BNB Chain Network is extending its program of waiving fees for various transfers made with stablecoins until December 31, 2025.
The chain itself bears the cost of the fees required to send transactions for all moves made in USD1 and USDC.
According to the announcement, since the start of the program in September 2024, BNB Chain has already been absorbed “More than $4 million in fees.”.
Circle’s USDC is one of the most used stablecoins on the market, and USD1 is issued by World Liberty Financial.
This commitment is clearly expressed across multiple exchanges and wallets within the ecosystem.
The BNB Chain team has confirmed that they are working with platforms such as Binance, Bitget, MEXC, and Bitmart to offer free withdrawals of USD1 and USDC on both the network and opBNB Chain.
At the same time, the network covers fees for people operating on wallets such as Binance Wallet, Trust Wallet, Bitget Wallet, and SafePal.
This strategy aims to strengthen the daily use of stablecoins within the BNB chain.
By absorbing fee costs, networks reduce financial barriers to moving funds, which can be attractive to investors. Users who frequently use these digital currencies for payments and transfers.
In addition, extending the cost-cutting program could help drive sustainable activity, the statement said.
blockchain.
