Tron to develop gasless stablecoin transfers by Q4
Justin Sun, the founder of Tron, announced on July 6 in a post on X that his team is working on enabling gas-free peer-to-peer (P2P) stablecoin transfers.
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Justin Sun, the founder of Tron, announced on July 6 in a post on X that his team is working on enabling gas-free peer-to-peer (P2P) stablecoin transfers.
Tron (TRX) founder Justin Sun has revealed plans for an innovative solution to streamline stablecoin transfers by eliminating gas fees.
Bitcoin, Litecoin and Tron are our top cryptocurrencies to watch this week after noteworthy performances amid a period of sustained selloffs.
Tron is set to enhance convenience for crypto users by eliminating gas fees for stablecoin transfers.
Tron's daily average transactions increased by 6% this month compared to the previous month.
TRON founder Justin Sun announced that his team is developing a stablecoin solution to increase institutional adoption of such assets.
Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction solution for stablecoins. This means that stablecoin movement fees will be free for the users, with issuers having the opportunity to pay for these.
In an exciting development, Justin Sun, founder of Tron Network, has announced plans are underway to introduce gas-free stablecoin transfers. This has drawn much reaction with many applauding Tron's latest proposed feature, while other users criticize the late implementation of this upgrade.
Tron's founder Jusin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level.
Justin Sun, the creator of TRON, has revealed that his team is in the process of enabling gas-free stablecoin transfers in the fourth quarter of 2024. Per his announcement, the solution would only work on TRON in the beginning.
Tron Network has emerged as a beacon of resilience, showcasing robust growth in its active user base and maintaining stable performance metrics. Despite the challenges faced by other digital assets like Bitcoin (BTC) and Ethereum (ETH), Tron's strategic innovations and steady market presence have positioned it favorably amidst the current market uncertainties.
Sun declined to explain the technical details, but noted that the gas fees will somehow be covered by the stablecoins themselves.
TRON, under the leadership of founder Justin Sun, is poised for significant growth with its innovative approach to stablecoin transfers. Sun recently announced plans to introduce gas-free stablecoin transactions on the TRON blockchain, a move set to revolutionize transactional efficiency.
According to crypto analytics firms CryptoQuant and Into the Block, the number of active Tron network addresses has steadily increased since the beginning of this year. Data from CryptoQuant revealed that daily active Tron users averaged over 2 million despite market pressure and uncertainty.
The latest price analysis by Coinidol.com report, the price of TRON (TRX) rose to a high of $0.13 on July 3.
Despite market uncertainties, Tron Network user base has surged, reaching near all-time highs.
Tron Network's active user base has continued to grow, demonstrating resilience amidst market uncertainties. Tron Network Less Perplexed by Broad Market Uncertainties According to Ben Sizelove, an analyst at CryptoQuant, the Tron Network user base has increased since the beginning of this year.
Tron (TRX) has recently emerged as a standout performer, defying broader market trends with its significant gains. As investors and traders assess TRX's potential for sustained growth, it's essential to delve into the key factors shaping its current rally and the dynamics that could influence its future trajectory.
Tron founder Justin Sun proposes to buy Germany's Bitcoin holdings to prevent market disruption caused by recent government sales.
Over the last two weeks, the German government has been constantly selling its Bitcoin holdings which is partly the reason behind the recent Bitcoin selling pressure. The Bitcoin price has tanked 4.5% further slipping all the way to the $57,500 level.
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government.
So far, the blockchain of Tron has demonstrated to excel in the stablecoin sector compared to the major competitors in the market.
TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers public blockchain support of high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem.
TL;DR TRON DAO leads in stablecoin transactions on Orbital with 97.62%, far surpassing Ethereum with only 2.12%. The TRX network stands out in Tether (USDT) transactions, handling more than 50% of the total USDT issuance and 38.6% of all stablecoin transactions in the last 30 days.