Chainlink’s Payment Abstraction reduces user friction by automating token conversion and simplifying interactions with its services

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Chainlink has launched its Payment Abstraction system on the Ethereum mainnet, enabling users to pay for Chainlink services with various assets such as gas tokens and stablecoins, which are automatically converted into LINK using Uniswap. This system aims to reduce payment friction and enhance the user experience within the Chainlink Network.

Chainlink Payment Abstraction is designed to reduce payment friction and simplify the payment experience for users interacting with Chainlink services. Through a combination of onchain smart contracts, Chainlink services, and a decentralized exchange, the process of paying Chainlink Network service providers (e.g., nodes and stakers) in LINK is frictionless and automated.