Stablecoins on TRON without fees

[hugeblack]

To be honest, I think Justin Sun has started a lot of things, but he hasn't finished any of them yet.

I completely agree with this text, but we cannot consider Tron a failed project, at least with the presence of USDT, we cannot consider it a failed project.
According to tether, the majority of USDT is traded via Tron at $60,012,131,922^[1], which is not a small number.





[1] https://tether.to/en/transparency/?tab=usdt

[Freemind]

I completely agree with this text, but we cannot consider Tron a failed project, at least with the presence of USDT, we cannot consider it a failed project.
According to tether, the majority of USDT is traded via Tron at $60,012,131,922^[1], which is not a small number.





[1] https://tether.to/en/transparency/?tab=usdt

I know that Tron is still alive thanks to USDT, and I know that Tron is not a failed project, what I said in my previous posts is that Tron does not advance, it does not improve in its development, and it is sad that it is so, since it has very good qualities. Although all these problems have a solution, it seems that Justin Sun doesn't care.

[bee]

To be honest, I think Justin Sun has started a lot of things, but he hasn't finished any of them yet.

I completely agree with this text, but we cannot consider Tron a failed project, at least with the presence of USDT, we cannot consider it a failed project.

So this USDT is its last "lifeblood", and by developing this zero fee it hopes that more supply of other stablecoins will concentrate on the tron ​​network? Can it be said that tron ​​has big ambitions to become the main chain facility of stablecoins?

[Freemind]

So this USDT is its last "lifeblood", and by developing this zero fee it hopes that more supply of other stablecoins will concentrate on the tron ​​network? Can it be said that tron ​​has big ambitions to become the main chain facility of stablecoins?

I don't know what Justin Sun is up to, maybe he doesn't even know, but it doesn't seem strange to me that he wants to concentrate the largest possible movement of stable coins within the Tron chain. Like I said, that's what keeps the Tron chain alive for the most part. If the developers added new functions and possibilities it would be very positive to see Tron enjoy a second life, but after everything seen it seems like something very difficult to achieve, so we will see what the future holds.

[|MINER|]

Justin Sun just announced that he will remove all fees from Stablecoins

If this is true it will be great.  Please use the source link for any updates you post

Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.

What do you guys think about it? Are you facing the same issue on TRON?

TRON chain used to charge very low fees for transactions be it TRX or other coins developed on tron chain but now it has become very crazy. Now many people are leaving TRON chain due to high fee for token transfer in TRON chain.  However, if the issue of high fees for stable coins from TRON chain is resolved or free transfer of stable coins is allowed, then it will have a good effect for TRON chain.

[Cech1337]

Justin Sun just announced that he will remove all fees from Stablecoins.

Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.

What do you guys think about it? Are you facing the same issue on TRON?

Justin Sun’s announcement about removing fees from stablecoin transactions on TRON is indeed a significant development and could be a game-changer for many users.

Here’s what this could mean:

Reduced Transaction Costs: Eliminating fees for stablecoin transfers could make transactions much more cost-effective. For someone like you who recently paid $8 on a $50 transfer, this change could result in substantial savings.

Increased Adoption: Lower fees can encourage more users to adopt and use TRON-based stablecoins, potentially increasing overall transaction volume and user engagement on the TRON network.

Competitive Advantage: By removing fees, TRON might attract users from other networks, especially those who are frustrated with high transaction costs. This move could enhance TRON’s position in the competitive stablecoin and blockchain space.

Your Experience:

Transaction Fees: Paying $8 for a $50 transfer is quite steep, and it's understandable that you’re looking forward to the fee removal. This change should alleviate such issues and make using TRON-based stablecoins more appealing.

Community Impact: Many users face similar issues with high transaction fees, especially for smaller transfers. This update could address a common pain point and improve user satisfaction.

What do you think? Will this fee removal make you more inclined to use TRON-based stablecoins, or do you have any concerns about how this might impact the network or its ecosystem?

[Vision pro]

Justin Sun just announced that he will remove all fees from Stablecoins

If this is true it will be great.  Please use the source link for any updates you post

Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.

What do you guys think about it? Are you facing the same issue on TRON?

TRON chain used to charge very low fees for transactions be it TRX or other coins developed on tron chain but now it has become very crazy. Now many people are leaving TRON chain due to high fee for token transfer in TRON chain.  However, if the issue of high fees for stable coins from TRON chain is resolved or free transfer of stable coins is allowed, then it will have a good effect for TRON chain.

The TRON chain was initially quite popular for its low fees and fast transactions.  It was especially widely used for the transfer of stablecoins such as USDT.  However, due to the recent increase in fees, many users are migrating to other chains. If the issue of high fees from the TRON chain is resolved, especially for stablecoins, it will become more attractive to users and may help restore the acceptance of the chain.  In particular, facilitating transactions with free or low fees will help the TRON chain stay competitive.  Since fees are an important factor, fixing this can increase user confidence and increase the use of the TRON chain.

[erus]

I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.

After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.

Adding context and external information is always better for the conversation and brings different points of view.

Tron develops gas-free stablecoin for Ethereum and Tron chains

Justin Sun Announces Gas-Free Stablecoin Transfers on TRON

Justin Sun New Solution: No Gas Fees for Stablecoin Transfers

PS: I can't believe the Tron developers are doing something.

As far as I know, transaction fees are used for miners as rewards or as utility from the parent coin (TRON). If USDT from TRON is not charged for each transaction, then what is the use of this TRON coin for? What is the utility of this TRON coin?
It seems that the Founder of TRON is too pushy if I have to look at it from the perspective that OP has written.

[target]

I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.

After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.

Adding context and external information is always better for the conversation and brings different points of view.

Tron develops gas-free stablecoin for Ethereum and Tron chains

Justin Sun Announces Gas-Free Stablecoin Transfers on TRON

Justin Sun New Solution: No Gas Fees for Stablecoin Transfers

PS: I can't believe the Tron developers are doing something.

As far as I know, transaction fees are used for miners as rewards or as utility from the parent coin (TRON). If USDT from TRON is not charged for each transaction, then what is the use of this TRON coin for? What is the utility of this TRON coin?
It seems that the Founder of TRON is too pushy if I have to look at it from the perspective that OP has written.

Justin just wants to rival BNB for having the lowest transaction fee in sending stablecoin almost free but they couldn't make it free for they need to incentivize stakers.

If its possible to make it free, I think I will make TRON my fave network. The chain although among the top 10 on the rank, the government doesn't seem to care about TRON.

[B.Trader]

Justin Sun just announced that he will remove all fees from Stablecoins.

Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.

What do you guys think about it? Are you facing the same issue on TRON?

High transaction fees can be a major deterrent, particularly for smaller transactions, so this update could make TRON more competitive compared to other networks with lower fees, like Binance Smart Chain BSCor Solana.Your experience of paying $8 for a $50 transfer on TRC-20 is quite steep, considering that TRON was initially popular for its low fees. If Justin Sun follows through with this update, it could enhance TRON's appeal for stablecoin transactions, especially in cross-border payments or remittances where cost efficiency is key.

[erus]

I think Justin Sun is back on the attack with some of his crazy ideas, maybe without thinking about the possible consequences, but that's something that time will tell. I think a reduction would have been better rather than eliminating the fees completely.

After seeing your posts, I recommend that you improve the quality of your posts to avoid possible sanctions in the future.

Adding context and external information is always better for the conversation and brings different points of view.

Tron develops gas-free stablecoin for Ethereum and Tron chains

Justin Sun Announces Gas-Free Stablecoin Transfers on TRON

Justin Sun New Solution: No Gas Fees for Stablecoin Transfers

PS: I can't believe the Tron developers are doing something.

As far as I know, transaction fees are used for miners as rewards or as utility from the parent coin (TRON). If USDT from TRON is not charged for each transaction, then what is the use of this TRON coin for? What is the utility of this TRON coin?
It seems that the Founder of TRON is too pushy if I have to look at it from the perspective that OP has written.

Justin just wants to rival BNB for having the lowest transaction fee in sending stablecoin almost free but they couldn't make it free for they need to incentivize stakers.

I also think so because the cheap transaction fee that I see right now is USDT from the BSC blockchain (Binance Smart Chain). The transaction speed is also quite fast and I noticed that USDT from BSC is widely circulated in various CeX markets.

If its possible to make it free, I think I will make TRON my fave network. The chain although among the top 10 on the rank, the government doesn't seem to care about TRON.

What does it mean that the government will not care about what the TRON coin is like? Is there any indication that TRON has anything to do with cooperation with the government?

[Freemind]

Justin just wants to rival BNB for having the lowest transaction fee in sending stablecoin almost free but they couldn't make it free for they need to incentivize stakers.

If its possible to make it free, I think I will make TRON my fave network. The chain although among the top 10 on the rank, the government doesn't seem to care about TRON.

I'll be honest with you, I don't know what's going on in Justin Sun's head, he may not know it himself. But if Sun wants to compete with BSC I don't think it is necessary to make free transactions, they are currently very cheap and Tron could stand out in other aspects to compete, something it could do for years.

I have always liked Tron, it is something that you can read in my posts, but I am disappointed that the developers do not get the most out of a blockchain that could be at the top.

As for what you say about the government not caring about Tron, it all depends on the interaction and the importance they want to give it, today it may not be like that, but tomorrow who knows...

~snip~
I also think so because the cheap transaction fee that I see right now is USDT from the BSC blockchain (Binance Smart Chain). The transaction speed is also quite fast and I noticed that USDT from BSC is widely circulated in various CeX markets.

The balance between transaction speed and price has always been one of the strong points of the BSC.

[erus]

~snip~

~snip~
I also think so because the cheap transaction fee that I see right now is USDT from the BSC blockchain (Binance Smart Chain). The transaction speed is also quite fast and I noticed that USDT from BSC is widely circulated in various CeX markets.

The balance between transaction speed and price has always been one of the strong points of the BSC.

We can also describe it easily and simply with mathematical calculations like this:
-Carlos has 1 million USDT in the BSC blockchain, Carlos sends 1 million USDT to Marco with a blockchain fee of 0.1 USDT (in BSC form).
-Carlos has 1 million USD in a Bank account, Carlos sends 1 USD to Marco's account with a Bank fee of around 20 Dollars or more.

In numbers, the cost of sending USD using a Bank is greater than sending USDT using the BSC blockchain.

[dkbit98]

Website Gasfeesnow recently updated and added TUSDT on Tron blockchain, now they only have to add Liquid Network that has the cheapest fees from all other blockchains.
Fees on Tron blockchain remains most expensive from all, but it can also be expensive on ethereum blockchain sometimes, when there are many transactions.
I have to say that I don't trust Ton on Solana chain, they both had down time multiple times with many hours of not working, and other chains like BSC are totally centralized.
https://gasfeesnow.com/

[kulkhan]

Justin Sun just announced that he will remove all fees from Stablecoins.

Last week I just transfered 50$ USDT on TRC-20 and paid 8$ for the transaction, I am looking forward to that update.

What do you guys think about it? Are you facing the same issue on TRON?

No i am not facing like that. I think Stable coin on tron network i mean trc-20 network fees are vary low from others Network. Like if i want to transfer usdt on others network like erc-20 or other network then i saw fees are very high.

But i also want to zero or minimum fee for tron network. If tron network capable to do this i think then tron network will be more popular, there has no doubt.