Stabliq Wallet: Revolutionizing Gas Fee Payments — Now with Stablecoins, No ETH Needed
The cryptocurrency wallet market has gained a significant player. Virell Trade has officially launched Stabliq Wallet — a non-custodial solution focused exclusively on working with stablecoins. The product's key innovation is the ability to pay network fees directly in stablecoins, without needing to hold native blockchain tokens. Currently, support is implemented for the Ethereum and TRON networks.
How the Gasless Mechanism Works
Stabliq Wallet supports major stablecoins: USDT, USDC, and a number of other tokens. Users can store, send, and receive assets in a unified interface. When creating a wallet, two modes are available:
- Gasless — the transaction fee is automatically deducted in stablecoins from the user's balance;
- Standard — the fee is paid with the network's native token (ETH for Ethereum, TRX for TRON).
It is important to note: the fee payment mode using stablecoins is currently active only on the Ethereum network. This is a logical step, given that gas fees on Ethereum often become a barrier for users, especially when working with USDT.
"To transfer USDT on the Ethereum network, ETH is usually required to pay for gas. Stabliq Wallet eliminates this need: the fee is deducted in stablecoins from the user's balance. The built-in token exchange works similarly — holding ETH to pay network fees is not necessary," project representatives explain.
Functionality and Security
The app offers a standard but well-thought-out set of features: support for multiple accounts, wallet import via seed phrase or private key, an address book, transaction history, the ability to add custom tokens, and transfers via QR code.
Stabliq Wallet operates on a non-custodial model — private keys and seed phrases are stored exclusively on the user's device, ensuring full control over funds. The developer is Virell Trade FZ-LLC, registered in the Ras Al Khaimah Free Trade Zone (RAKEZ) in the UAE. The wallet is already available for download on the App Store and Google Play.
My analysis: This solution addresses one of the most painful issues for stablecoin users — the need to hold ETH to pay for gas. This is especially relevant for retail traders and those actively using USDT in DeFi. However, it is worth monitoring how the scalability of this mechanism will be implemented as the number of transactions grows, since "gasless" solutions often require off-chain processing or the use of relay networks, which can impact speed and cost.