The biggest enemy of stablecoins has never been another stablecoin, but rather "trouble." The most noteworthy hotspot this year for stablecoins to use as a springboard on the BNB Chain is actually written in the official roadmap: BNB Chain mentioned the launch of the Megafuel plan (based on the PBS mechanism) in 2024, which has supported over 25 million zero Gas stablecoin transactions, and plans to allow users to pay Gas with stablecoins or other BEP-20 tokens in 2025, while introducing a Paymaster mechanism similar to EIP-7702 to allow project parties to subsidize transaction fees for users.
The problem is — the adoption threshold of Web3 often gets stuck at "you must first have native on-chain currency." Asking new users to first buy BNB, then exchange for stablecoins, and finally interact, this process seems natural to DeFi veterans, but to the general public, it's off-putting. Zero Gas + token payment means that it compresses "going on-chain" from a series of processes into a single action: just click and it happens. And when stablecoins can directly bear the transaction fees, they upgrade from "transaction medium" to "usage medium."
At this point, bringing in USDD (Decentralized USD) makes its positioning clearer: it is not about arguing 'who is more like the dollar,' but rather 'who is more like cash.' The core structure of USDD 2.0 is over-collateralization and on-chain verifiable reserves, with the collateralization rate typically maintained above 120% in on-chain data, and at times even higher.
The key to cash is predictability; for stablecoins to enter 'daily interactions,' they need this verifiable risk boundary and transparency even more.
More critically: a zero-gas world will amplify the importance of 'stablecoin exports.' You can allow users to go on-chain for free, but you cannot let users get stuck when exiting. USDD's PSM offers 1:1 slip-free swaps, logically closer to an 'on-demand redemption window.'
When gas is no longer a barrier, the real barriers will become: liquidity, redemption channels, and liquidation resilience in extreme market conditions. In other words, the competition among stablecoins on BSC will be more like infrastructure competition: who can create an experience where 'it's easy to get in and easy to get out.'
Taking a longer view, if the Megafuel/Paymaster line really unfolds, BSC will see a very realistic outcome: stablecoins may become the 'default interaction asset,' and in some scenarios, they may resemble 'spending currency' more than BNB. To seize this wave of interest, USDD (Decentralized USD) must turn its strengths into a perceivable product experience—allowing users to not have to understand CDP, nor understand arbitrage, just know: it is a stablecoin, it is transparent, it has a 1:1 exit window, and it works smoothly on BSC.@USDD - Decentralized USD
