BNB Chain will make it easier to transfer stablecoins for free

The introduction of MegaFuel will allow services to cover user fees.

The chain aims to develop useful real-world payment solutions.

The use of an interchain bridge would be free. The BNB Chain takes unusual steps to become the “central infrastructure” for stablecoins. One of several is that through MegaFuel, powered by the company Nodereal, it will cover gas fees for users of centralized exchanges, wallets and web3 applications that use stablecoins such as USDT, USDC and FDUSD. This announcement coincides with the opening of the BNB Chain's "carnival season," which begins on September 19, 2024.

According to the BNB Chain blog, the introduction of MegaFuel optimizes the user experience. According to a tweet on the social network X, the BNB Chain organization is partnering with centralized exchanges such as Binance, Bitget, Gate.io, MEXC, and HTX to also offer commission-free transfers.

The approach will be identical with wallet providers, such as SafePal, TrustWallet, and various exchange wallets, although in the case of these, the transfers would be "low-cost." The BNB Chain organization also claims to be partnering with Celer Network to offer free transfers across various blockchains.

But perhaps the most important part of the announcement is the search for solutions for real-life, everyday payments with stablecoins and BNB Chain. This is an area of ​​utility that has historically been resistant to blockchains.

BNB Chain is partnering with AlchemyPay, Oobit, MugglePay, NOWPayments, and LunuSolutions to enable “everyday purchases, like buying coffee, with stablecoins, making cryptocurrency transactions more convenient and affordable.”

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