"Tron Unveils Gas-Free USDT Transfers, Mutuum Finance Raises $1.5M in DeFi Push"

Generated by AI AgentCoin World
Thursday, Feb 27, 2025 4:14 pm ET1min read
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Tron (TRX) has introduced a new feature that enables gas-free transactions for Tether (USDT), aiming to reduce fees and enhance stablecoin transfers. This update is expected to eliminate the need for TRX to pay transaction fees, making TronTRON-- more accessible for users who regularly transfer USDT.

In parallel, Mutuum Finance (MUTM), a decentralized platform for lending and borrowing without intermediaries, is gaining traction in the DeFi lending market. With a presale that raised $1.5 million and approximately 3,000 holders, investors are eyeing MUTM as a potential competitor in the DeFi space.

Tron founder Justin SunSUN-- announced the "Gas-Free" feature for USDT transactions, which will go live within the next week. This update allows users to send transactions without needing TRX for gas fees, easing the burden on users who have faced high fees in the past.

Tron's transaction fees surged in late 2024, making it one of the most expensive networks for stablecoin transfers. As prices increased, users sought alternative options, leading to complaints that Tron was no longer the best way to move stablecoins. The gas-free feature is a step forward in restoring Tron's standing as a leading option for stablecoin transactions and drawing more users back to the network.

The success of this change depends on adoption by wallets and platforms supporting TRC-20 USDT. Sun has invited developers to integrate the feature, but it remains to be seen how quickly it will be implemented across the ecosystem. If widely adopted, this update could strengthen Tron's role in stablecoin transactions and set a new standard for cost-efficient blockchain transfers.

Mutuum Finance offers a lending and borrowing platform that removes intermediaries and provides real financial utility. Unlike many tokens that rely on speculation, MUTM is built on a sustainable model where users can earn passive income by lending assets while borrowers access liquidity without selling their holdings.

At the core of Mutuum Finance is its lending mechanism, which allows users to supply assets into liquidity pools and earn interest based on borrowing demand. The more borrowers tap into these pools, the greater the returns for lenders. Borrowers can access funds by supplying collateral that exceeds the amount borrowed, guaranteeing the stability and overcollateralization of the system.

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