Circle, the issuer of the $48 billion USDC stablecoin, introduced Paymaster, a product that allows users to pay for transaction fees on Arbitrum and Base using the second largest stablecoin instead of ether (ETH), the second largest cryptocurrency.

Blockchain transactions require users to pay transaction fees that are used to compensate validators for processing and securing those transactions. Different blockchains often use different tokens, forcing users to manage a selection of tokens across the different chains.

Paymaster accepts USDC and then handles the native token payments to the blockchain validators, the company said in a blog post.

The service, which is set to expand to Ethereum, Polygon POS and Solana, charges users 10% of gas costs for each transaction. The fee is waived until June 30 to encourage adoption.