BenFen public chain releases the white paper "One-Click Issuance of Stablecoins and RWA," creating the next generation of asset issuance and payment infrastructure

ChainCatcher news, the high-performance multi-currency stablecoin public chain BenFen, incubated by Bixin Ventures, has released a new white paper and launched the "One-Click Issuance of Stablecoins and RWA" core module, achieving a standardized, modular, and compliant full process from token creation to payment. Project parties only need to fill in basic parameters to generate and deploy contracts with one click, covering ordinary tokens, stablecoins, and RWA, without the need to write code, greatly improving issuance efficiency and security while reducing issuance costs.

The new version of the white paper systematically constructs the positioning of "stablecoin native public chain" and introduces innovative mechanisms:

• Cross-chain reserves + DEX exchange pools to achieve stablecoin anchoring and liquidity assurance;

• Introduction of stablecoin payment Gas mechanism, allowing users to interact on-chain without holding public chain governance tokens; project party tokens have the function of paying Gas, enhancing the token's usage value and optimizing the user experience;

• Introduction of sponsorship trading mechanism, allowing project parties to pay for users' Gas fees required for transactions, achieving precise user incentives and ecological guidance, optimizing the on-chain interaction experience for new users;

• Support for zkLogin login mechanism, enabling 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 the one-click issuance RWA module, BenFen provides one-stop support for asset custody, identity verification, legal compliance, etc., assisting in bringing assets such as real estate, IP revenue rights, bill receivables, bulk commodities, and artworks on-chain, connecting the on-chain and the real world.

BenFen is strategically invested and incubated by Bixin Ventures, having completed tens of millions of dollars 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 functions such as payment, exchange, and lending. The newly launched self-custody Web 3 payment card BenPay Card has officially been launched, supporting direct payments of stablecoins both online and offline, connecting on-chain assets with daily consumption.