Uniswap TJAR expands fee conversion, Robinhood receives payouts in USDC and USDG

Uniswap Labs has expanded its TJAR fee conversion infrastructure, enabling applications beyond its own protocol to convert and receive revenue in their chosen tokens. Robinhood, a widely known financial services platform that offers commission-free trading, has already tapped into this system to collect fees in both USDC and USDG. Unveiled on October 29, the Uniswap TJAR system allows applications to deposit fees collected in multiple token assets and specify the payout token they would like to receive. This approach streamlines a previously complex treasury process by separating the collection of assets from the payout choice. In this workflow, searchers—entities that execute blockchain transactions for profit—compete to supply the required payout tokens.

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