Ask the average commuter about what they want from their vehicle and they might tell you, “I just need to get from Point A to Point B.”
An automotive aficionado, on the other hand, will open the hood and eagerly delve into their preferred machine’s inner workings, from engine, transmission, and suspension specs to 0–60 times and handling performance.
Most retail car consumers just want a daily driver that works, is safe and efficient, and is easy to use. They don’t care about the inner complexities of automotive mechanics. The same can be said for the average retail financial consumer.
The advent of Web3 tech offers a vast range of complex decentralized financial services, but many potential everyday users never get past Point A — onboarding from the traditional world of finance into crypto — to begin with. Our newest partner, Banxa, knows a fair bit about this conundrum and, fortunately, exactly how to handle it.
The Glue network has always aspired to provide its users with an accessible and intuitive Web3 experience: a service that just works. Under the hood, a decentralized blockchain ecosystem — an innovative and complex infrastructure consisting of multiple layers of cutting-edge technology — is busily churning away. But as far as the everyday Glue network user is concerned, it’s a simple, user-friendly interface that just does the job, seamlessly and safely performing a broad variety of retail consumer tasks.
Safety and accessibility are, of course, crucial for the optimal consumer experience. With our recent LayerZero partnership, we’ve greatly simplified cross-chain transactions, and with our latest partnership, we’re now greatly simplifying the onboarding process.
While moving fiat currency funds from traditional banks into crypto might no longer be intimidating for battle-hardened blockchain enthusiasts, it remains a daunting task for casual consumers. For those who aren’t privy to the inner machinations of the technology, on and off-ramps continue to act as psychological barriers. The fear of losing money along the way or giving the wrong permissions dissuades many potential customers from ever dipping their toes into Web3’s waters.
Our solution
We are proud to announce our partnership with Banxa, a trusted on and off-ramp for Web3. This partnership enables users to safely and easily convert their preferred fiat currency into crypto with convenient integration into the Glue Hub, for a seamless and intuitive experience.
Instead of opening an app in one place and a wallet in another, flipping between tabs and signing permissions here, there, and everywhere, Banxa’s services, fully integrated into the Glue Hub, make the onboarding process far simpler. Consumers can move their fiat funds via Banxa’s credit card processing and wire transfers for convenient on and offboarding, all within the Glue Hub’s streamlined interface.
It just works
It’s a key element of what has now become the ultimate crypto onboarding package. Add LayerZero’s cross-chain communication protocol for connecting with a range of blockchains like Ethereum, Avalanche, and Arbitrum, along with Stargate’s USDC cross-chain liquidity for a complete toolkit that ensures a safe pathway into full Web3 immersion.
The polished and secure feel of a centralized exchange experience is now available — without the downsides of centralization — via Glue’s comprehensive tech stack. It starts with the underlying Substrate network, providing security, governance, and cross-chain compatibility. Our multiple Layer-2 (L2) chains provide speedy and efficient access to finance, gaming, and asset transfer services. And the intuitive front-end hub, now with Banxa fully integrated, makes joining the Web3 journey easier and safer.
Together, these technologies not only compete with centralized exchange services but importantly, they take things a key step further — delivering decentralization to the mainstream. Banxa and Glue look forward to fostering a new narrative: pioneering retail adoption for a financial service that just works the way users expect, whether they’re grizzled veterans or novice explorers taking their first cautious steps into the Web3 frontier.
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