tl;dr
Trust Wallet, a leading self-custody wallet with over 200 million users, announces full support for EIP-7702, a major Ethereum upgrade enabling smart wallet features within standard Ethereum accounts. This allows Externally Owned Accounts (EOAs) to temporarily function like smart contract wallets du...
Trust Wallet, a leading self-custody wallet with over 200 million users, has announced full support for Ethereum's EIP-7702, a groundbreaking upgrade enabling smart wallet features within standard Ethereum accounts.
EIP-7702 allows Externally Owned Accounts (EOAs) to temporarily act like smart contract wallets during transactions, unlocking new capabilities such as gas fee flexibility, one-tap transactions, sponsored transactions, and automated actions—all without requiring users to change seed phrases or switch to smart contract wallets.
Trust Wallet has developed its own modular Account Abstraction engine to support this, providing a secure, scalable, and chain-agnostic infrastructure that includes components like the Paymaster for custom gas logic, Bundler for multi-step transactions, Relayer for fast transaction submission, and Gas Provisioner to manage gas sources efficiently.
One key upcoming feature, FlexGas, will allow users to pay gas fees with tokens they already hold—starting with USDT and TWT on Ethereum and BNB Chain. This innovation sets the stage for additional enhancements such as gasless onboarding for decentralized apps (dApps), automated wallet strategies, and smart transaction policies tailored for power users and institutions.
By embracing smart wallet architecture through EIP-7702, Trust Wallet aims to transform wallets from static key holders into intelligent, user-friendly financial agents, advancing the self-custodial wallet ecosystem at scale while maintaining user privacy and full custody.