Pectra Upgrade Could Let Ethereum Users Pay Gas Fees in SHIB

Ethereum is gearing up for a major upgrade that will allow users to pay fees in ERC-20 tokens like Shiba Inu (SHIB). This will be possible thanks to the upcoming Pectra hard fork, a significant upgrade that combines 11 Ethereum Improvement Proposals (EIPs) into one package. Scheduled to launch in March 2025, Pectra is expected to bring significant improvements to staking efficiency, wallet usability, and scalability.

At the core of the upgrade is the account abstraction feature, which aims to improve the wallet‘s usability by making it more intuitive. With this feature, Ethereum users will be able to pay gas fees using alternative ERC-20 tokens, particularly stablecoins, rather than being limited to the network’s native token, ETH.

The initiative initially supports ERC-20 stablecoins such as USD Coin (USDC) and Dai (DAI). It is expected that the Ethereum development team will add support for other ERC-20 tokens, including Shiba Inu ecosystem tokens such as SHIB, BONE, and TREAT. If this happens, Ethereum users will be able to pay gas fees using Shiba Inu for token transfers, NFT trading, and decentralized application (dApp) usage transactions.

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