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Home»Blockchain»Circle adds EOA support to Paymaster in 7 block chains
Blockchain

Circle adds EOA support to Paymaster in 7 block chains

2025-05-08No Comments3 Mins Read
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  • Circle Paymaster now supports EOA portfolios, so that gas costs can be paid in USDC without native tokens.
  • The function extends to seven large block chains, including Ethereum, Arbitrum and Polygon.

Who says crypto transactions should be complicated? Circle has announced an important update for its Paymaster function – and this time it is not only smart contract wallet users who can benefit.

From now on traditional portfolios AKA EOA (external ownership accounts) can also use USDC to pay gas costs, without the hassle of setting up native tokens such as ETH or Matic. Imagine that you are new in the web3 world, and the only token you have is USDC. Usually you still have to exchange it in a native token to click on ‘Send’. Now? Not anymore.

Circle Paymaster now supports EOAS and is spreading to 7 block chains!

Paymaster is the official solution for paying gas costs in @USDC, which eliminates the need to manage indigenous tokens.

Now EOA portfolios can enjoy streamlined onchain transactions.

What’s new:
✅ EOA -Support: now … pic.twitter.com/pjegefdpbo

– Circle (@Circle) May 7, 2025

Not only that, but Paymaster also extends to seven large block chains: Ethereum, Polygon Pos, Arbitrum, Base, on Mavet, Avalanche and Unichain. So if you regularly change networks, you can still enjoy this function without any restrictions.

All this is made possible by the integration with EIP-7702 that gives EOA wallets extra flexibility-they can set transactions, set authorizations and even work as smart contracts in a single transaction. It feels like an upgrade without changing portfolios.

See also  Bitcoin prices dip! - assess whether BTC can defend important support

Circle goes beyond portfolios with global and regional movements

On the other hand, the steps of Circle are to expand its influence, not only through the Paymaster function. CNF reported earlier that Circle also received approval from the ABU DHABI Financial Services Regulatory Authority (ADGM), which released the road to operate as a service provider in the Middle East.

At the same time, Circle also works with HUB71 – a technology -ecosystem in Abu Dhabi – to support the growth of crypto and fintech startups in the region.

Circle also launched the Circle Payments Network (CPN) on April 21, 2025, a worldwide payment network that makes direct cross -border transactions possible using stablecoins such as USDC and EURC. This is not only an exchange of exchange, but also a connector between banks, institutions and payment providers, so that they can connect contact with each other without waiting for a settlement for days.

Reject acquisition, choose IPO and build new partnerships

Interestingly, the news emerged at the end of April that Ripple Labs had submitted an acquisition box for Circle, with a value between $ 4 and $ 5 billion.

However, this offer was rejected because it was considered too low. Circle seems to give preference to the IPO route in the US instead of renouncing control of the company. Perhaps they feel that they are in a golden moment and they want to maximize the growth potential independently.

Circle still announced a partnership with Digital Asset Custodian Company Copper at the end of April. The goal? Expansion of support for transaction limitation using USDC via the Copper Clearloop system. Settings can therefore exchange and arrange transactions without moving assets to the exchange, because everything is done in a secured guardianship system.

See also  Former Head of Fidelity Digital Assets Joins Ethereum L2 Layer N Advisory Board



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Adds block Chains Circle EOA Paymaster Support
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