Mercuryo and Meteor wallet team up to enhance crypto transactions-check out the details here
Mercuryo, a prominent cryptocurrency on-ramp solution provider, has joined forces with Meteor Wallet, a leading non-custodial wallet operating on the NEAR blockchain. Mercuryo and Meteor Wallet strategic partnership aims to streamline the process of crypto transactions for Meteor Wallet users, thereby enhancing the overall user experience.
Through the collaboration between Mercuryo and Meteor Wallet, Meteor Wallet users will gain access to Mercuryo’s fiat-to-crypto on-ramp solutions, enabling them to buy digital assets using credit and debit cards or Apple Pay seamlessly. This integration significantly simplifies the process of converting fiat currency into cryptocurrencies, facilitating users’ entry into the NEAR protocol ecosystem.
Meteor Wallet, renowned for its versatility and cross-chain account management capabilities, is poised to leverage NEAR blockchain technology to enable frictionless interactions across significant blockchains. With its vision to become the wallet of the future, Meteor Wallet currently offers support for 30 digital tokens and boasts a robust community of 500,000 wallet accounts and 70,000 daily active users.
Launched publicly in October 2022, Meteor Wallet has rapidly emerged as an integral component of the NEAR ecosystem. It offers a range of features, including fee-free in-wallet swap and staking, introduced in November 2022, to enhance user engagement and utility.
NEAR Protocol, the underlying blockchain infrastructure powering Meteor Wallet, addresses common challenges encountered in the web3 space, such as complex user experiences and scalability issues. With its chain abstraction approach, NEAR has garnered significant traction, boasting 12.4 million monthly active accounts and 34 million accounts overall, making it one of the most widely adopted networks in web3.
Aviessa Khoo, Executive Director at Mercuryo Singapore, expressed excitement about the integration, stating, “We are delighted to launch fiat-to-crypto on-ramps on Meteor Wallet. Once again, a leading non-custodial wallet in the digital token space has chosen Mercuryo’s on-ramp solutions.”
Meteor Wallet aims to solidify its position as the primary wallet for the NEAR blockchain, offering both web and browser extension versions to cater to a diverse user base. Through Mercuryo and Meteor Wallet partnership with Mercuryo, Meteor Wallet continues to enhance its functionality and accessibility, driving further adoption of cryptocurrency and decentralized finance (DeFi) services on the NEAR blockchain.
