Why do I need to purchase MATIC in order to pay gas fees for sending USDT via the Polygon network? What distinguishes it from transmitting cryptocurrency via Ethereum or the Binance Smart Chain?
MATIC is the essential token for Polygon, used for gas fees in transactions. Similar to ETH and BNB, it facilitates transaction validation on the Layer 2 blockchain. MATIC is crucial for processing various fees, including those for sending USDT.