According to BlockBeats, Web3 developer and transaction infrastructure platform Biconomy said that 250 new projects per month will use Biconomy Paymaster in the first half of 2024.
Paymaster UserOps on Web3 totaled 19 million, with an average monthly growth rate of 17% over the past 6 months, processing $2.9 million in gas fees.
It is reported that UserOps provides flexible payment options through Paymasters, abstracts gas complexity, and improves user acquisition and retention rates.