Gas-free stablecoins, according to Tron founder Justin Sun, have the potential to significantly increase corporate blockchain usage.

The creator of Tron, Justin Sun, has disclosed that his group is developing a gasless stablecoin to enable peer-to-peer transfers at no cost to anybody.

This fourth quarter, Sun intends to integrate the stablecoin solution on the Tron blockchain. Ethereum and other public chains compatible with the Ethereum Virtual Machine will likely follow shortly after.

In a July 6 X post, Sun said, “Transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves.”

He did not, however, elaborate on the mechanism’s operation.

For businesses wishing to provide stablecoin services, Sun thinks these gas-free stablecoins might be a game-changer.

“I think similar services will make it much easier for big businesses to implement stablecoin services on the blockchain, which will increase the mass adoption of blockchain technology to a new level.”

According to a June 27 X post by blockchain analytics company Artemis, Tron is presently leading the peer-to-peer stablecoin transfer market and routinely processes two to three times the amount of Ethereum, which is in second place.

Tron’s offering may face competition from PayPal’s PYUSD, which enables select US users to send money internationally for free. Free transfers are also possible using Circle’s USD Coin USDC $1.00 on Ethereum layer 2 Base through Coinbase Wallet.

Recently, Tron’s support for USDC was discontinued by Circle and cryptocurrency exchange Binance, which may have given Tron more motivation to develop their solution.

In addition, Tron is thinking about developing a layer-2 solution for Bitcoin that would facilitate a Tether that is “wrapped,” which might allow billions of dollars to enter the Bitcoin ecosystem.

Tron is now using established cross-chain protocols to connect other tokens, such as USDT, with Bitcoin.