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Crypto Prune > News > Trust Wallet includes Stablecoins fee payments
News

Trust Wallet includes Stablecoins fee payments

5 months ago 2 Min Read

Trust Wallet, one of the most used wallets in the cryptocurrency ecosystem, has enabled FlexGas. A tool that allows you to pay transaction fees Uses stability such as USDC and USDTand as well as native TWT tokens (trust wallet tokens).

The new feature was presented on July 1st, but the team behind the wallet explained on August 1st that you are currently operating within the same network, but will soon be enabled between different networks. Already available on BNB chains and Ethereum ».

This advance means users They don’t need to have ether (ETH) or BNB (BNB) Their accounts are traditional tokens that pay commissions on Ethereum and BNB chains, respectively.

Meanwhile, you can now use USDC, USDT or TWT. Promote and allow less friction tradingespecially for those who work with Stubcoin.

For example, the following image extracted from X’s Trust Wallet account publication allows you to see how your wallet can choose how it pays the rate.

Additionally, FlexGas is detailed in the statement, “advertised by Proposal EIP-7702.”

In this context, FlexGas acts as a layer that allows you to redirect commission payments to coins other than native assets in your network. This is possible thanks to the recent technical improvements EIP-7702. This is a proposal implemented in the PIN of Ethereum that provides external accounts (EOAs) to make external accounts (EOAs) function as intelligent contracts, and can include gas payments with non-etheric tokens, among other things.

However, this type of implementation contributes to simplifying the use of self-limiting wallets, but also adds vulnerable spaces to be exploited by scammers and hackers, as explained by encryption.

See also  Ethereum DEX hacked for over $100 million

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