Those TRC-20 USDT fees aren’t cheap these days. Users are coughing up between $3.20 and $6.50 per transaction. They even shot up to over $9 in late 2024. Ka-ching! Tron raked in a whopping $2.15 billion in fees last year, averaging $5.89 million daily. Only Ethereum beats them in the fee-collecting game.
Talk about a role reversal. Ethereum’s USDT fees now sit around $0.40, while BNB chain charges less than $0.02. Tron used to be the budget-friendly option for stablecoin transfers. Not anymore. Polygon currently holds the title for cheapest USDT network. The market depth analysis shows increasingly efficient trading on these alternative networks.
The mechanics behind Tron’s fees are complicated. The system uses “energy” and “bandwidth” resources, charging up to 27.25 TRX for sending to an empty USDT wallet. Some users turn to TronCastle bots or Stake2.0 to cut costs. It’s a mess.
This gas-free feature is a game-changer for millions. New users won’t face that initial hurdle of buying TRX just to move their USDT. The new feature will allow for USDT gas payments without requiring TRX. Smart move by Tron to regain its edge.
Sun isn’t stopping with Tron either. The gas-free solution will expand to Ethereum and other EVM-compatible chains. The Q4 2024 rollout just got fast-tracked.
Tron remains the second-largest stablecoin network behind Ethereum, adding $824 million in stablecoin holdings just last month. With partnerships like World Liberty Financial and that $75 million TRON DAO investment in WLFI, they’re clearly positioning for growth. No fees might just be the rocket fuel they need.