
BNB Chain introduces a tool to improve stablecoins
September 18, 2024
BNB Chain has announced an update aimed at improving the stablecoin infrastructure through gasless transactions.
The initiative is focused on making payments in digital assets more accessible, faster, and cheaper, aligning with the chain's goal of simplifying everyday cryptocurrency transactions.
Support for major stablecoins
The update targets USDT, USDC, and First FDUSD to enable gas-free operations with these stablecoins.
Partnerships with platforms
The Director of Ecosystem Development at BNB Chain stated that by collaborating with CEX, wallet providers, and bridges, the company aims to create a gasless transaction experience.
The initiative also involves partnerships with centralized exchanges such as Binance and Gate.io.
In addition to CEX support, the initiative seeks to enhance wallet and cross-chain bridge functionality, broadening user access to gasless transactions.
Bitget Wallet and SafePal have already integrated gasless solutions, with Binance Web3 Wallet and Trust Wallet set to join the list soon.