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After working in this crypto market for so long, everyone is looking for something that can truly drive large-scale Web3 adoption. Blockchain technology must be usable and capable of lowering barriers; otherwise, no matter how fancy it is, it remains a game for a small circle.
Recently, I noticed an interesting phenomenon—within a leading exchange ecosystem, a payment-oriented L1 public chain has emerged, performing quite impressively. As a deep user, I think its real strength lies in its reimagining of the stablecoin payment system.
Think about it, why do most people find public chains frustrating? It’s mainly the Gas fees. A small transfer can have half the amount eaten up by fees, and sending money to family and friends requires checking exchange rates. This kind of experience is really subpar. But what has this project’s L1 architecture achieved? **Zero-fee transfers**. Truly zero.
What does this mean? It means that when you remit funds to a partner on the other side of the globe, you no longer need to worry about a few dollars in Gas costs. When shopping at partner merchants, you don’t need to reserve a bunch of miscellaneous tokens to pay fees. One stablecoin completes the entire process—sounds simple, but actually implementing it isn’t that easy.
They introduced the Paymaster abstract account technology, whose core logic is to allow users to pay fees directly with the same stablecoin used for transfers. How smooth is this? Honestly, many old public chains simply can’t do it. As the liquidity of this project gradually increases, what you see is a brand-new payment infrastructure taking shape.
From a broader perspective, this is not just a technical upgrade; it’s asking: can Web3 payments really be used? Can ordinary people use them seamlessly? When these questions get affirmative answers, that will truly mark the beginning of Web3’s move toward practical application.