The Tron team is working on a solution for free P2P transfers in stablecoins, the project’s founder Justin Sun said.
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.
— HE Justin Sun 孙宇晨 (@justinsuntron) July 6, 2024
He expects the mechanism to be implemented in Q4, followed by Ethereum and other EVM-compatible networks.
According to analytics company Artemis, Tron leads in stablecoin activity, surpassing BSC in the number of active wallets and Ethereum in coin turnover.
2️⃣ Stablecoins
Part of TRON’s success is stablecoin activity
TRON has seen consistent growth in all stablecoin metrics and recently hit an all-time high in circulating supply at $60bn.
Addresses using stablecoins on TRON are ~ATH and above BSC, the second highest chain. pic.twitter.com/Rvgskwx4tj
— Artemis (@artemis__xyz) June 27, 2024
According to DeFi Llamathe amount of value locked in Tron is $7.15 billion. Of the total, $58 million is in stablecoins.
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Source: Cryptocurrency
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