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BNB Chain Tops Stablecoin Activity and Users, Extends Gas-Free USDT & USD1 Transfers - Chainwire

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26Jun

BNB Chain Tops Stablecoin Activity and Users, Extends Gas-Free USDT & USD1 Transfers

dubai, UAE, June 26th, 2025, Chainwire

BNB Chain, the community-driven blockchain ecosystem, is making stablecoin transactions easier, cheaper, and more accessible for everyone. In line with this, BNB Chain has announced a one-month extension of its Gas-Free Carnival, allowing users to continue enjoying gas-free stablecoin transfers including USDT and USD1, on leading exchanges (CEXs) and wallets, until July 31, 2025, 23:59 UTC.  

This renewed phase spotlights USDT and USD1, two of the most widely used and highest market cap stablecoins within the BNB Chain ecosystem, to deliver a seamless and cost-efficient user experience. Earlier gas-free campaigns involving other stablecoins will conclude on June 30, 2025, as previously announced.

Since launching on September 20, 2024, the Gas-Free Carnival has covered a total of over $4 million in stablecoin gas fees, removing transaction cost barriers for users, making stablecoins easier and cheaper to use. In May and June 2025, BNB Chain ranked #1 across all blockchains in both stablecoin transaction volume and monthly active users (MAU), highlighting growing adoption and user preference for the ecosystem.

As stablecoin adoption continues to accelerate on BNB Chain, the total stablecoin market cap now exceeds $10B. Notably, Trump Family’s WLFI Stablecoin USD1 anchors its ecosystem on BNB Chain, with over 90% of its USD1 stablecoin supply deployed natively.

The campaign enables users to benefit from three main features:

  1. Zero-Fee Stablecoin Withdrawals from Leading CEXs: Users can withdraw USDT, and USD1 to BSC and opBNB with zero withdrawal fees from participating centralized exchanges (CEXs), including Binance, Bitget, MEXC, Bitmart, Ourbit, BingX, LBank, and HTX. This gives users the ability to move their funds at full value without deductions.
  2. Gas-Free Transfers via Partner Wallets: BNB Chain is sponsoring gas fees for stablecoin transfers through Binance Wallet, Trust wallet, Bitget Wallet, SafePal, TokenPocket, Wello, Gate Wallet, Mathwallet, UXUY, imToken, Coin98 Super Wallet, Reveel, and Fizen. Each wallet address can have up to two free USDT transfers and unlimited USD1 transfers per day on BSC.
  3. Free Cross-Chain Stablecoin Transfers: Partnering with Celer cBridge and Meson.fi, BNB Chain enables gas-free USDT transfers from other chains to BSC, such as Ethereum, Arbitrum, Polygon, and Avalanche, etc. This integration helps users move assets across ecosystems without the usual bridging costs.

Beyond facilitating gas-free transactions, the Gas-Free Carnival extends opportunities for users to maximize stablecoin utility through staking, yield farming, and liquidity mining on top DeFi protocols such as Lista, Aave, Kinza Finance, PancakeSwap, Thena, Aster, and Uniswap.

For full campaign details and participation guidelines, users can visit here.

About BNB Chain

BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:

  • BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain. 
  • opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.
  • BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.

Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program.

For more, follow BNB Chain on X or start exploring via Dapp library.