PANews reported on January 23 that Circle announced the launch of the Paymaster feature, which allows users to pay transaction fees on Arbitrum and Base with USDC without holding native tokens such as ETH. Paymaster will accept USDC and complete the process of paying native tokens to blockchain validators on behalf of users.
The service will be expanded to Ethereum, Polygon POS, and Solana chains in the future and will charge a 10% gas fee for each transaction, but to encourage adoption, the fee will be waived until June 30.