UXLINK's latest innovation, EIP-7702, is empowering their payment architecture FujiPay, integrating on Ethereum's mainnet as of May 7, 2025, without major key opinion leaders' public endorsement yet.
This development enhances UXLINK's PayFi ecosystem, potentially increasing $UXLINK token utility and affecting ETH transactions, though official on-chain analytics are pending.
UXLINK's FujiPay has adopted EIP-7702, ushering in a new era for the PayFi ecosystem through innovative smart wallet transactions.
With a commitment to enhancing Ethereum usability, UXLINK's FujiPay integration of EIP-7702 supports seamless cryptocurrency transactions, boosting the utility of the $UXLINK token and promoting the adoption of crypto payments across borders.
FujiPay Implements EIP-7702 for Smart Wallet Transactions
UXLINK’s FujiPay integrates EIP-7702, enhancing Ethereum user experience. The implementation enables users to utilize smart wallet capabilities, supporting seamless cryptocurrency transactions and improved programmability within the PayFi ecosystem.
UXLINK has collaborated with international payment institutions on FujiPay, promoting widespread adoption of crypto payments. The ecosystem now empowers the $UXLINK token through real-world integrations, aiming to facilitate cross-border transactions and boost utility.
EIP-7702 Adoption Could Affect Ethereum Gas Fees
FujiPay's adaptation of EIP-7702 could impact Ethereum's gas abstraction, enhancing the $UXLINK token utility. However, no public statements have yet been made by major industry leaders on its broader impact.
EIP-7702: The Future of Gas Abstraction on Ethereum? 🤔
This new Ethereum Improvement Proposal aims to revolutionize how users interact with smart contracts, potentially paving the way for gasless transactions and a more seamless user experience.
What does this mean for developers and users? Let's dive in! 👇
— Ambire Wallet (@AmbireWallet) May 20, 2024
#Ethereum #EIP7702 #Crypto #Web3 #Blockchain #GasAbstraction
The integration potentially influences Ethereum's Total Value Locked (TVL), reflecting on transaction volumes. Past technological advancements like EIP-3074 spurred similar adoption in the DeFi realm, suggesting a promising trajectory for UXLINK’s strategy.
EIP-7702 Draws Parallels with WeChat, Kakao Pay
EIP-7702 follows the framework laid by ERC-4337 and EIP-3074, enhancing DeFi protocols' interoperability. The UXLINK initiative draws parallels with the adoption of WeChat and Kakao Pay's prevalent payment solutions.
Experts point to UXLINK's FujiPay as a vital step in bridging crypto and daily payments. While official reactions remain sparse, historical trends suggest increased user interest and integration success driven by such innovations.
UXLINK is a pioneering Web3 platform committed to creating innovative solutions that connect cryptocurrencies with everyday life. Through its robust ecosystem, UXLINK empowers individuals and businesses to unlock the full potential of digital assets. — Rachita Chettri, MediaX Agency, UXLINK