ChainCatcher news: BenFen, a high-performance multi-currency stablecoin public chain incubated by Bixin Ventures, has released a new white paper and heavily launched the core module of 'one-click issuance of stablecoins and RWA', achieving a standardized, modular, and compliant process from token creation to payment. Project parties only need to fill in basic parameters to generate and deploy contracts with one click, covering regular tokens, stablecoins, and RWA without needing to write code, greatly enhancing issuance efficiency and security, while reducing issuance costs.
The new version of the white paper systematically constructs the positioning of the 'stablecoin native public chain' and introduces innovative mechanisms:
- Cross-chain reserves + DEX exchange pools to achieve stablecoin anchoring and liquidity assurance.
- Introduces a stablecoin payment Gas mechanism, enabling users to interact on-chain without holding public chain governance tokens; the project tokens have the capability to pay Gas fees, enhancing the value of token usage and optimizing the user experience.
- Introduces a sponsorship transaction mechanism, allowing project parties to cover the Gas fees required for users, achieving precise user incentives and ecological guidance, optimizing the on-chain interaction experience for new users.
- Supports zkLogin login mechanism, allowing users to create on-chain wallets with one click using mainstream social accounts like Google and Apple, eliminating the need for mnemonic phrases or private key management, significantly lowering the entry barrier for first-time Web3 users.
In terms of one-click issuance of RWA modules, BenFen provides one-stop support including asset custody, identity verification, and legal compliance, assisting in bringing assets such as real estate, IP revenue rights, bill receivables, commodities, and artworks on-chain, connecting on-chain with the real world.
BenFen, strategically invested and incubated by Bixin Ventures, has completed tens of millions in financing. The public chain is built using the Move language, featuring sub-second block times and high throughput performance. Its core ecological project, BenPay, integrates payment, exchange, lending, and other functions. The newly launched self-custodial Web 3 payment card, BenPay Card, has officially launched, supporting direct payments with stablecoins both online and offline, connecting on-chain assets with everyday consumption.