Bitget Wallet Now Allows Gas Fees to be Paid in Stablecoins

Bitget Wallet Now Allows Gas Fees to be Paid in Stablecoins

user avatar

by Gustavo Mendoza

a year ago

Made with AI


Bitget Wallet has made a significant leap in enhancing user experience by integrating EIP-7702, allowing users to pay gas fees with stablecoins. The material points to an encouraging trend: this update is set to transform the way transactions are conducted on the blockchain, making it more accessible and convenient for users.

Integration of EIP-7702 in Bitget Wallet

With the integration of EIP-7702, Bitget Wallet users can now utilize stablecoins such as USDT and USDC to cover gas fees. This development eliminates the necessity for native gas tokens, like ETH, streamlining the transaction process and making it more akin to the experience offered by centralized exchanges.

Impact on Crosschain Transactions

The move is expected to facilitate increased cross-chain transactions, as users can now engage in blockchain activities without the burden of converting their assets into native tokens for gas fees. This could lead to a surge in activity on the Ethereum blockchain and other networks, potentially driving up the volume of stablecoin transactions while simultaneously lowering operational costs for users.

JetBolt has recently introduced a groundbreaking approach to decentralized app deployment, offering zero gas fees and instant transaction finality. This innovative platform contrasts with Bitget Wallet's recent integration of stablecoin gas fee payments. For more details, see JetBolt's offering.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

JP Morgan Asset Management Launches Tokenized Money Market Funds on Solana

JP Morgan Asset Management has launched two tokenized money market funds, MONY and JLTXX, on the Solana blockchain for qualified US investors.

user avatarZainab Kamara

Bitwise Dogecoin ETF Reaches Liquidation Distribution Date

The Bitwise Dogecoin ETF has reached its announced liquidation distribution date on October 22, with remaining shareholders set to receive cash based on the fund's net asset value.

user avatarSon Min-ho

Solayer Pay Launches Direct Stablecoin Deposits for Enhanced User Experience

Solayer Pay has launched a feature allowing direct stablecoin deposits from five major blockchain networks, simplifying the funding process for users.

user avatarAyman Ben Youssef

CMCC Global Introduces Tokenized Fund Strategies

CMCC Global is introducing two fund strategies as tokenized securities through Tether's Hadron infrastructure and Bitfinex Securities under El Salvador's regulations.

user avatarTando Nkube

Senator Blumenthal Investigates Tether's Payments to Consultancy

Senator Blumenthal investigates Tether's payments to consultancy Nxum over potential ethics concerns.

user avatarKofi Adjeman

Blockchain Association Pushes for Crypto Tax Legislation

The Blockchain Association advocates for bipartisan changes to cryptocurrency tax regulations, seeking a de minimis exemption for small transactions and clarity in tax reporting for digital asset users.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.