Mercuryo Integrates ZkSync for Fiat-to-Crypto Conversions on Ethereum
By: Tareq Sikder
- The new integration enhances the user experience by streamlining transactions and making them more cost-effective and efficient.
- Benefits include lower gas prices, faster transaction speeds, and improved security protocols.
Mercuryo, a global payment infrastructure provider, has announced the launch of its new website. The company announced that it has integrated with zkSync – a Layer 2 scaling solution for Ethereum. This integration provides an easy on-ramp conversion service. The protocol allows users to convert fiat currencies into digital tokens.
Improving transparency and cost efficiency
The integration aims to improve the user experience in applications running on the zkSync protocol. Specifically, it enables these applications to offer fiat-to-crypto transactions within their interface.
Omar Azhar is Head of Business Development at Matter Labs. Source: LinkedIn
Mercuryo is intended to be used as a payments provider to streamline transactions and make them more cost-effective and efficient by eliminating the need to source bridge assets from the underlying Ethereum network. Benefits are expected to include lower gas prices, the enhanced security measures, and the faster transaction speeds inherent in the zkSync protocol.
“The frictionless transfer and conversion of money and cryptocurrencies is a critical piece in the puzzle of mainstream adoption. Increased use of blockchain technology. We are excited to see blockchain technology gaining popularity. Mercuryo, an on- and off-ramp solution, can be integrated with zkSync. “zkSync” will continue to provide an unparalleled user experience. Omar Azhar is Head of Business Development at Matter Labs.
On-ramp solution provides access to Layer 2 scaling
Arthur Firstov is Chief Business Officer of Mercuryo. Source: LinkedIn
Mercuryo’s on-ramp is also poised to simplify access to zkSync - a leading layer-2 scaling solution. This simplifies the process. Direct transactions can be reduced to a lesser extent. Interaction with the Ethereum mainnet This could potentially improve efficiency within the ecosystem.
“We are excited to be part of the transformation process.” technology that zkSync represents and make it accessible to a larger number of users. Our on-ramp is simple and intuitive, making it a great choice for users. Arthur Firstov is Chief Business Officer of Mercuryo. As a provider of critical infrastructure, we offer users easy access to a “thriving ecosystem with so much to offer”
Forex technical analyst and financial writer with 12 years of experience.
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