GLOBAL payments infrastructure platform Mercuryo has launched on-ramp services on Injective - a lightning fast interoperable layer one blockchain optimised for building Web3 finance applications.
The first implementation of the on-ramp services will be on the Injective Bridge, which allows bi-directional transfer of digital assets between blockchain ecosystems and Injective.
The launch will enable users on the Injective network to convert fiat holdings into a variety of digital assets.
“Injective and Mercuryo share the same vision of bridging traditional payment methods with DeFi,” said Arthur Firstov, Chief Business Officer at Mercuryo.
“We anticipate a ready uptake for these on-ramp services among Injective’s growing user base.”
Eric Chen, CEO and co-founder of Injective Labs, said the new fiat on-ramp would simplify the user experience.
“By providing a direct entry point for users to transition from fiat to crypto, this integration enables more individuals to participate in the growing intersection of traditional and decentralized finance, ultimately driving mainstream adoption of blockchain technology," he explained.