Global payment network Mercuryo Dogecoin (DOGE), XRP, Phantom (FTM), Circle’s USDC stablecoin and Litecoin (LTC) cryptocurrencies started to support.
Global Payments Company Merkuryo Uses Cryptocurrencies for Fast Payments
Mercuryo uses cryptocurrencies to make fast and efficient cross-border payments.
The venture raised $7.5 million last June during a Series A funding round led by European venture capital firm Target Global.
Mercuryo has integrated $XRP
🖤@ripple has made waves in the cross-border payments industry powered by $XRP
🖤The protocol is used by major banks to facilitate rapid, secure, + cheap transacting
🖤Ripple initially began as “RipplePay” in 2004 – 5 years ago Bitcoin’s launch pic.twitter.com/CkUak737tA— Mercuryo (@Mercuryo_io) July 29, 2022
Founded in 2018, Mercuryo has partnered with companies like Bitfinex, Binance, Trezor, Bithumb, and Trust Wallet. The company aims to create an ecosystem of payment solutions in the cryptocurrency industry, thereby making digital assets more accessible.
Last May, the company formed a partnership with decentralized exchange platform 1inch Network, enabling the inflow of fiat money into decentralized finance.
In April, Mercuryo became one of the first companies in the industry to combine open banking payments, thus offering higher transaction speed and stronger security, after signing an agreement with open payments gateway Volt.
Noting that Ripple, the company associated with the XRP token, is making noise with cross-border payments, Mercuryo added that the protocol is used to facilitate fast and cheap payments.
Earlier this month, nine more fiat currencies were added to the platform (Polish zloty, Swedish krona, Danish krone, Czech Koruna, Swiss franc, Australian dollar, Canadian dollar, Hong Kong dollar and Bulgarian lev).
*Not investment advice.