Not necessarily. ERC20 tokens themselves operate on the Ethereum blockchain without requiring “smart accounts,” as standard wallets can send, receive, and store them. However, smart accounts or smart wallets can enhance automation, security, and gas management, making token interactions smoother. For example, in 2026, companies like Bitdeal often integrate smart accounts when offering advanced ERC20 token services, helping users streamline transactions while maintaining flexibility and control over their assets.
Explore More: https://www.bitdeal.net/erc20-token-development