Stablecoin

<p>The founder of the Tron blockchain, Justin Sun, has announced that his development team is working on a solution to offer zero-stablecoin transactions.</p> 
<p>Justin Sun shared this latest announcement on X, citing that Tron is now aiming to drastically reduce transaction fees and deliver zero-fee transfers for stablecoins. Often cherished for his bold moves, Sun is one of the youngest crypto entrepreneurs, with his net worth estimated to be $1.4 billion.&nbsp;</p> 
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   <p lang="en" dir="ltr">TRON is happy to announce that our development teams are working on drastically reducing fees to deliver a zero-fee stable coin transactions experience for users. Stay tuned!</p>— H.E. Justin Sun 🍌 (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1882315009386225879?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 23, 2025</a>
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<p>As per DeFillama <a href="https://defillama.com/stablecoins" target="_blank" rel="noreferrer noopener">data</a>, the stablecoin market has now reached $214 billion, with Tron accounting for nearly $60 billion in total share. Tether USDT, which is the largest stablecoin by market cap, has 43.33% of its total supply minted on Tron—the second largest after Ethereum’s 46.9% dominance.&nbsp;</p> 
<p>Tron is also among the lowest-fee blockchain networks, which emerged as a top alternative blockchain platform while transaction fees on Ethereum were skyrocketing. It is currently the largest blockchain in total stablecoin transaction volume.&nbsp;</p> 
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  <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcO7ramvaBSZu-VT7o5mTxfNSdqpfRvnxlu09abthp3e7vt5nzRJ0jdM09acLWrJfr0QIsnTV_IavCO5X2iwMI4JaykliuurfRcYr6B0tHbD997j1z14MIgZAnyBwjOh5IgA6V6ng?key=6TmtPzcshdjx6Wagh6tUd8i_" alt="Stablecoin Transactions by Blockchain" title="Justin Sun Unveils Tron’s Zero-fee Stablecoin Plan 1">
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   <em>Stablecoin Transactions by Blockchain – Source: </em><a href="https://visaonchainanalytics.com/transactions" target="_blank" rel="noopener"><em>Visa Onchain Analytics</em></a>
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<p>Onchain data shows that Tron has been dominating total stablecoin transaction volume since April 2023, processing billions of transfers every day. The introduction of zero-fee stablecoin transfers could significantly boost crypto adoption within the retail payment industry.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Read: <a href="https://www.cryptotimes.io/2025/01/22/tron-security-flaw-puts-over-14500-wallets-at-risk-of-hijacking/" target="_blank" rel="noreferrer noopener">Tron Security Flaw Puts Over 14,500 Wallets at Risk of Hijacking</a></p> 
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Justin Sun Unveils Tron’s Zero-fee Stablecoin Plan

The Crypto Times

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