Ethereum plans stablecoin fee payments in next major upgrade

  • Ethereum plans to enable stablecoin payments for transaction fees in its next major upgrade.
  • September 7 marked Cointelegraph’s report on the proposed fee-payment feature.
  • Ethereum users currently pay network transaction fees in Ether.

Ethereum plans to let users pay transaction fees with stablecoins (cryptocurrencies designed to maintain a stable value) rather than Ether in its next major network upgrade. Users currently need Ether to pay gas fees (blockchain transaction charges) when processing transactions on Ethereum. If introduced, the feature would reduce the need to hold Ether separately for transaction costs. Cointelegraph reported the plan on September 7, citing Ethereum development plans.

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