.binance has announced the launch of its own fiat-to-crypto payments provider
, the number one cryptocurrency exchange in the world, has announced the launch of its own payments technology company called Bifinity.It supports a host of cryptocurrencies as well as traditional payment networks such as Visa and Mastercard.
Merchants will be able to integrate the company's application programming interface in order to reach a higher level of scale. The service claims that it offers payment processing fees.Helen Hai, president of Bifinity, believes that the company will help to propel crypto adoption around the world: As the crypto and the Web3 economy continue to grow, we see greater demand to build improved fiat-to-crypto on-ramps to bridge the gap between the traditional finance industry and the decentralized and centralized crypto economy.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.
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