Chainlink has introduced a new feature called ‘Payment Abstraction,’ designed to ease network payment processes, according to Foresight News. This innovative feature enables users to pay for Chainlink services using alternative assets like gas tokens and stablecoins. These assets are subsequently converted into LINK tokens via a seamless workflow powered by Chainlink Automation, price oracles, CCIP, and decentralized exchanges (DEX). This new technology is currently in production with an initial focus on processing network fees generated through Chainlink’s Smart Value Recapture (SVR). This development promises to make transaction workflows more efficient and streamline payments within the Chainlink ecosystem.