BNB Chain Stablecoin 0 Fee Promotion Extended Until March 31, 2025

BlockBeats News, December 30, according to official sources, BNB Chain announced today that the "Zero Gas Fee Carnival" event, aimed at continuing to promote the adoption of stablecoins and their application, will be extended until March 31 next year. Users withdrawing stablecoins from centralized exchanges to BSC and opBNB will be exempt from gas fees, covering stablecoins including: USDT, USDC, and FDUSD.

The centralized exchanges currently supporting the event include: Binance, Bitget, MEXC, Bitmart, Ourbit, Flipster, Gate, etc., with wallet support from Bitget Wallet, SafePal, UXUY Wallet, among others. During the event, transfers to BNB Chain via the cross-chain bridge cBridge and Meson.if will incur no cross-chain transaction fees, aiming to provide users with seamless stablecoin transfer services.

The stablecoin zero-fee transfer event, which began in September 2024, contributed 8.8% of the overall transaction volume on the BNB Chain. Currently, the stablecoin market cap on BNB Chain is nearly $5 billion, ranking third in terms of stablecoin market cap.