Tron (TRX) introduces gas-free transactions for Tether as Mutuum Finance (MUTM) emerges in DeFi lending
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Tron (TRX) is making headlines with its new gas-free transaction feature for Tether (USDT), aiming to lower fees and improve stablecoin transfers.
It is anticipated that this update will remove the need for TRX to pay transaction fees, making Tron more accessible for users who transfer USDT on a regular basis.
In the meantime, Mutuum Finance (MUTM), a decentralized platform that allows users to lend and borrow without middlemen, is becoming more and more popular in the DeFi lending market.
Investors are examining it as a potential competitor in the DeFi market since its presale raised $1.5 million and it currently has about 3,000 holders.
Tron (TRX)
Tron (TRX) is making a major move by introducing fee-free transactions for Tether (USDT), a change that could make stablecoin transfers more accessible and cost-effective.
Tron founder Justin Sun announced that the “Gas-Free” feature will go live within the next week, allowing USDT users to send transactions without needing TRX for gas fees.
This update is expected to ease the burden on users, especially after Tron’s transaction fees surged in late 2024, making it one of the most expensive networks for stablecoin transfers.
This shift comes after Tron, once known for its low-cost transactions, saw USDT gas fees spike above $9 per transfer.
As prices increased, a lot of users looked for other options, which led to complaints that Tron was no longer the best way to move stablecoins.
Tron hopes to restore its standing as a leading option for stablecoin transactions and draw more users back to the network by eliminating the requirement for TRX in USDT transfers.
While the gas-free feature is a step forward, the success of this change will depend 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 (MUTM) new lending protocol
Mutuum Finance (MUTM) is quickly making a name for itself in decentralized finance, offering 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.
With its presale raising $1.5 million and close to 3,000 holders already on board, the project is gaining serious attention from investors looking for long-term growth.
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.
In contrast, borrowers can access funds by supplying collateral that exceeds the amount borrowed, guaranteeing the stability and overcollateralization of the system.
A customer may, for instance, deposit $5,000 in Ethereum and borrow $3,000 in stablecoins, keeping their Ethereum while having access to liquidity.
Mutuum Finance also introduces mtTokens, which act as tokenized representations of deposits.
When a user lends USDT, they receive mtUSDT in return, which automatically accrues value over time as interest accumulates.
This allows lenders to passively grow their assets without actively trading.
For instance, an investor who supplies $1,000 worth of USDT into the protocol could see their holdings grow to $1,200 or more over time, depending on borrowing activity and interest rates.
In addition to its lending protocol, the Mutuum Finance team is developing an overcollateralized stablecoin, which will be backed by on-chain assets within the platform.
This stablecoin will allow borrowers to access liquidity while maintaining a fully transparent and decentralized backing system.
With a structured lending model, passive income opportunities, and plans for an overcollateralized stablecoin, Mutuum Finance is shaping up to be a top contender in the DeFi space.
As more investors recognize its potential, the project continues to gain momentum, making it an attractive alternative to traditional financial systems.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
The post Tron (TRX) introduces gas-free transactions for Tether as Mutuum Finance (MUTM) emerges in DeFi lending appeared first on Invezz
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