BNB Chain debuts gasless transactions for stablecoin payments.

BNB Chain, a community-driven blockchain ecosystem, has announced a new update aimed at enhancing stablecoin infrastructure by introducing gasless transactions.

BNB Chain debuts gasless transactions for stablecoin payments.

Unveiled on September 18, the initiative is designed to make stablecoin payments more accessible, faster, and cost-effective, aligning with BNB Chain’s mission to streamline everyday crypto transactions.

Gala Wen, BNB Chain’s director of ecosystem development, shared with Cointelegraph that the company is collaborating with “CEXs, wallet providers, and bridges” to offer a “gas-free transaction experience.”

This initiative will allow gasless transfers for Tether (USDT), Circle USD (USDC), and First Digital USD (FDUSD), enabling fee-free transfers to further drive crypto adoption.

As per the press release shared with Cointelegraph, the development includes partnerships with centralized exchanges (CEXs) such as Binance and Gate.io.

Wen emphasized that the goal of the initiative is to “simplify and expand the use of stablecoins,” integrating them into everyday life while advancing BNB Chain’s vision of “widespread Web3 adoption.”

In addition to CEXs, the initiative seeks to enhance wallet and cross-chain bridge support to broaden access to gasless transactions.

The press release also highlighted that Bitget Wallet and SafePal have already adopted the gasless solution, with Binance Web3 Wallet and Trust Wallet expected to follow soon.

Furthermore, collaborations with bridge providers like Celer are expected to “facilitate zero-fee transfers and improved liquidity,” streamlining cross-chain asset movement.

The European Union’s Markets in Crypto-Assets Regulation (MiCA) framework came into effect on June 30, with its provisions set to apply to crypto-asset service providers (CASPs) starting December 30.

Once fully implemented, CASPs—including exchanges, wallets, and other crypto services—will face increased regulatory oversight.

Addressing the potential impact of these regulations, Wen clarified that BNB Chain is focused on maximizing transaction efficiency rather than issuing or managing stablecoins.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow