Famous DeFi Token Announced It’s Working With Mastercard! Here are the Details of the Agreement

Famous DeFi (decentralized token) safemoon‘s CEO, John Karony, announced that the company’s payment card works with Mastercard.

A new announcement regarding payment cards and point of sale systems (POS) was made on Safemoon’s official Discord channel. While the Mastercard deal has been enthusiastically received by the Safemoon community, it could have a huge impact on the altcoin price. Safemon, Mastercard After the news, the community expects the price to rise.

The SafeMoon Coin payment card is incomplete and is being worked on, in addition, the release date has not been confirmed. Mastercard is an excellent foundation for developing a payment system on it, and the team has already ensured that their smart contracts can perform POS transactions immediately, which is a crucial integration point for credit integration.

Of course, not everything is limited to this, but allegations that a multi-chain token bridge has also been developed have appeared in the press. Users can currently add addresses to Safemoon Trade and trade any token on the same chain in BSC or ETH only. Some members of the SafeMoon community believe the developers can take this a step further by incorporating it into a multi-chain bridge.

Although it may seem like a simple thing to create a multi-chain bridge, in reality this is an update that requires a very serious revision. The last wormhole attack still continues to be remembered as a reminder of how vulnerable chain links can be. However, the Safemoon community is hopeful for the future of this development.

At the time of the news, Safemoon was trading at $0.00171256, down 5.4%.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.

source site-6