Tron founder Justin Sun announced plans on X to develop a stablecoin that users can transfer back and forth without paying gas fees. Instead, the gas fees will be "...entirely covered by the stablecoins themselves," according to Sun. 

According to Sun's post, the stablecoin will first launch on the Tron blockchain before eventually expanding to Ethereum and all blockchains compatible with the Ethereum Virtual Machine (EVM). 

"We anticipate launching this service in Q4 of this year. I believe that similar services will greatly facilitate large companies in deploying stablecoin services on the blockchain, elevating blockchain mass adoption to a new level," Sun's X post reads. 

Sun did not share any additional technical details on how the gasless transfers will be …