Circle Unveils Paymaster to Allow USDC to Be Used for Transaction Fees

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Circle Unveils Paymaster to Allow USDC to Be Used for Transaction Fees

Description

Circle has launched Paymaster, a product that allows users to pay blockchain transaction fees on Arbitrum and Base using USDC, thereby eliminating the need for native tokens like ETH. With plans to expand to Ethereum, Polygon PoS and Solana, the tool will waive its 10% gas fee surcharge until 30 June 2025 to encourage adoption.

Publish date

3:12pm, Thursday, January 23, 2025