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<a href="https://bitcoinworld.co.in/tron-is-building-a-gas-free-stablecoin-solution-for-tron-ethereum-chains/" title="Tron Is Building A Gas-Free Stablecoin Solution For Tron, Ethereum Chains" rel="nofollow"></a>
Tron founder Justin Sun has revealed his team is building a gas-free stablecoin solution to make peer-to-peer transfers free for all. 
Tron’s founder Jusin Sun believes gasless stablecoins could take corporate adoption of blockchain to a new level. 
Sun hopes to integrate the stablecoin solution on the <a href="https://bitcoinworld.co.in/bitcoin-lightning-exchange-fixedfloat-sees-suspicious-transactions-of-3m-to-ethereum-tron/">Tron</a> blockchain this fourth quarter, followed by Ethereum and other Ethereum Virtual Machine-compatible public chains soon after. 
“Transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves,” Sun explained in a July 6 X <a href="https://x.com/justinsuntron/status/1809579898136326509">post</a>. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 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. 
 — H.E. Justin Sun 孙宇晨 (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1809579898136326509?ref_src=twsrc%5Etfw">July 6, 2024</a>
</blockquote> 
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However, he didn’t explain how the mechanism would work. 
Sun believes this gas-free stablecoins could be a game-changer for companies looking to offer stablecoin services. 
“I believe that similar services will greatly facilitate large companies in deploying stablecoin services on the blockchain, elevating blockchain mass adoption to a new level.” 
Tron currently leads the peer-to-peer stablecoin transfer market and is consistently processing two to three times the volume of second-placed Ethereum, blockchain analytics firm Artemis <a href="https://x.com/artemis__xyz/status/1806357219971309944">highlighted</a> in a June 27 X post. 
Tron is home to more than $50 billion of Tether’s $112 billion in value issued across multiple blockchains, DeFiLlama <a href="https://defillama.com/stablecoins/Tron">data</a> shows. 
Tron’s solution could compete with PayPal’s PYUSD, which allows certain United States-based users to make cross-border payments for free. 
Circle’s USD Coin (USDC) on Ethereum layer 2 Base via Coinbase Wallet also allows free transfers. 
Circle and cryptocurrency exchange Binance recently removed support for USDC on Tron, perhaps providing Tron with an incentive to build a solution of their own. 
Tron is also considering building a Bitcoin layer 2 solution that would support a “wrapped” version of Tether — potentially enabling billions of dollars to flow into the Bitcoin ecosystem. 
For the time being, Tron is leveraging existing cross-chain protocols to bridge USDT and other tokens between Bitcoin and Tron.

Tron Is Building A Gas-Free Stablecoin Solution For Tron, Ethereum Chains

ItsBitcoinWorld

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