Circle, a global financial technology firm, has taken steps to simplify blockchain interactions for developers and businesses with the beta launch of two new Web3 Services products: Gas Station and Smart Contract Platform. These new services come as a follow-up to Circle’s recent Programmable Wallets offering. Gas Station aims to ease the cost burden associated with blockchain transactions for end users. Typically, Web3 users are required to pay a “gas fee” to conduct transactions on the blockchain. These fees have long been a point of friction for developers and businesses looking to integrate blockchain functionality into their apps.
Circle’s Gas Station allows those integrating their apps with Circle’s Programmable Wallets to offer a gasless transaction experience for users. Gagan Mac, Head of Product for Web3 Services at Circle, states that “With the launch of Gas Station, we are abstracting away blockchain transaction fees…