Ah, dear audience! Gather ’round as I regale you with the tale of Tether’s USDT, soon to prance about the Tron blockchain without the burden of commissions! Our illustrious founder, the ever-optimistic Justin Sun, has proclaimed this wondrous news! 🎉
“Lo and behold! The Gas Free feature, which shall allow USDT gas payments sans the need for TRX, is set to debut within the week!” he declared in a post on the grand stage of X, on this fine day of February 25. What a spectacle! 🎭
Our dear Justin has extended an invitation to all teams and wallets wishing to partake in this gas-free jubilation for Tether USDt (USDT) to reach out to the noble decentralized autonomous organization (DAO) known as JustLend, the official lending platform of Tron. How generous! 🤔
Once upon a time, Tron was hailed as the most economical blockchain for USDT transactions, a veritable treasure trove compared to the ERC-20 USDT on Ethereum. Alas! In recent moons, it has transformed into a veritable gold mine for USDT transfers, with fees that could make a miser weep! 💰
Tron: The New King of Expensive Networks for USDC? 👑
According to the wise sages at Tether’s GasFeesNow page, the TRC-20 USDt gas fees have become the most extravagant among all supported blockchains, currently estimated to be between $3.20 and $6.50. Meanwhile, the ERC-20 USDt fees are a mere pittance at about $0.40. What a disparity! 😲
“Estimating gas fees on the Tron network is akin to predicting the weather in a tempest,” the page quips, noting that TRC-20 USDT transfers require wallets to possess “energy” and “bandwidth.” A curious requirement, indeed! ⚡
“If you are but a humble user who sends USDT once or twice a month, your wallet may very well be devoid of energy,” warns Tether’s GasFeesNow page, offering sage advice on how to trim those pesky fees. 🧐
Tron’s Quest for a Gas-Free Solution: A Journey Since Mid-2024 🚀
As the tale unfolds, we learn that TRC-20 USDt gas fees soared to dizzying heights in late 2024, peaking above $9 per transaction on the fateful day of December 9. Oh, the horror! Users lamented that Tron had lost its crown as the cheapest option for stablecoin transfers. 😱
“USDT on Tron was once the fairest of them all, but alas, they have fallen behind!” lamented a commentator on X in mid-December. Such is the fickle nature of fortune! 😅
The noble Tron Foundation has been toiling away at developing gas-free TRC-20 transaction tools since at least July 2024, with our dear Sun previously promising to unveil these features by the fourth quarter of 2024. Will they deliver? Only time will tell! ⏳
“I am convinced that such services will greatly aid large enterprises in deploying stablecoin services upon the blockchain, ushering in a new era of mass adoption!” Sun proclaimed with grandiosity. How delightful! 🎊
Alas, CryptoMoon sought the wisdom of JustLend regarding the forthcoming Tron Gas Free feature, yet alas, no response was received by the time of publication. A mystery for the ages! 🕵️♂️
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2025-02-25 16:34