[ad_1]
TORONTO–(BUSINESS WIRE)–Banxa, the world’s first registered cryptocurrency payment gateway provider, today announced its integration with Metis, an organization committed to building a robust, decentralized layer 2 infrastructure to power the web3 economy. Banxa’s fiat-to-crypto ramp on-and-off will enable Metis’ user base to benefit from Banxa’s enhanced payment methods and banking options capabilities. Through integration, Metis users can now easily interact with the 49+ cryptocurrencies supported by Banxa, including BTC, ETH, SOL, DOT and BNB.
According to a survey from The Ascent, more than 46.5 million Americans plan to buy cryptocurrency within the next year. Globally, research shows that around 1 billion people own or transact with cryptocurrencies by 2022, indicating continued interest in and adoption of digital assets. Despite the growing awareness of the digital economy, there are still large gaps in the understanding and usefulness of cryptocurrencies that hinder their potential for further growth. Currently, 24% of Americans claim not to understand cryptocurrencies or digital wallets, with another 17% of Americans commenting that they prefer not to invest in digital assets because they are not sure how they are used.
In an effort to make cryptocurrencies more user-friendly and more accessible, Banxa’s integration with Metis simplifies the complexities surrounding cryptocurrencies for Metis users, as well as the next wave of crypto enthusiasts.
“We are always trying to move the industry forward, and accelerate the adoption of digital assets and blockchain technology,” said Elena Sinelnikova, CEO and Co-founder of Metis. “In many ways, adoption starts with a simplification of technology and education around the representational potential of Web3. Metis is very proud to work with Banxa to continue to push towards this mission, and we are confident this integration will be of great benefit to current and future users.”
Widely recognized as the industry’s leading fiat-to-crypto onramp, Banxa brings users across the digital asset space a complete frictionless experience with low fees and strong fraud protection to make navigating cryptocurrencies easy and secure. Banxa’s solutions provide strict compliance standards to mitigate risks for users, while facilitating access to cryptocurrencies for users worldwide.
“We are excited to announce this integration with Metis, and provide our seamless on/off ramp infrastructure to support growing user demands,” said Josh D’Ambrosio, Chief Commercial Officer at Banxa. “Metis represents one of the most popular Layer 2 solutions, and we firmly believe that, together, we can accelerate the mass adoption of DeFi.”
For more information on Metis and its Smart Layer 2 solution, see: metis.io. Follow Metis on Twitterand join the conversation on Discord.
To learn more about Banxa and its fiat-to-crypto solution, please see: banxa.com. Follow Banxa on Twitter.
ABOUT BANXA
Banxa’s mission is to accelerate the world to Web3 with a leading global ramp on-and-off solution. Through its extensive network of local payment solutions paired with the necessary crypto licenses, Banxa provides its partners and projects with access to a global audience with less friction and higher conversions. Banxa has a global team of Web3 natives – with operations headquarters in the US, Europe and APAC regions.
For more information visit www.banxa.com.
ABOUT METIS
Metis is the first of its kind, a scalable and user-friendly platform built to scale Ethereum and facilitate infrastructure development. Metis Layer 2 is simply the core component of the Metis Stack*, followed by the Reputation Power System, and the Decentralized Autonomous Company (DAC) Framework. The Metis Stack will provide an ideal environment for infrastructure development, day-to-day business and other forms of open collaboration.
When using Metis, users can rest assured that their transactions are secured by the Ethereum mainnet while uniquely inheriting the basic benefits of Ethereum. Builders and users actually interact with, and are secured by, the Ethereum mainnet.
Contact
Isaiah Jackson
Howl Labs
t: 805 674 7348
e: [email protected]
[ad_2]
Source link
