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Reading: BNB Chain Extends 0 Fee Carnival for USD1 and USDT Transfers
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DeFi

BNB Chain Extends 0 Fee Carnival for USD1 and USDT Transfers

Last updated: June 27, 2025 12:04 am
Published: 8 months ago
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BNB Chain has announced the extension of its 0 Fee Carnival for USD1 and USDT transfers until July 31, 2025, according to BNB Chain. This initiative allows users to transfer stablecoins without incurring gas fees, aiming to make digital currency transactions more accessible and cost-effective.

The 0 Fee Carnival, which began on September 20, 2024, has already saved users over $4 million in gas fees. The initiative has positioned BNB Chain as the leader in stablecoin transactions and monthly active users (MAU) during May and June 2025. The extension enables users to continue enjoying gas-free transactions, promoting broader adoption of stablecoins.

BNB Chain has partnered with major exchanges, including Binance, Bitget, MEXC, Bitmart, Ourbit, BingX, LBank, and HTX, to facilitate zero-fee withdrawals to the BNB Smart Chain (BSC) and opBNB networks. Users holding USDT or USD1 can withdraw to these networks without transaction costs, with varying minimum withdrawal amounts depending on the platform.

Additionally, the initiative includes support from multiple wallet providers such as Binance Wallet, Trust Wallet, and SafePal, offering users zero-fee transfers. Each wallet address can make two USDT transfers and unlimited USD1 transfers per day, with a minimum transfer amount of $0.10 on the BSC network.

For those holding USDT on other chains, BNB Chain has collaborated with Celer cBridge and Meson.fi to offer gas-free transfers to BSC or opBNB. These partnerships aim to facilitate seamless asset movement, enabling users to explore DeFi opportunities with zero bridging costs.

Despite some restrictions on direct USDT bridging, users can claim rebates through the bridges, ensuring a cost-free experience. These efforts highlight BNB Chain’s commitment to reducing transaction costs and enhancing user accessibility in the blockchain ecosystem.

As the 0 Fee Carnival progresses, BNB Chain is working to integrate USD1 across more protocols and engage additional partners to support the zero-fee movement. The initiative is part of a broader strategy to simplify and democratize digital currency transactions for users worldwide.

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