Ethereum in coin turnover volume.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">2\ufe0f\u20e3 Stablecoins<\/p>\n<p>Part of the TRON&#8217;s success is stablecoin activity<\/p>\n<p>TRON has seen consistent growth in all stablecoin metrics and recently hit an all-time high in circulating supply at $60bn.<\/p>\n<p>Addresses using stablecoins on TRON is ~ATH and above BSC, the second highest chain. <a href=\"https:\/\/t.co\/Rvgskwx4tj\">pic.twitter.com\/Rvgskwx4tj<\/a><\/p>\n<p>\u2014 Artemis (@artemis__xyz) <a href=\"https:\/\/twitter.com\/artemis__xyz\/status\/1806357189818548347?ref_src=twsrc%5Etfw\">June 27, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to <a href=\"https:\/\/defillama.com\/chain\/Tron\">DeFi Llama<\/a>, the total value locked in TRON is $7.15 billion, with $58 million attributed to &#8220;stablecoins.&#8221;<\/p>\n<p>Earlier, Arkham estimated Justin Sun&#8217;s wealth at $1.04 billion, with approximately a third of the entrepreneur&#8217;s fortune in stablecoins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TRON team is developing a solution for fee-free P2P stablecoin transfers, as announced by the project&#8217;s founder, Justin Sun. Our team is developing a new solution that enables gas-free stablecoin transfers. In other words, transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves. \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,807,951],"class_list":["post-15011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-stablecoins","tag-tron"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=15011"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/15010"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=15011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=15011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=15011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}