Conflux Slashes Costs: CFX Network Rolls Out Zero-Fee USDT/USDC Bridges

Breaking down the walled gardens of stablecoin transfers, Conflux just fired a shot across the bow of legacy cross-chain bridges. Their new zero-fee infrastructure lets users shuttle USDT and USDC without the usual tollbooths—because apparently in crypto, even ’stable’ assets need escape routes from predatory fees.

The move pressures competitors still nickel-and-diming users for basic interoperability. While TradFi banks charge $25 wire fees with a straight face, Conflux’s play exposes how absurd cross-chain taxation has become. Will others follow suit, or keep milking the cash cow while they can?

In an effort to bolster the Real-World Assets (RWA) and PayFi ecosystems, Conflux (CFX) Network has announced a limited-time fee subsidy campaign for cross-chain transfers, according to the Conflux Forum. For two months, users can transfer USDT and USDC from exchanges to Conflux eSpace without incurring any fees through the Meson platform.

Zero-Fee Campaign Details

The initiative aims to reduce the financial burden on users engaging in cross-chain transactions. Users can capitalize on this offer by transferring any amount of USDT or USDC from exchanges to Conflux eSpace via Meson. To take full advantage of the Meson fee subsidy, users must ensure their transactions originate from one of the following networks: BNB Chain, Arbitrum, Optimism, or Avalanche.

Eligibility and Limitations

This fee subsidy is specifically tailored for transactions moving funds into Conflux eSpace. It’s important to note that the subsidy does not cover withdrawal fees imposed by exchanges, which remain the user’s responsibility. Additionally, transactions originating from Conflux are not eligible for this campaign.

Supporting the Ecosystem

Conflux Network’s MOVE to offer zero-fee bridging aligns with its strategic focus on fostering the growth of decentralized finance (DeFi) ecosystems like RWA and PayFi. By lowering the cost of cross-chain transfers, Conflux aims to attract more users and liquidity to its platform, potentially enhancing its competitiveness in the blockchain space.

For more detailed information about the campaign and eligibility criteria, visit the official Conflux Forum.

• conflux network
• usdt
• usdc
• cross-chain transfers