Blockchain network BNB Chain has announced plans to collaborate with centralized exchanges to ensure users can make fee-free stablecoin deposits.

BNB Chain’s New Feature for Gasless Stablecoin Transfers

BNB Chain, previously known as Binance Smart Chain, is developing a feature that will enable gasless stablecoin transfers across centralized exchanges. This initiative aims to make digital payments more practical and accessible.

In a press release dated September 18, the BNB Chain team revealed that the initial rollout of gas-free transfers will support major stablecoins, including Tether (USDT), USD Coin (USDC), and First Digital USD (FDUSD). These transfers will be facilitated through partnerships with prominent centralized exchanges such as Binance, Bitget, Gate.io, HTX (formerly Huobi), and MEXC.

MegaFuel: The Backbone of Gas-Free Transfers

The gas fees for these transactions will be covered by MegaFuel, a gasless solution developed by infrastructure provider NodeReal and backed by BNB Chain. In addition to exchanges, gasless transactions will also be supported via wallet providers like Bitget Wallet and SafePal. Future support will extend to Binance Web3 Wallet and Trust Wallet.

The Future of Stablecoins on BNB Chain

BNB Chain is not just stopping at wallets and exchanges. The network is also collaborating with cross-bridge providers like Celer to enable gas-free cross-chain transfers, simplifying asset movement across different blockchains. However, it’s currently unclear if BNB Chain is in discussions with other cross-chain providers for this initiative.

Beyond cryptocurrency transfers, BNB Chain is in talks with payment gateways such as Alchemy Pay, Oobit, Lunu, MugglePay, and Now Payment. These collaborations aim to integrate crypto into everyday transactions, making it possible for users to make purchases like buying a coffee with stablecoins. Whether these stablecoin payments will be limited to specific purchases remains to be seen.

“Real-life payments, allowing users to make everyday purchases, like buying a coffee, with stablecoins, making cryptocurrency transactions more practical and affordable,”

Gasless Carnival Season: Boosting User Activity

To encourage user engagement, BNB Chain is launching a “Gasless Carnival Season” starting on September 19. During this period, users will enjoy zero withdrawal fees on stablecoins from participating centralized exchanges to BSC and opBNB. Additionally, gas fees for transfers via participating wallets will be covered, and gas-free cross-chain transfers will be sponsored via participating bridges.

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