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In a significant development for the crypto community, BNB Chain has decided to extend its highly anticipated “Zero Gas Fee Carnival” event until June 30, 2025. Official sources confirm that this initiative aims to encourage the adoption of stablecoins, facilitating seamless transactions with gas fee waivers. The current selection of eligible stablecoins includes leading options such as USDT, USDC, and FDUSD. Since its inception in September last year, the Carnival has successfully absorbed over $3 million in gas fees for stablecoin transfers.
Centralized exchanges like Binance, Bitget, and MEXC are prominently endorsing this event, while wallets such as SafePal and Trust are also on board. Notably, users can now transfer assets to the BNB Chain via cross-chain bridges like Celer and cBridge without incurring any cross-chain fees. Additionally, the Carnival encourages participation in various DeFi protocols available on the BNB Chain, potentially enhancing stablecoin yields for users.
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