StakeStone has launched a brand upgrade and White Paper 2.0, dedicated to building a crypto-native Digital Bank.

According to Foresight News, StakeStone has announced the completion of its brand upgrade and the release of version 2.0 of its White Paper. The content of the White Paper indicates that in terms of technical architecture, StakeStone 2.0 adopts a combination of account abstraction (EIP-7702), gasless payment, and social login technologies. In terms of the settlement mechanism, StakeStone 2.0 introduces a “layered settlement” system that constructs differentiated settlement hierarchies based on different asset characteristics and trading scenarios, achieving a processing model of “transaction as settlement, settlement as equity confirmation,” aimed at providing near real-time processing capabilities for cross-border payments, peer-to-peer transfers, and machine micropayments. In terms of product functionality, the protocol features an on-chain yield layer design, intending to drop the threshold for users to participate in the global yield network. Additionally, StakeStone plans to build an AI & Machine Payment Layer for agents through the AP2 (Agents-to-Payments Protocol) and x402 protocol, providing independent identification and programmable payment capabilities for AI applications, IoT devices, and algorithms. In terms of the governance model, users can only participate in protocol governance and obtain relevant rights by converting STO tokens into veSTO.