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Explosive News! USDT Transfers on Tron Will Be Completely Free Starting Next Week, Challenging Ethereum's Dominance?
Tron founder Justin Sun has shockingly announced that starting next week, the Tron blockchain will implement gas-free USDT transfers! This move could lead a revolution in the crypto space, and Ethereum is expected to follow suit. Justin Sun predicts that this transformation will encourage large enterprises to embrace stablecoins.
Tron plans to extend this benefit to most EVM blockchains, accelerating global payment innovation. Stablecoins have reshaped the landscape of cross-border payments, reducing transaction times to seconds, and have become the core liquidity in the DeFi market.
Tron currently holds the second place in on-chain stablecoin reserves, with USDT reserves reaching 62 billion USD, closely trailing Ethereum's 75 billion USD. The expectation of zero gas fees is likely to ignite USDT trading volume on Tron, potentially helping it surpass Ethereum in the short term and claim the top spot in reserves.
This news may also spark interest in Tron's native token TRX, driving its price from 0.22 USD to 0.44 USD. Additionally, Tron has introduced a new stablecoin, USDD 2.0, with an annual interest rate of 20%. While this may temporarily reduce fee income, it could attract more profits in the long run, solidifying its position in DeFi.
Negative sentiment surrounding Ethereum has left investors anxious, making Tron a new safe haven. Compared to Solana's 11.5 billion USD in liquidity, Tron's 62 billion USD reserves appear stronger, and USDT is scarce on Solana, with most being USDC. Tron is quietly rewriting the crypto landscape!
Tron founder Justin Sun has shockingly announced that starting next week, the Tron blockchain will implement gas-free USDT transfers! This move could lead a revolution in the crypto space, and Ethereum is expected to follow suit. Justin Sun predicts that this transformation will encourage large enterprises to embrace stablecoins.
Tron plans to extend this benefit to most EVM blockchains, accelerating global payment innovation. Stablecoins have reshaped the landscape of cross-border payments, reducing transaction times to seconds, and have become the core liquidity in the DeFi market.
Tron currently holds the second place in on-chain stablecoin reserves, with USDT reserves reaching 62 billion USD, closely trailing Ethereum's 75 billion USD. The expectation of zero gas fees is likely to ignite USDT trading volume on Tron, potentially helping it surpass Ethereum in the short term and claim the top spot in reserves.
This news may also spark interest in Tron's native token TRX, driving its price from 0.22 USD to 0.44 USD. Additionally, Tron has introduced a new stablecoin, USDD 2.0, with an annual interest rate of 20%. While this may temporarily reduce fee income, it could attract more profits in the long run, solidifying its position in DeFi.
Negative sentiment surrounding Ethereum has left investors anxious, making Tron a new safe haven. Compared to Solana's 11.5 billion USD in liquidity, Tron's 62 billion USD reserves appear stronger, and USDT is scarce on Solana, with most being USDC. Tron is quietly rewriting the crypto landscape!
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