Binance Wallet Removes Native Gas Token Requirement With USDT Payments
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Binance Wallet now allows users to pay blockchain transaction fees with USDT across BNB Smart Chain, Ethereum, Solana and TRON, removing the need to hold each network's native gas token before completing transactions. According to information shared by Wu Blockchain, the feature enables users to use USDT for gas payments on the four supported networks. Binance said additional networks will be added later, expanding the availability of the payment option beyond the networks currently supported. The change addresses a requirement that users typically face when moving assets across different blockchain networks: maintaining a balance of the network's native token to cover transaction fees. With Binance Wallet's new functionality, users can instead pay gas fees using USDT on BNB Smart Chain, Ethereum, Solana and TRON. This means a user holding USDT does not need to separately acquire the native gas token of a supported network solely to complete a transaction, according to the information provided by Binance. The feature applies across four major blockchain networks, each of which uses different native assets for transaction fees. By allowing USDT to be used for gas payments, Binance Wallet brings the fee payment process into the wallet's existing stablecoin balance. Binance said the current rollout covers BNB Smart Chain, Ethereum, Solana and TRON, while support for...
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