BNB Chain, a decentralized blockchain ecosystem, has unveiled an update to enhance stablecoin infrastructure by introducing gasless transactions. The initiative, announced on Sept. 18, aims to streamline stablecoin payments, making them more accessible, faster, and cost-effective. Gala Wen, the director of ecosystem development at BNB Chain, stated that the collaboration with centralized exchanges, wallet providers, and bridges is geared towards offering a seamless gas-free transaction experience. The update enables gasless transfers for popular stablecoins like Tether, Circle USD, and First Digital USD, facilitating fee-free transactions to promote crypto adoption. Additionally, partnerships with exchanges such as Binance and Gate.io, as well as wallet providers like Bitget Wallet and SafePal, will further expand the reach of gasless transactions. The initiative also includes collaborations with bridge providers to enable zero-fee transfers and enhance liquidity for cross-chain asset movement, aligning with BNB Chain's goal of widespread Web3 adoption. Read more AI-generated news on: https://app.chaingpt.org/news