NOWPayments waives USDT (TRC20) network fees for new users — 2‑month promotion
NOWPayments is offering new merchants zero USDT (TRC20) network fees for the first two months after registration to encourage onboarding from iGaming, eCommerce, trading, SaaS and other tech teams. To qualify, merchants must register and enable the platform’s Custody feature in the dashboard; Custody also unlocks Mass Payouts, permanent deposit addresses, and off‑chain conversions. The gateway supports about 350 cryptocurrencies (including 20+ stablecoins) across networks such as Tron, Ethereum, BSC, Solana and Polygon, with average finality often under a minute depending on network. Gateway fees remain 0.5% for single‑currency payments and 1% when conversion is required; some services (mass payouts, certain deposits) advertise 0% fees. NOWPayments advertises average settlement times of minutes and fiat off‑ramps. The promotion is explicitly limited to USDT on TRC20 and to new users for two months. This move highlights lower onboarding costs for merchants accepting stablecoins and may increase short‑term TRX/USDT settlement volume on Tron while demonstrating NOWPayments’ push to streamline low‑cost stablecoin payments. Disclaimer: not financial advice; terms and availability vary by jurisdiction.
Neutral
The promotion reduces transaction costs for merchants accepting USDT (TRC20) and could raise short‑term on‑chain USDT volume on Tron as new users test the platform. That said, the change is a fee waiver for a limited time (two months) and applies only to USDT on TRC20, so it is unlikely to materially affect long‑term price demand for USDT or TRX. For traders: expect modest, short‑lived increases in TRC20 USDT activity and potential higher on‑chain transfer volumes; no clear mechanism here to drive sustained price appreciation of USDT (a stablecoin) or TRX beyond transient flow shifts. The offering may improve merchant adoption of stablecoin payments, which is positive for ecosystem utility but neutral for the underlying token prices.