Ethereum Updates Today: Making Blockchain Accessible: Bitget's Innovative Stablecoin Gas Solution
- Bitget Wallet enables stablecoin-based gas payments via EIP 7702, eliminating native token requirements for eight major blockchains. - The update simplifies cross-chain transactions and lowers entry barriers, supporting both EVM and non-EVM networks through gas abstraction. - Industry experts praise the innovation for advancing account abstraction, while security tools and $700M protection funds address potential risks. - Bitget plans to expand stablecoin gas payments to Plasma and Sei, positioning itsel
Bitget Wallet has introduced an innovative function that lets users cover blockchain transaction fees directly with stablecoins such as
With EIP 7702, which was recently added to Ethereum’s Pectra upgrade, externally owned accounts (EOAs) can temporarily function like smart contracts, enabling features such as transaction bundling and sponsored gas fees. This allows users to assign gas payment logic for each transaction without permanently turning their EOAs into smart contracts. Bitget’s solution works with EVM-compatible networks through EIP 7702 and also extends to non-EVM chains like Solana and

This advancement has been recognized for its potential to drive broader blockchain adoption. Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, highlighted that the upgrade narrows the divide between self-custody and centralized exchanges, letting users transact across different chains without the hassle of managing gas tokens. Experts suggest this change could enhance the practical use of stablecoins beyond just storing value, possibly increasing transaction activity and integration with DeFi platforms. By removing the need to swap assets for gas, the feature also makes it easier for users in areas where obtaining native tokens is expensive or difficult.
Nevertheless, this new approach brings additional security challenges. Wintermute and
Industry leaders, including Ethereum co-founder Vitalik Buterin and Uniswap’s Hayden Adams, have supported EIP 7702 for its compatibility with ERC-4337 and its potential to enable programmable wallets and social recovery features. This update also positions Bitget as a strong contender against MetaMask and OKX Wallet in the gas abstraction arena, with Bitget’s support for both EVM and non-EVM networks giving it a cross-chain advantage.
Looking forward, Bitget intends to extend stablecoin gas fee support to more blockchains, such as Plasma and Sei, and to further enhance cross-chain swaps and transactions. This initiative aligns with the broader movement in Web3 infrastructure, where improving user experience is seen as essential for mainstream growth. As more wallets and dApps adopt similar account abstraction technologies, the industry could see a rise in gasless transactions, subscription-based models, and integrated payment systems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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