Justin Sun, the founder of Tron, has laid out ambitious plans for revolutionizing stablecoins by eliminating transaction fees.
According to a Jan. 23 statement on X, Tron’s development team is creating a framework that would enable zero-cost transactions for stablecoins, aiming to boost the adoption of these assets.
Sun announced similar plans back in 2024, when he suggested launching a stablecoin without gas. The Tron founder said that this initiative aims to reduce transaction fees and make the transfer of stablecoins seamless.
While the solution will initially launch on Tron’s network, Sun revealed plans to expand its availability to Ethereum and other Ethereum Virtual Machine (EVM)-compatible chains.
This latest attempt is to make good on the fee-free promise.
Tron’s stablecoin ecosystem
Tron is a blockchain that has become a leader for transactions involving stablecoins.
Only Ethereum has a larger market share than the blockchain network, with 36%. Tether’s USDT dominates within Tron’s ecosystem, representing 98% of its roughly $60 billion stablecoin supply.
Coingecko’s data shows that this dominance resulted in a revenue of 2,15 billion dollars for the Blockchain network.
Additional data from Messari showed that USDT’s average daily transfer volume on TRON grew by 28.18% to $18.43 billion during the fourth quarter of last year.
However, Tron’s DeFi activity presented mixed results. The total value locked (TVL), however, decreased by 6.2%. However, the daily trading volume on DEXs increased by 135%. This was due to the SUN V3 Protocol, which is responsible for 79% of all activity.
Sun expressed confidence in further growth for 2025, citing Tron’s partnership with World Liberty Financial, which is linked to US President Donald Trump.
TRON DAO invested $75 million in this project that aims to promote crypto adoption within the US. Meanwhile, the initiative has also acquired significant holdings of TRON’s native TRX token, signaling their symbiotic relationship.
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