USD1 Stablecoin Soars on BNB Chain: Zero Gas Fee Initiative Drives Massive Adoption

The USD1 stablecoin has achieved a significant milestone, with nearly 90% of its total supply now actively deployed on BNB Chain, according to Dune Analytics data. This surge in adoption comes amidst the launch of BNB Chain’s zero-gas-fee stablecoin initiative, enabling users to transact USD1 cost-effectively without incurring fees. This move has significantly boosted the stabilitycoin’s attractiveness for both everyday individuals and DeFi platforms alike.