Mercuryo Integrates Fiat On-Ramp with Injective (INJ) Bridge
Iris Coleman Sep 06, 2024 11:39
Mercuryo partners with Injective (INJ)to streamline fiat-to-crypto transactions, easing user onboarding to the Injective ecosystem.
In a significant move to streamline the crypto onboarding process, Mercuryo has announced its integration with Injective, according to the Injective Blog. This collaboration aims to simplify the steps required for users to transition from traditional banking systems to the Injective (INJ) ecosystem.
Enhanced User Experience
Mercuryo is a leader in payment solutions for Web3 applications, supporting over 200 platforms. The integration with Injective introduces a seamless, one-step solution for acquiring INJ tokens via the Injective Bridge. This partnership is expected to significantly improve the user experience by reducing the complexity of the fiat-to-crypto conversion process.
The Injective Bridge is an all-in-one interface designed for easy onboarding and offboarding to and from the Injective network. It supports over 20 different networks, including Ethereum, Solana, Arbitrum, and Polygon, as well as Wormhole Connect, enhancing its connectivity. With Mercuryo's integration, users can now purchase INJ using widely accepted payment methods such as Visa, Mastercard, Apple Pay, Google Pay, and Bank Transfer.
Increased Accessibility
This integration also supports over 25 fiat currencies, including USD, EUR, JPY, GBP, CAD, CHF, and KRW, making it easier for a global audience to access the Injective ecosystem. The expanded fiat support aims to increase the accessibility of INJ tokens, thereby promoting wider adoption.
By reducing friction in the onboarding process, the partnership between Mercuryo and Injective represents a significant step forward in making decentralized finance more accessible. This is particularly important as the crypto industry seeks to attract more users from traditional financial systems.
About Injective
Injective is a high-performance interoperable layer-one blockchain optimized for building advanced Web3 financial applications. It offers developers powerful modules for creating decentralized applications (dApps). The native asset of the Injective ecosystem is INJ, which is crucial for its rapidly expanding network. Injective is incubated by Binance and backed by notable investors, including Jump Crypto, Pantera, and Mark Cuban.
Image source: Shutterstock