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Bitget Wallet integrates EIP-7702, allowing users to pay gas fees in stablecoins

The Block
Bitget Wallet integrated EIP-7702, enabling users to pay network gas fees using stablecoins like USDT, USDC, or BGB.

Summary

Crypto wallet provider Bitget Wallet has updated its service to integrate Ethereum Improvement Proposal EIP-7702, which allows users to pay network transaction fees using stablecoins. Users can now pay gas in USDT, USDC, or BGB across major blockchains including Ethereum, Solana, Base, TRON, Polygon, Arbitrum, BNB Chain, and Optimism, as part of the wallet's "gas abstraction" initiative. EIP-7702 temporarily grants externally owned accounts (EOAs) smart contract wallet capabilities, such as transaction batching and gas sponsorship. Bitget Wallet's Chief Marketing Officer, Jamie Elkaleh, stated this feature brings self-custody closer to the convenience of centralized exchanges by eliminating the need for users to manage native gas tokens. The integration is notable because it functions across both EVM and non-EVM ecosystems without requiring smart account upgrades, positioning it against similar gas abstraction efforts by rivals like MetaMask and OKX Wallet.

(Source:The Block)