Circle has expanded its Web3 Services product line, unveiling a gas-free experience for developers and users alike. Addressing the common obstacles hindering blockchain adoption, Circle introduced Gas Station and Smart Contract Platform to simplify the interaction with smart contracts and eliminate the complexities of gas fees. The company behind USDC stablecoin announced this via a tweet thread:
1/ Introducing Gas Station and Smart Contract Platform – built for #devs & available in beta!
— Circle (@circle) October 19, 2023
Our two new #Web3 Services products provide solutions for devs & businesses to remove cost, complexity & friction for app users. Let’s dive in to learn how our Web3 services continues… pic.twitter.com/gZnpAvYepT
Gas Station, a new addition to Circle’s Web3 Services, abstracts blockchain network fees, delivering a seamless user experience. Developers can now sponsor gas tokens on EVM-compatible L2 chains, eliminating the need for users to exit apps to acquire tokens for transaction fees.
A two-step setup process in the Web3 Services Console allows developers to configure Paymaster policies and activate the Paymaster with their credit card, accelerating app development and ensuring a gasless user experience. Leading super app Grab has already leveraged Gas Station, providing Singapore-based users with a hassle-free Web3 experience.
Circle’s Smart Contract Platform empowers developers to embed contract interactions effortlessly in their applications, unlocking the full potential of blockchains for businesses. By simplifying the deployment, exploration, and interaction with smart contracts, Circle enables developers to build and deploy contracts on supported blockchain networks, including Ethereum, Polygon, and Avalanche.
Additionally, Circle has introduced Cross-Chain Transfer Protocol (CCTP) on Solana Devnet, with plans to deploy it on the Solana mainnet later this year. CCTP is an on-chain utility that facilitates secure USDC transfers between different blockchains. By enabling a native burn-and-mint process, CCTP allows developers to build cross-chain applications with ease. Users can perform cross-chain swaps, deposits, and purchases seamlessly, simplifying the user experience and promoting widespread Web3 adoption.
Developers and users can soon move USDC across chains, starting with Ethereum, Avalanche, Arbitrum, and OptimismFND, with more networks joining the roster soon. The possibilities are vast – from cross-chain swaps and deposits to effortless cross-chain purchases of NFTs, CCTP streamlines complex processes for users while enhancing the capabilities of developers.
Developers and businesses can now explore these cutting-edge solutions to create applications that seamlessly bridge the gap between different blockchains, bringing the world closer to a unified and mainstream Web3 future.
