Tron Aims for Zero-Fee Stablecoin Transactions
- Tron founder Justin Sun plans to eliminate fees in stablecoin transactions.
- A framework is being developed to enable zero-cost transactions on Tron’s network.
- Initial launch will be on Tron, with future expansion to Ethereum and EVM-compatible chains.
- Tron controls about 36% of the stablecoin market share, second to Ethereum.
- Tether’s USDT represents 98% of Tron’s $60 billion stablecoin supply.
- TRON DAO invested $75 million in a project linked to US crypto adoption efforts.
Justin Sun’s initiative aims to make stablecoin transfers cost-effective by having the coins absorb transaction costs. Initially launching on Tron, it may expand to other blockchain networks. TRON DAO’s significant investment underscores its commitment to driving crypto adoption.
Source (2.6.1)https://cryptoslate.com/justin-suns-tron-eyes-wider-market-influence-with-zero-fee-stablecoin-framework/?rand=24433
