TRON project will release a solution for cryptocurrency transfers without commissions

07.07.2024

The TRON project team is developing a solution that will allow for fee-free transfers of stable assets. The founder of TRON stated that transfers will occur without paying for gas, and all commissions will be covered by stablecoins. Justin Sun believes that this service will help take corporate adoption of blockchain to the next level. The HTX advisor did not provide details on how the mechanism works but said that commission-free transactions with cryptocurrencies will first be available on the TRON blockchain. The feature will then be available on Ethereum and other networks. The expected launch date of the service is the fourth quarter of 2024. Artemis experts said that TRON is the leader in the peer-to-peer payments market, as the network processes twice as many transactions as Ethereum. According to DeFiLlama, the total capitalization of digital assets in the TRON network is $58 billion, of which USDT accounts for more than 98%. According to analysts, the new solution will allow TRON to compete with PayPal, which offers a similar service with its coin, PYUSD.