BNB Chain Launches Gas-Free Stablecoin Transfer Program with Major Exchanges and Wallets

COINOTAG news reported on September 18 that BNB Chain has unveiled a groundbreaking program to facilitate gas-free stablecoin transfers, aiming to enhance the existing stablecoin infrastructure. This initiative targets major centralized exchanges and wallets, concentrating on three key stablecoins: USDT, USDC, and FDUSD, with the objective of providing users with a faster, cost-efficient payment experience.

Gala Wen, Director of Ecosystem Development at BNB Chain, underscored the collaboration with centralized exchanges, wallet services, and cross-chain bridges, stating that the plan is dedicated to ensuring a seamless, gas-free trading environment. Notable partners include prominent CEXs like Binance and Gate, and wallet platforms such as Bitget Wallet and SafePal. Additionally, Binance Web3 Wallet and Trust Wallet are anticipated to join this collaborative effort.

In the realm of cross-chain transactions, BNB Chain is partnering with bridge service providers such as Celer to facilitate zero-fee transfers and ensure top-tier liquidity, thereby streamlining cross-chain asset movement. Wen highlighted that the ultimate objective of this program is to expand the usability of stablecoins in everyday transactions, furthering the integration and broadening the applications of Web3 through BNB Chain.