Justin Sun Says USDT Stablecoin Will Operate Without Transaction Fees on the Tron Blockchain Starting Next Week

The move accelerates the previously planned Q4 2024 rollout of a “gas-free” stablecoin transfer solution, where the stablecoin itself covers transaction fees

Justin Sun, the founder of the Tron blockchain, announced on Tuesday that the USDT stablecoin will incur no transaction fees on the Tron blockchain starting next week.

“Tron’s Gas Free feature supporting USDT gas payments without the need for TRX will launch within the next week. Teams and wallets wishing to support this feature,” Sun wrote on X. “Keep Building!”

The move accelerates the previously planned Q4 2024 rollout of a “gas-free” stablecoin transfer solution, where the stablecoin itself covers transaction fees instead of requiring gas tokens.

The feature will later expand to Ethereum and other Ethereum Virtual Machine (EVM) compatible blockchains, according to Sun.

Tron is a major player in the stablecoin market, second only to Ethereum. In February, Tron experienced significant stablecoin inflows, adding around $824 million in USDT and USDC holdings. The blockchain network generated over $2 billion in revenue last year, according to CoinGecko data.

Sun has previously stated that eliminating gas fees would make it easier for large companies to use stablecoins on the blockchain. Last month, he announced that Tron's development teams were ramping up efforts to drastically reduce fees.

“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!,” Sun wrote on Twitter on Jan. 23.

Sun recently joined World Liberty Financial (WLFI), a DeFi project backed by the President's family, as an advisor. Tron DAO has also reportedly invested around $75 million in WLFI.

The partnership is expected to bolster Tron's presence in the US market and contribute to its growth prospects for 2025.