Mercuryo Integrates with zkSync for Fiat-to-Crypto Conversions on Ethereum
Global payments infrastructure provider Mercuryo has
announced its integration with zkSync, a Layer 2 scaling solution for Ethereum.
This integration introduces an intuitive on-ramp service facilitating the conversion
of fiat currency into digital tokens for users of the protocol.
The integration aims to enhance the user
experience within applications operating on the zkSync protocol. Specifically,
it enables these applications to offer direct fiat-to-crypto purchases within
their interface.
Omar Azhar, Head of Business Development at Matter Labs, Source: LinkedIn
Mercuryo’s involvement as a payments provider is anticipated
to streamline transactions and render them more cost-effective by eliminating
the necessity for applications to bridge assets from the underlying Ethereum
network. This is expected to result in benefits such as reduced gas fees,
faster transaction speeds, and enhanced security protocols inherent to the
zkSync protocol.
“Frictionless transfer and conversion of money and
cryptocurrencies is a critical piece of the puzzle for mainstream adoption and
increased usage of blockchain technology. We’re excited to see a leading
on-and-off-ramp solution such as Mercuryo integrate with zkSync and be
available to continue to provide an unmatched user experience on zkSync,”
said Omar Azhar, the Head of Business Development at Matter Labs.
On-Ramp Solution Facilitates Access to Layer 2 Scaling
Arthur Firstov, Chief Business Officer at Mercuryo, Source: LinkedIn
Moreover, Mercuryo’s on-ramp solution is poised to simplify
access to zkSync, a leading Layer 2 scaling solution. This simplification
potentially reduces the dependency of most user transactions on direct
interaction with the Ethereum mainnet , thereby potentially improving efficiency
within the ecosystem.
“We are delighted to play a part in the transformative
technology that zkSync embodies and make it available to a greater number of
users as a result of the simplicity and intuitive nature of our on-ramp
services,” said Arthur Firstov, the Chief Business Officer at Mercuryo.
“As a key infrastructure provider, we are providing users easy access to a
flourishing ecosystem that has so much to offer.”
Global payments infrastructure provider Mercuryo has
announced its integration with zkSync, a Layer 2 scaling solution for Ethereum.
This integration introduces an intuitive on-ramp service facilitating the conversion
of fiat currency into digital tokens for users of the protocol.
The integration aims to enhance the user
experience within applications operating on the zkSync protocol. Specifically,
it enables these applications to offer direct fiat-to-crypto purchases within
their interface.
Omar Azhar, Head of Business Development at Matter Labs, Source: LinkedIn
Mercuryo’s involvement as a payments provider is anticipated
to streamline transactions and render them more cost-effective by eliminating
the necessity for applications to bridge assets from the underlying Ethereum
network. This is expected to result in benefits such as reduced gas fees,
faster transaction speeds, and enhanced security protocols inherent to the
zkSync protocol.
“Frictionless transfer and conversion of money and
cryptocurrencies is a critical piece of the puzzle for mainstream adoption and
increased usage of blockchain technology. We’re excited to see a leading
on-and-off-ramp solution such as Mercuryo integrate with zkSync and be
available to continue to provide an unmatched user experience on zkSync,”
said Omar Azhar, the Head of Business Development at Matter Labs.
On-Ramp Solution Facilitates Access to Layer 2 Scaling
Arthur Firstov, Chief Business Officer at Mercuryo, Source: LinkedIn
Moreover, Mercuryo’s on-ramp solution is poised to simplify
access to zkSync, a leading Layer 2 scaling solution. This simplification
potentially reduces the dependency of most user transactions on direct
interaction with the Ethereum mainnet , thereby potentially improving efficiency
within the ecosystem.
“We are delighted to play a part in the transformative
technology that zkSync embodies and make it available to a greater number of
users as a result of the simplicity and intuitive nature of our on-ramp
services,” said Arthur Firstov, the Chief Business Officer at Mercuryo.
“As a key infrastructure provider, we are providing users easy access to a
flourishing ecosystem that has so much to offer.”
