🚀 Visa offers a proposal aimed at solving the ETH balance management challenge in crypto wallets: Paying on-chain gas fees directly in fiat currency with a Visa card! 💳

- Visa's solution allows users to pay gas fees directly with a Visa card, using Ethereum's ERC-4337 standard and the 'Paymaster' contract.

- While this approach is expected to provide great relief for existing users, it also aims to make it easier for new users to get involved in the process.

- Visa proposes to take the user's gas fee payment off-chain via their Visa card and cover the equivalent amount on-chain on their behalf. This process is similar to a typical card payment process, simplifying the gas fee experience.

- Visa has tested this idea on the Ethereum Goerli testnet and has run trial transactions successfully managing fees through Paymaster.

This innovative approach from Visa can make blockchain transactions simpler and more user-friendly!