BNB Chain Launches Gasless Stablecoin Transactions for Faster Payments
BNB Chain, a community-driven blockchain platform, recently unveiled an upgrade aimed at enhancing its stablecoin infrastructure by introducing gasless transactions.
Announced on September 18, the update seeks to make stablecoin payments faster, cheaper, and more accessible, aligning with BNB Chain’s mission to streamline everyday crypto use.
Gala Wen, BNB Chain’s director of ecosystem development, highlighted that through collaborations with centralized exchanges (CEXs), wallet providers, and cross-chain bridges, the initiative strives to deliver a “gas-free transaction experience.”
This new feature enables gasless transfers for popular stablecoins like Tether (USDT), Circle USD (USDC), and First Digital USD (FDUSD), promoting fee-free transactions and fostering broader crypto adoption. According to BNB Chain, partnerships with platforms like Binance and Gate.io are already in motion to support this effort.
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Wen emphasized the goal of making stablecoins more practical for daily use, thus driving the broader adoption of Web3 technology. In addition to CEX partnerships, the initiative will enhance support for wallets and cross-chain bridges, expanding access to gasless transactions. Bitget Wallet and SafePal have already integrated the solution, with Binance Web3 Wallet and Trust Wallet expected to follow suit.
Moreover, collaborations with bridge providers like Celer will ensure zero-fee transfers and improved liquidity, facilitating smoother cross-chain asset movement.
While the European Union’s Markets in Crypto-Assets Regulation (MiCA) comes into full effect in December, placing new regulatory requirements on crypto services, Wen clarified that BNB Chain is focused on optimizing transaction efficiency, not issuing or managing stablecoins directly.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
