PANews reported on December 30 that, according to official news, to continue promoting the popularity and application of stablecoins, BNBChain announced today that the 'Zero Gas Fee Carnival' event will be extended until March 31 next year. Users withdrawing stablecoins from centralized exchanges to BSC and opBNB will be exempt from Gas fees. The stablecoins covered include: USDT, USDC, and FDUSD.
The centralized exchanges currently supporting the event include: Binance, Bitget, MEXC, Bitmart, Ourbit, Flipster, Gate, etc. Wallets include Bitget Wallet, SafePal, UXUY Wallet, etc. During the event, transfers to BNBChain via cross-chain bridges cBridge and Meson.if will incur no cross-chain fees, as B aims to provide users with a smooth stablecoin transfer service.
The zero transfer fee activity for stablecoins starting in September 2024 contributed 8.8% to the overall transaction volume of BNBChain. Currently, the market capitalization of stablecoins on BNBChain is nearly $5 billion, ranking third in stablecoin market value.
