TLDR Crypto · MISCELLANEOUS
POLYGON-BASED USDC CAN NOW BE SENT ON COINBASE WALLET WITH ZERO GAS
Summary from the TLDR Crypto newsletter
Coinbase Wallet has introduced zero gas fees for USDC transactions on the Polygon network, enhancing convenience and efficiency. This advancement has the potential to further simplify cross-border transfers and makes USDC operations easier. Enabled by EIP 4337, or "Account Abstraction", developers can subsidize gas fees for certain account transfers. Some Coinbase users hope this zero gas fee offering could extend to other networks like Solana, NEAR, or Avalanche. In other USDC-related news, Circle announced that USDC will be natively available on Arbitrum on June 8.