Published 2 days ago • loading... • Updated 1 day ago

Chainlink Launches Payment Abstraction on Ethereum Mainnet, Converts SVR Fees to LINK via Uniswap

Summary by CryptoPanic

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 story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

10 Articles

All

Left

Center

Right

Crypto Breaking News

Ethereum's Weekly Gas Prices Drop to Lowest Levels Since 2025

Cryptocurrency Ethereum experienced a significant drop in gas fees to levels not seen since 2025 this past week. The reduction in fees has brought relief to Ethereum users who have been grappling with high transaction costs for some time. Many attribute this decrease in fees to the recent network upgrade known as the London Hard Fork, specifically the implementation of EIP-1559. This new mechanism aims to make transaction fees more predictable b…

1 day ago

Read Full Article

Chainlink Today

March 2025 Recap: Sergey Nazarov Attends White House Crypto Summit, Chainlink Payment Abstraction Goes Live

Chainlink co-founder Sergey Nazarov made history last month at the first ever White House Crypto Summit, where he spoke to the President about how the U.S. can and should continue its global leadership role in the new onchain financial system. In a subsequent interview with Bloomberg Crypto, Nazarov said the new administration is moving fast to advance digital asset adoption, beginning with an executive order to establish a strategic Bitcoin re…

1 day ago

Read Full Article

Crypto Economy

Chainlink Eliminates Payment Friction With New Cross-Chain System - Crypto Economy

TL;DR Streamlined Cross-Chain Payments: Chainlink’s new Payment Abstraction lets users pay with various tokens that automatically convert to LINK via CCIP, Automation, Price Feeds, and a DEX. Sustainable Fee Recapture: The system targets Smart Value Recapture (SVR) fees from DeFi apps—splitting the fees between the app and the blockchain—to support a robust, self-sustaining economic model. Boosting Network Efficiency: By consolidating rewards f…

2 days ago

Read Full Article

99 Bitcoins

Chainlink Labs Just 360 Noscoped The Markets With Payment Abstraction

Chainlink Labs just dropped its Payment Abstraction feature on Ethereum’s mainnet, aiming to simplify crypto payments. By cutting through the usual transactional hurdles, it could boost the appeal of LINK and streamline user interactions within the Chainlink Network. The move positions Chainlink to drive adoption and spark lasting growth in the crypto space. (source) How This Works? With Payment Abstraction, paying for .cwp-coin-chart svg path …

2 days ago

Read Full Article

bsc.news

What is Chainlink Payment Abstraction? | BSCN (fka BSC News)

The new system allows users to pay for services in various tokens, automatically converting to LINK.

2 days ago

Read Full Article

Crypto News Flash

Chainlink Payment Abstraction Goes Live: Network Fees Now Convert to LINK - Crypto News Flash

Chainlink’s Payment Abstraction simplifies user payments by auto-converting tokens into LINK, reducing friction and boosting efficiency. Aave’s integration of SVR with Payment Abstraction enables MEV value sharing and sets up future LINK staking rewards. The Chainlink Network has officially rolled out Payment Abstraction on mainnet to cut out service payment issues. The idea is simple: let users pay with whatever tokens they already have and con…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year