XION launches USDC gas fee feature to simplify Web3 experience for ordinary users.

CN
2 days ago

XION is the first Layer 1 blockchain designed for mainstream users that does not require a wallet. Today, XION officially launched the USDC Gas fee feature, allowing users to pay transaction fees directly with USDC, eliminating the need to acquire or exchange the native token $XION.

With this feature, XION users will no longer face cumbersome wallet configurations, asset cross-chain issues, or token management problems. Users simply need to use USDC (a stable and widely accepted cryptocurrency) to pay transaction fees, while the rest of the operations are automatically handled by the protocol. The system will automatically convert USDC to $XION in the background to support ecosystem operations, and this process is completely seamless for users.

By removing this key barrier, XION significantly enhances the user experience and takes another step towards the vision of "making crypto technology invisible," simplifying Web3 to the point where users do not need to think about the blockchain at all. This is also one of the reasons why XION has been able to successfully convert 97% of new users, while the industry average conversion rate is only 5%.

"Web3 is still terrible for most people," said XION founder Anthony Anzalone (also known as Burnt Banksy). "If someone wants to try a new application, they usually have to figure out what token this chain uses, buy it on an exchange, cross-chain, and they might even need to wrap the token, and then pray that the process doesn't go wrong. Most people give up at the first step. XION eliminates all of that."

With the USDC Gas fee feature launched by XION, users only need to use USDC to pay transaction fees without having to purchase or manage the native token $XION. The protocol automatically converts USDC to $XION in the background for settlement, requiring no additional actions or technical knowledge from the user. This seamless experience not only supports the operation of the entire ecosystem but also greatly simplifies the usage process, allowing users to enjoy an intuitive and smooth blockchain interaction experience while retaining the core mechanisms of the underlying chain.

Allowing the use of USDC to pay Gas fees marks a fundamental shift in blockchain usability. By supporting users to transact with familiar currency, XION significantly lowers the entry barrier, helping those who might have given up due to complex processes to smoothly access Web3.

"You have a dollar, and now you can use that dollar to buy, spend, or even develop," Anzalone stated. "Web3 should serve real users, not just the veterans of the crypto circle."

The launch of this feature coincides with Circle's announcement of its IPO, further highlighting the strategic synergy between XION and Circle. As an important investor in XION, Circle's involvement also enhances the platform's credibility and real-world applicability. This feature is now officially live and open to all users.

About XION

XION is the first Layer 1 blockchain that does not require a wallet, dedicated to making it easy for all users to access Web3. Through its Generalized Abstraction technology, XION achieves the goal of "making crypto technology invisible," simplifying a series of complex processes such as wallets, private keys, multi-device usage, and Gas fees. XION eliminates common barriers to using Web3, making blockchain technology more user-friendly for ordinary users and developers, thereby accelerating the mainstream adoption of Web3.

The project is supported by several top investment institutions, including Circle Ventures, Multicoin, Animoca, Draper Dragon, Arrington Capital, Spartan, and others.

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