Circle founder on new Crypto.com partnership: ‘this partnership with fuel crypto adoption’

Circle founder on new Crypto.com partnership: ‘this partnership with fuel crypto adoption’
фото показано с : invezz.com

2021-6-28 17:28

World-renowned crypto exchange Crypto.com launched a new partnership with peer-to-peer payments technology company Circle to enable deposits and withdrawals in US dollars. The service will be available in more than 30 countries worldwide according to a Crypto.com press release.  

Streamlined procedure

Circle’s role is to enable processing and storage of US dollars before converting the deposits at a 1:1 ratio into USDC (USDC/USD), one of the most lucrative stablecoins. Customers will get USDC in the Crypto.com exchange and app even though they will be making the deposits in fiat. It will take traders about three days to get funds in their accounts with the exchange. The only fiat deposit method allowed will be bank wire.  

Kris Marszalek, Co-Founder and CEO of Crypto.com, commented:

“Historically, transferring fiat into and out of crypto platforms has been an arduous process. Our partnership with Circle is yet another example of our commitment to working with the best partners in the industry to provide safe, reliable and easy money transfer solutions to our customers around the world.”

According to Circle CEO, chair, and co-founder Jeremy Allaire, the partnership will “fuel crypto adoption” around the world. It’s another shining example of innovation tearing down barriers between the future of payments and traditional finance. Circle expresses optimism and confidence in the partnership with the crypto exchange, which boasts both a vast, dedicated, and diverse base of global users and an impressive track record.

Ongoing expansion

The exchange platform is aggressively streamlining and expanding its offerings. Recently, they obtained a Virtual Financial Asset license in Malta. Last year, Crypto.com acquired The Card Group Pty Ltd., gaining an Australian Financial Services license in the process. The exchange is also an in-principal member of Visa in Australia.

Those interested in the new deposit service can watch a video with step-by-step instructions on how to set up US dollar bank transfers, uploaded at Crypto.com’s official blog.

The post Circle founder on new Crypto.com partnership: ‘this partnership with fuel crypto adoption’ appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto partnership circle new service dollars worldwide

Источник: invezz.com

crypto partnership → Результатов: 126


MOBI And CPChain Partner To Implement Automobile Blockchain Technology

Recently, Cyber Physical Chain (CPChain) and the Mobility Open Blockchain Initiative (MOBI) decided to start a partnership that can have a considerable impact on the crypto and in the auto market. CPChain is known for being a fully-scale decentralized data infrastructure designed specially for internet of things systems. MOBI is a nonprofit organization that works […]

2018-7-26 15:23


Фото:

Stellar Skyrockets And Fat Cats Profit As Huobi Exchange Listing Goes Live, XLM Up 10%

After a number of days of positive climbs and a positive new partnership announcement for Stellar, things seem to just keep getting better for the native token to the project, XLM. Yesterday, we covered a story on the new partnership between Stellar and TransferTo, a firm which provides international payment services in a project that will see XLM accessible to customers in 70 countries.

2018-7-26 13:00


UTRUST and AidCoin Unite to Enhance Charitable Giving – Delivering Protected and Transparent Crypto Donations via the Blockchain

Zug, Switzerland: 25th July, 2018 – Blockchain-based payment platform, UTRUST, has today announced a technology integration with AidCoin; the ERC20 for the new era of charitable giving. The partnership will enable UTRUST users to make instant, seamless and secure donations to charities using 23 different cryptocurrencies through AIDChain, via the UTRUST interface.

2018-7-25 10:58


CoinField Crypto Exchange To Create moonGO Trading App In New Partnership

Canada’s most advanced cryptocurrency exchange, CoinField, has announced the launch of its commission-free trading app, moonGo. CoinField also announced that it is now extending its services worldwide thanks to a new partnership with Malta’s Manticore Ventures that backs moonGo, a powerful app designed for traders who thrive on agility, flexibility and security. The app offers […]

2018-7-24 17:23


Фото:

B21 Opens A New Runway To Crypto

In the latest take-off slot from fiat world to crypto-land, B21 has announced a partnership that will make it easier for first-time users to start investing and holding cryptocurrencies. Using vouchers from Flexepin, users will be able to fund the B21 investment platform with cash, according to a press release issued yesterday by the two […] The post B21 Opens A New Runway To Crypto appeared first on Crypto Briefing.

2018-7-21 19:14


HSBC is ‘Cautious’ About Crypto and ‘Not Interested Now’ but Open to Change

HSBC Announces Partnership With Blockchain-Based Trade Platform In Hong Kong Cryptocurrency has been a sore subject for banks and other financial institutions for quite some time. There are many banks that have completely rejected crypto, even banning their customers from using their credit card to make purchases on any platform. However, there are other banks […]

2018-7-20 01:18


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Lumia secures strategic funds as node sales exceed 25,000 milestone

Lumia has announced a significant milestone in its journey to revolutionize the blockchain space, with the company surpassing the sale of 25,000 nodes. This achievement coincides with the successful completion of a strategic fundraising round, marking a pivotal moment in the company’s growth.