Justin Sun Announces TRON’s Plan to Eliminate Stablecoin Transfer Fees
- TRON plans to eliminate stablecoin transfer fees, enhancing affordability for USDT and USDC users.
- TRON earned $2.15 billion in fees in 2024, closely trailing Ethereum’s $2.48 billion revenue.
- TRX hit $0.450 in December 2024 before losing 45% of its value in early 2025 market volatility.
Justin Sun, TRON’s founder, shares news about his team’s efforts to upgrade user experiences across the TRON blockchain network. On X, Sun confirmed that TRON developers work hard to lower fees when sending stablecoins through the network. He added that as TRON advances beyond other blockchain platforms, users will be able to enjoy feeless transactions.
TRON runs popular stablecoins such as USDT, USDC, and TUSD. In addition, TRON DAO Reserve holds USDD and USDJ as its stablecoin assets. These assets have been popular for having lower transaction fees than other blockchains, such as Ethereum. TRON aims to achieve zero fees to become the top choice for fast and affordable stablecoin transactions.
Blockchain companies now focus more on making financial transactions easy and low-cost for everyone. Making TRON fees zero would boost the usage of its stablecoins, making international payments and other banking functions easier.
TRON Competes Closely with Ethereum in Fee Revenue
Justin Sun revealed TRON’s market position by displaying its competitive fee revenue performance in the blockchain industry. According to CoinGecko data from 2024, Ethereum earned the most in blockchain transaction fees totaling $2.48 billion. TRON achieved $2.15 billion in service charges, second to Ethereum’s $2.48 billion but still ahead of Bitcoin’s $922.89 million.
These numbers prove that TRON works well for its users and has strong technological support. Users choose TRON to transfer USDT and USDC stablecoins because TRON provides lower transfer charges than Ethereum.
Sun’s elimination of fees will help TRON compete with Ethereum and draw more users to its platform. The initiative supports industry efforts to develop blockchain networks that are less expensive and can handle more transactions.
TRX Price Movement and Market Performance
TRON’s native cryptocurrency, TRX, went through significant appreciation during 2023 and 2024, with the token hitting an ATH of $0.450 in December of 2024. However, the value of the cryptocurrency has reduced by 45% in early 2025 which is a common trend in the cryptocurrency market.
Although the technical indicators point to short term bearishness, daily chart break out signals may be in preparation for a bounce. Catalyst has been seen at the $0.334 level, which, if breached may lead to the resumption of the price increase.