OKX Wallet Enables Zero-Fee USDT and USDC Transfers on X Layer

OKX introduces zero-gas-fee stablecoin transfers on X Layer via its x402 protocol, aiming to cut costs, streamline transactions, and strengthen DeFi activity within its blockchain ecosystem.

USDT
USDC

Summary

OKX announced that its Wallet users can now transfer USDT and USDC on the X Layer blockchain with zero gas fees, leveraging the x402 protocol. The enhancement is designed to lower transaction costs, improve the on-chain user experience, and support the growth of the DeFi-oriented X Layer ecosystem.

Terms & Concepts
  • X Layer: A blockchain network developed by OKX to enable fast, low-cost transactions and ecosystem growth.
  • x402 protocol: A protocol used by OKX to facilitate zero gas fee transfers, improving efficiency for token movements on X Layer.
  • Gas fee: A blockchain transaction cost paid to validators for processing and confirming network activity.