Renowned decentralized blockchain, TRON, has announced that it will feature commission-free transactions for Tether’s USDT stablecoin on its blockchain.
According to Justin Sun, Tron founder and CEO, the blockchain will allow USDT transactions without gas fees.
Speaking on his X account, Sun assured Tron users of the blockchain’s willingness to enable smooth and more affordable transactions.
Sun also invited wallets and teams that are willing to lend their support to the feature to contact JustLend. JustLend is the decentralized autonomous organization and lending platform of the TRON blockchain.
There was a time when Tron (TRC-20) was considered the most affordable blockchain for USDT transactions. It was considered cheaper compared to its counterpart, the ERC-20 USDT on the Ethereum blockchain. However, since early this year, Tron has become one of the most expensive options for USDT transactions and payments.
Tron One of the Most Expensive Blockchains For Stablecoins
Data from Tether’s GasFeesNow page reveals TRC-20 gas fees being one of the most expensive among blockchains that support stablecoins. Currently, gas fees on Tron are between $3.50 and $6, which are staggering figures compared to Ethereum’s $0.40 per transaction. The page notes that gas fees on the blockchain are complex, needing “energy” and “bandwidth.”
Data from Tether indicates that the surge in TRC-20 gas fees started late in 2024 and reached above $9 per transaction in December. Following the increase, users complained that Tron was no longer a cheap option for USDT transfers.
Interestingly, the blockchain has been developing gas-free transaction features since mid-July 2024. At the time, Justin Sun revealed that there were plans in motion to enable gas-free stablecoin transfers, with the fees are expected to be covered by the stablecoin itself. According to the founder, the rollout of the gas-free transaction feature would “greatly facilitate” large companies in launching stablecoin services on the blockchain and would take adoption to a new level.
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