On August 11th, BenFen, a high-performance, multi-currency stablecoin public chain backed by Bixin Ventures, released a new white paper and unveiled its "One-Click Stablecoin and Reliable Authenticator" core module, standardizing, modularizing, and compliant the entire process from token creation to payment. Project owners only need to enter basic parameters to generate and deploy contracts for standard tokens, stablecoins, and Reliable Authenticator (RWA) with one click, eliminating the need for code. This significantly improves issuance efficiency and security while reducing costs.

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

- Cross-chain reserve + DEX exchange pool to achieve stablecoin anchoring and liquidity guarantee;

- Introducing a stablecoin payment gas mechanism to enable users to interact on-chain without holding public chain governance tokens; project tokens have the function of paying for gas, which increases the value of tokens and optimizes the user experience;

- Introducing a sponsored transaction mechanism, whereby projects can pay the gas fees required for transactions on behalf of users, achieving precise user incentives and ecosystem guidance, and optimizing the on-chain interaction experience for new users;

- Supports the zkLogin login mechanism, allowing users to create on-chain wallets with one click through mainstream social accounts such as Google and Apple, without the need for mnemonics or private key management, significantly lowering the threshold for first-time Web3 users.

In terms of the one-click issuance of RWA modules, BenFen provides one-stop support such as asset custody, identity verification, and legal compliance, helping to put assets such as real estate, IP income rights, bill debts, commodities and artworks on the chain, connecting the chain with the real world.

BenFen, strategically invested in and incubated by Bixin Ventures, has secured tens of millions of dollars in funding. Its public chain, built with the Move programming language, boasts sub-second block times and high throughput. Its core ecosystem project, BenPay, integrates payment, exchange, and lending functionality. The newly launched self-hosted Web 3 payment card, BenPay Card, has officially launched, supporting direct online and offline payments with stablecoins, connecting on-chain assets with daily consumption.