Tron (TRX) Founder Justin Sun Unveils Groundbreaking New Project
Justin Sun, renowned for his impactful maneuvers in the cryptocurrency arena, has revealed an ambitious new initiative. The Tron (TRX) founder announced plans for a pioneering system enabling users to transfer stablecoins devoid of any gas fees.
Sun emphasized that transactions using this system will have their gas fees fully subsidized by the stablecoins themselves. This innovation marks a significant departure from the current practice where users must expend gas tokens for each transaction.
The stablecoin, slated for launch on the Tron blockchain in the fourth quarter, aims to subsequently expand compatibility to include Ethereum (ETH) and Ethereum Virtual Machine (EVM) compatible blockchains.
“Our team is developing a solution that will facilitate gas-free transfers of stablecoins. This means transactions can occur without the need for gas tokens, as all associated fees will be covered by the stablecoins themselves,” said Sun.
Sun anticipates the service’s launch later this year, asserting its potential to streamline the deployment of stablecoin services for major corporations and drive broader adoption of blockchain technology.
“This innovation will debut on the Tron blockchain before extending support to all Ethereum and EVM-compatible public chains,” added Sun.
The announcement, made via Sun’s official Twitter handle, highlighted the project’s potential impact without providing investment advice.
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Translations: Türkçe (Turkish)
