OKX Wallet Launches Smart Account Feature, Enabling $USDT and $USDC Gas Fee Payments

OKX announced the launch of a new account abstraction-powered Smart Account feature on OKX Wallet, allowing users to pay gas fees on multiple blockchains with $USDT or $USDC.

OKX's Smart Account currently supports seven blockchains, including Ethereum, Polygon, Arbitrum, Optimism, BNB Chain, Avalanche and OKT Chain. With Smart Account, users can interact with multiple contracts in a single transaction. For example, it combines multiple stages of the swap and staking process into a single step to enhance user experience.

OKX Wallet will soon launch additional account-abstraction powered features, including social recovery functionality. This will enable users to select trusted "guardians" from their social network to help them recover their Smart Account if they lose their keys.